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S.D. Standard ETC Plc – Update on mandatory offer on S.D. Standard ETC
03 Apr 2025 17:00 CEST
Issuer
S.D. Standard ETC Plc
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
More information:
Access the news on Oslo Bors NewsWeb site
Source
S.D. Standard ETC Plc
Provider
Oslo Børs Newspoint
Company Name
S.D. STANDARD ETC PLC
ISIN
CY0101550917
Symbol
SDSD
Market
Euronext Oslo Børs