Euronext, the leading pan-European exchange, announces today that it has completed its confirmatory due diligence on Oslo Børs VPS and declares its offer unconditional. Consequently, the Offer will now be completed and Oslo Børs VPS shareholders who have tendered their shares in the Offer will receive an Offer Price of NOK 158 per share plus applicable interest payments.
The acceptance period of the Offer expires today at 18:00 Central European Time. Settlement of shares tendered under the Offer and agreed to be acquired is expected to occur by 14 June 2019. Euronext will communicate the result of the Offer and its expected total holding of Oslo Børs VPS shares next week.
As previously announced, in order to provide remaining Oslo Børs VPS shareholders an opportunity to tender their shares to Euronext on the same terms, Euronext today launches an unconditional offer at NOK 158 plus a fixed interest payment of NOK 3.21 per share for all issued and outstanding shares in Oslo Børs VPS not already owned by Euronext. This unconditional offer will be open for acceptance until 28 June 2019 at 18:30 Central European Time. Shareholders accepting this unconditional offer on or before 7 June 2019 will receive settlement on 14 June 2019. The unconditional offer document is available to Oslo Børs VPS shareholders on https://www.euronext.com. Shareholders are informed that the Offeror will not be subject to any obligation to make, and does not intend to make, any new offer(s) to Oslo Børs VPS shareholders once this unconditional Offer has been completed.
Defined terms with capital letters herein have the meaning as in Euronext’s Offer Document published on 14 January 2019.
