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S.D. Standard ETC — M&A Activity 2025
Apr 3, 2025
9921_rns_2025-04-03_fa2332e2-91b8-45a8-b9cc-930bf9725074.html
M&A Activity
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S.D. Standard ETC Plc – Update on mandatory offer on S.D. Standard ETC
S.D. Standard ETC Plc – Update on mandatory offer on S.D. Standard ETC
Reference is made to the stock exchange announcement made on 4 March 2025 regarding an acquisition of shares in S.D. Standard ETC Plc ("SDSD" or the "Company") by Saga Pure ASA ("Saga" or the "Offeror"), which implied that the Offeror is required to present a mandatory offer for all remaining shares in SDSD, and informed that Saga intends to launch a mandatory offer for all remaining shares in SDSD (the "Mandatory Offer").
The Company has been informed that the offer document for the Mandatory Offer is expected to be approved by the Norwegian Financial Supervisory Authority of Norway over the next few days, and that the acceptance period for the Mandatory Offer will commence the first trading day following approval of the offer document.
For further information, please contact:
Chief Financial Officer, Christos Neokleous at +357 99 53 1193
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act