Sydbank — M&A Activity 2014

Mar 24, 2014

News Details

UK Regulatory | 24 March 2014 08:33

Nets to be acquired by Advent International, ATP and Bain Capital

Sydbank A/S / Miscellaneous

24.03.2014 08:33

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The issuer is solely responsible for the content of this announcement.

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Aabenraa, Denmark, 2014-03-24 08:33 CET (GLOBE NEWSWIRE) --
Today, Advent International, ATP and Bain Capital have signed an agreement to
acquire 100% of the share capital of Nets from the existing shareholders, a
group of approx 190 Danish and Norwegian banks, for a cash consideration of DKK
17 billion, equal to DKK
92.37 per share. In addition, the shareholders will receive dividend for 2013
totalling DKK 498 million, equal to DKK 2.70 per share.

The acquisition is subject to regulatory approval and is expected to be
completed in Q2 2014.

Sydbank owns 2.456% of the share capital of Nets and the acquisition will imply
extraordinary income of DKK 147 million for Q1 2014.

Click on, or paste the following link into your web browser, to view the
associated documents

https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=465603

News Source: NASDAQ OMX

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Language: English
Company: Sydbank A/S

                Dänemark

Phone:
Fax:
E-mail:
Internet:
ISIN: DK0010311471
Category Code: MSC
TIDM: 0G6U
Sequence Number: 1952
Time of Receipt: March 24, 2014 08:33:41

End of Announcement DGAP News-Service

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