The board of directors of Fornebu Utvikling ASA (FBU) refers to the statement issued by Oslo Bolig- og Sparelag (OBOS) informing that OBOS has agreed to purchase 494,488,026 shares in FBU ASA and that OBOS following this transaction, OBOS will own 643,079,026 shares, corresponding to 77.5 % of FBU's share capital.
OBOS has agreed a price per share of NOK 2.45, which is
45.8% above the last exchange trade. This values the equity
of FBU at NOK 2.034 billion.
4 weeks following completion of this acquisition, OBOS will
be obliged subject to applicable law to make a mandatory
offer to the remaining shareholders.
FBU will give a statement to the shareholders concerning
the offer in accordance with applicable law. The statement
will be provided as early as possible and at the latest one
week prior to expiry of the mandatory offer.
The board of directors of FBU will work for equal treatment
of its shareholders in line with applicable law, among
other through the provision of information
For further information, please contact:
CEO Morten Grongstad, tel.: +47 99 15 39 05
CFO Gisle Glück Evensen, tel: +47 91 80 05 66
About Fornebu Utvikling ASA:
Fornebu Utvikling (FBU) is a Norwegian real estate company
listed on the Oslo Stock Exchange. The Group develops and
sells attractive housings of high quality. Currently,
the Group has development projects at Fornebu outside Oslo
(Norway) and in Odense (Denmark).
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
distribué par | Ce noodl a été diffusé par Fornebu Utvikling ASA et initialement mise en ligne sur le site http://www.fornebuutvikling.no. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-31 09:07:26 AM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |