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Saga Pure ASA - Update on mandatory offer on S.D. Standard ETC
03 Apr 2025 17:00 CEST
Issuer
Saga Pure ASA
Reference is made to the announcement made by Saga Pure ASA ("Saga" or the
"Offeror") on 4 March 2025 regarding the Offeror's investment in S.D. Standard
ETC Plc ("SDSD" or the "Company"), 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 offer document for the Mandatory Offer is expected to be approved by the
Norwegian Financial Supervisory Authority of Norway over the next few days. The
acceptance period for the Mandatory Offer will commence the first trading day
following approval of the offer document.
For further information, please contact:
Espen Lundaas, CEO, +47 924 31 417
Tore Jakob Berg, CFO, +47 934 80 202
This information is subject to the disclosure requirements pursuant to Section 5
-12 the Norwegian Securities Trading Act
More information:
Access the news on Oslo Bors NewsWeb site
Source
Saga Pure ASA
Provider
Oslo Børs Newspoint
Company Name
SAGA PURE
ISIN
NO0010572589
Symbol
SAGA
Market
Euronext Oslo Børs