Revised Exchange Ratio for the Proposed Combination Between Intrum Justitia and Lindorff for Tomorrow's Extraordinary General Meeting
STOCKHOLM, Sweden, Dec 13, 2016 /PRNewswire/ --
Nordic Capital announced earlier today an agreement with SEB Fonder, AMF and Lannebo Fonder regarding a proposed adjustment to the exchange ratio for the combination between Intrum Justitia and Lindorff. SEB Fonder, AMF and Lannebo Fonder own approximately 17,2% of the total number of shares and votes in Intrum Justitia per 30 November 2016.
Intrum Justitia's board of directors has thereafter agreed with Nordic Capital to adjust the exchange ratio for the proposed combination between Intrum Justitia and Lindorff, in accordance with the agreement between Nordic Capital and SEB Fonder, AMF and Lannebo Fonder. According to the agreement, Intrum Justitia's current shareholders will receive 55% of the shares of the combined entity, compared to 53% which was announced on 14 November 2016, which means an improvement for the current shareholders of Intrum Justitia.
The proposed combination between Intrum Justitia and Lindorff is subject to approval at an extraordinary general meeting of Intrum Justitia tomorrow, 14 December 2016. The board of directors of Intrum Justitia has decided to revise their initial proposal for tomorrow's Extraordinary General Meeting regarding the exchange ratio in accordance with the new agreement with Nordic Capital. No other changes to the proposal will be made.
The board of director's revised proposal is available on the company's website.
For further information, please contact:
Mikael Ericson, President & CEO
Tel: + 46 8 546 102 02
Erik Forsberg, CFO
Tel: + 46 8 546 102 02
CONTACT:
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