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Sydbank — M&A Activity 2013
Dec 12, 2013
3387_rns_2013-12-12_f1cb18dc-62a1-4b74-8c29-9f470fecbdd4.pdf
M&A Activity
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Sydbank A/S / Miscellaneous
12.12.2013 20:29
Dissemination of a Regulatory Announcement, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------------
Aabenraa, Denmark, 2013-12-12 20:29 CET (GLOBE NEWSWIRE) -- On 21 November 2013 Sydbank A/S ('Sydbank') published a tender offer document ('Tender Offer Document') regarding a voluntary recommended public tender offer to the shareholders of DiBa Bank A/S for the purchase of all shares in DiBa Bank A/S against a consideration in cash of DKK 145 per share of DKK 20 nominal ('Tender Offer').
According to item 3.7 of the Tender Offer Document, the Tender Offer is subject to a number of terms and conditions, for instance that the Articles of Association of DiBa Bank A/S are amended so that (i) the voting ceiling in Article 9 and (ii) the provisions concerning the Company's shareholders' committee in Articles 11-15 are deleted.
DiBa Bank A/S has just released a company announcement in which it is announced that the shareholders of DiBa Bank A/S at an extraordinary general meeting held today with the requisite majority adopted the necessary amendments to the Articles of Association whereby the above condition of amendments to the Articles of Association has been observed.
The Tender Offer will expire on 19 December 2013 at 21.00 (local time) unless the tender period is extended.
Click on, or paste the following link into your web browser, to view the associated documents
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=454057
News Source: NASDAQ OMX
12.12.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
| Language: Company: |
English Sydbank A/S |
|
|---|---|---|
| Denmark | ||
| Phone: | ||
| Fax: | ||
| E-mail: | ||
| Internet: | ||
| ISIN: | DK0010311471 | |
| Category Code: | MSC | |
| TIDM: | 0G6U | |
| Sequence Number: | 1815 | |
| Time of Receipt: | Dec 12, 2013 20:29:37 | |
| End of Announcement | DGAP News-Service |