The decision from the European Commission regarding the notification filed pursuant to Regulation (EC) No. 139/2004 on the control of concentrations between undertakings, as further described in section 1.6 of the offer document, was published today. The European Commission does not oppose the Offer and declares it compatible with the internal market and with the EEA Agreement. Thus, all conditions for completion of the Offer have been met (except for the closing conditions in section 1.6 item (ii), (iv), (v), (vi) and (vii), which shall apply until closing).
In accordance with the terms and conditions set out in the offer document, settlement under the Offer will take place within 21 calendar days as from today, i.e. by 11 September 2018, subject to the fulfilment or waiver of the remaining closing conditions set out above.
Following settlement of the Offer, SRH Investco intends to initiate a compulsory acquisition of the remaining outstanding shares of Saferoad in accordance with applicable laws, and to propose that Saferoad applies for a delisting of its shares from Oslo Børs.
For questions regarding the Offer, please contact the receiving agent:
Tel: +47 22 00 93 60
1) FSN Capital GP V Limited acting in its capacity as general partner for and on behalf of each of FSN Capital V L.P., FSN Capital V (B) L.P. and FSN Capital V Invest L.P.