CapMan Plc Stock Exchange Release 15 June 2017 at 2.30 p.m. EEST
This stock exchange release may not be published or distributed, in whole or in part, directly or indirectly, in or into or to any person located or a resident of the United States of America, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa, or any other country where such publication or distribution would violate applicable regulation or would require additional measures in addition to the requirements under Finnish law.
CapMan Plc has gained title to the minority shares in Norvestia Oyj and Norvestia Oyj’s shares are de-listed
CapMan Plc (“CapMan”) has today 15 June 2017 posted a security approved by the arbitral tribunal in connection with the redemption of the minority shares in Norvestia Oyj (“Norvestia”) and thus acquired title to all the minority shares in in accordance with chapter 18, section 6 of the Companies Act. Following the posting of the security, the minority shares are transferred to CapMan and a right to the redemption price is recorded on the minority shareholders’ book-entry securities accounts. The arbitral tribunal will render its final arbitral award, in which the redemption price will be determined, later and on or about September 2017.
CapMan has received information that in accordance with the announcement by Norvestia on 12 April 2017, Norvestia has on 20 April filed an application with the Listing Committee of Nasdaq Helsinki Ltd for the termination of public trading in the Norvestia share and the de-listing of the share after CapMan has gained title to all Norvestia’s shares. The Listing Committee of Nasdaq Helsinki Ltd has approved the application and in accordance with the decision of the Listing Committee, Norvestia’s shares are listed for the last day today 15 June 2017.
CAPMAN PLC
BOARD OF DIRECTORS
Additional information:
Niko Haavisto, CFO, CapMan Plc, tel. +358 50 465 4125
Distribution:
Nasdaq Helsinki
Principal media
www.capman.com
CapMan Plc
www.capman.com
www.capman.com/exchange-offer
CapMan is a leading Nordic investment and specialised asset management company. As one of the Nordic private equity pioneers we have actively developed hundreds of companies and real estate and thereby created substantial value in these businesses and assets over the last 25 years. CapMan has today 100 private equity professionals and manages 2.8 billion in assets. We mainly manage the assets of our customers, the investors, but also make direct investments from our own balance sheet in areas without an active fund. Our objective is to provide attractive returns and innovative solutions to investors and value adding services to professional investment partnerships, growth-oriented companies and tenants. Our current investment strategies cover Buyout, Growth Equity, Real Estate, Russia, Credit, Infrastructure and Tactical Opportunities. We also have a growing service business that currently includes fundraising advisory, procurement activities and fund management.
