Nykredit announces final result of the takeover offer

Core Viewpoint - Nykredit has successfully completed its takeover offer for Spar Nord, acquiring a significant majority of shares and voting rights, and plans to initiate compulsory acquisition of remaining shares [3][4][6]. Group 1: Takeover Offer Details - The offer period for Nykredit's takeover of Spar Nord expired on 20 May 2025, with preliminary results announced on 21 May 2025 [2]. - Nykredit received acceptances for 72,169,763 Spar Nord shares, equating to 94.15% of the total share capital and voting rights, leading to a total holding of 96.54% post-offer [3]. - All relevant public authority approvals have been obtained, confirming that the minimum acceptance condition has been met [4]. Group 2: Completion and Settlement - The completion and settlement of the offer will occur as per the terms outlined in the offer document, with cash payments expected to be made to shareholders on 28 May 2025 [5]. - Following the completion of the offer, Nykredit will seek to initiate a compulsory acquisition of shares held by minority shareholders [6]. Group 3: Delisting Plans - Nykredit intends to request the delisting of Spar Nord shares from Nasdaq Copenhagen A/S after acquiring over 90% of the share capital and voting rights [7].