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Press Release: Nasdaq Extends the Acceptance Period for its Offer for Oslo Børs VPS


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Press Release: Nasdaq Extends the Acceptance Period for its Offer for Oslo Børs VPS

Business

Category: Accounting / Financial

OSLO, Norway and STOCKHOLM, Sweden, March 25, 2019 (GLOBE NEWSWIRE) — Nasdaq AB, an indirect subsidiary of Nasdaq, Inc. (Nasdaq: NDAQ) (“Nasdaq”), announced today that it is extending the acceptance period of its offer (the “Offer”) to acquire all of the issued shares of Oslo Børs VPS Holding ASA (NOTC: OSLO/OTCMKTS: OSBHF) (“Oslo Børs VPS”) made pursuant to its offer document published on February 4, 2019, as amended by the announcement made on March 4, 2019 (the “Offer Document”), previously set to expire March 29, 2019 at 17.30 CET, to April 30, 2019 at 17.30 CET.

Nasdaq may in its sole discretion further extend or re-open the acceptance period for the Offer (one or more times) prior to the Drop-dead Date (as defined in the Offer Document), subject to Nasdaq AB’s obligation to re-open the acceptance period for the Offer, or by other adequate means permit shareholders of Oslo Børs VPS to accept the Offer, if the minimum acceptance condition has not been satisfied or waived prior to the expiry of the acceptance period and the Euronext Offer (as defined in the Offer Document) is withdrawn after the expiry of the acceptance period but prior to the Drop-dead Date.

For additional information on the strategic rationale for, and the terms and conditions of, the Offer and on Nasdaq’s future plans for the development of and strengthening of Oslo Børs VPS and the Nordic region’s financial ecosystem generally, please refer to the Offer Document which is available at http://ir.nasdaq.com/acquisitions/oslo-validation-access-rights.

For more information about the press release, including a downloadable PDF version, click HERE.

Source: Nasdaq

Published: March 5, 2019