Saga Pure - M&A Activity 2025 | FinancialReports.eu

Saga Pure ASA - Invests in S.D. Standard ETC and triggers mandatory offer

Saga Pure ASA ("Saga Pure") has today acquired 13,000,000 shares in S.D.

Standard ETC Plc ("SDSD") at an average price per share of NOK 1.64.

Saga Pure is a related party to Ferncliff Listed DAI AS ("Ferncliff Listed

DAI"), the largest shareholder of SDSD, as Øystein Stray Spetalen is both the

sole owner of Ferncliff Listed DAI and a board member of Saga Pure.

Following the acquisition by Saga Pure of 13,000,000 shares in SDSD, Saga Pure

and Ferncliff Listed DAI hold a total of 168,918,109 shares in SDSD, where Saga

Pure holds 13,000,000 shares and Ferncliff Listed DAI holds 155,918,109 shares,

corresponding to a consolidated ownership of approximately 32.21% of the total

outstanding shares in SDSD. As a result of the above, Saga Pure has triggered an

obligation to make a bid for the remaining shares in SDSD pursuant to applicable

law in Cyprus. Saga Pure plans to make this bid within four weeks of the date

hereof, as required by the Norwegian Securities Trading Act.

For further information, please contact:

Espen Lundaas, CEO, +47 924 31 417

Tore Jakob Berg, CFO, +47 934 80 202

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation and is subject to the disclosure requirements pursuant

to section 5-12 of the Norwegian Securities Trading Act. This stock exchange

announcement was published by Tore Jakob Berg, CFO, at the time and date

provided.

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