As resolved at Brødrene Hartmann A/S’ extraordinary general meeting held on
Pursuant to Nasdaq's Nordic Main Market Rulebook for Issuers of Shares, the delisting is conditional upon the shareholders of Brødrene Hartmann A/S being offered the ability to dispose of their shares for a period of at least four weeks, after which the shares will be cancelled from trading and official listing.
As previously announced, Brødrene Hartmann A/S' main shareholder, Thornico Food & Food Technology A/S (ultimately controlled by
The offer price of
The offer document will be published in the coming days in connection with the announcement of Thornico Food & Food Technology A/S' offer and will contain its detailed terms, including the process for acceptance of the offer, as well as description of the consequences for Hartmann shareholders who do not accept the offer. Further information regarding the expected last day of trading will be announced in connection with publication of the offer document.
The consequences of delisting from trading and official listing of Brødrene Hartmann A/S' shares from
- The opportunity for trading Hartmann's shares will be significantly reduced since the shares will no longer be listed on any trading venue. The company will not establish agreements with another trading venue for shareholders' sales or purchases of shares in the company, and there will likely be limited options for selling or buying shares, except through agreements that may be made with other investors or shareholders outside of a trading platform.
- The company will no longer be subject to disclosure obligations and other rules applicable to issuers of publicly traded securities, and the company will communicate with its shareholders solely in accordance with the Danish Companies Act.
- The shares will cease to be publicly traded, which may have negative consequences for the shareholders' tax treatment of the shares, as well as implications for ownership through share savings accounts (in Danish: "aktiesparekonti") or pension funds.
Brødrene Hartmann A/S
Contacts
Kamilla Hoffmann , Head of Legal, Brødrene Hartmann A/S, +45 27282856, kho@hartmann-packaging.com
About Brødrene Hartmann A/S
Hartmann is the world’s leading manufacturer of moulded-fibre egg packaging and a market-leading manufacturer of fruit packaging in
Attachments
- Announcement of Nasdaq acceptance of request for delisting.pdf
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