Inactive Instrument

Penneo A/S

Equities

PENNEO

DK0061283009

Visma has secured over 90 percent of the shares in Penneo - completes takeover bid

Published on 01/22/2025 at 08:53 am EST - Modified on 01/22/2025 at 08:54 am EST

Finwire - Translated by Marketscreener - See original

PENNEO A/S

-0.30%

IT group Visma has secured 91.52 percent of the shares in Danish technology company Penneo, thereby completing the offer. This is the preliminary outcome after the acceptance period has expired.

The takeover bid was presented at the end of November and entailed a premium of almost 110 percent.

Visma will initiate a compulsory redemption procedure for the remaining shares and work to delist the company from the Copenhagen Stock Exchange.

Latest news about Penneo A/S

25-03-10	Penneo A/S Reports Earnings Results for the Full Year Ended December 31, 2024	CI
25-02-05	Penneo Wins Bourse Approval to Delist from Nasdaq Copenhagen	MT
25-02-05	Nasdaq Copenhagen Accepts Penneo's Request For Delisting	RE
25-02-05	Visma Launches Compulsory Acquisition of Penneo Shares	MT
25-02-05	Penneo To Request Share Removal From Trading, Official Listing At Nasdaq Copenhagen	RE
25-02-04	Viking Venture Exits Penneo Stake	MT
25-02-03	Penneo Secures DKK15 Million via Capital Increase	MT
25-01-27	Visma Secures Acceptances from 91% of Penneo Shareholders, Plans Compulsory Acquisition	MT
25-01-23	Penneo A/S(CPSE:PENNEO) dropped from OMX Nordic Small Cap Index	CI
25-01-23	Penneo A/S(CPSE:PENNEO) dropped from OMX Nordic All-Share Index	CI
25-01-22	Visma Concludes Penneo Takeover Bid, Plans Delisting	MT
25-01-22	Visma has secured over 90 percent of the shares in Penneo - completes takeover bid	FW
25-01-20	Visma Danmark Holding A/S completed the acquisition of 96.49% stake in Penneo A/S from group of sellers.	CI
25-01-20	Visma Danmark Holding A/S completed the acquisition of 96.49% stake in Penneo A/S from group of sellers.	CI
25-01-08	Danish Competition Authority Clears Visma Unit's Bid for Penneo	MT

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Company Profile

PENNEO A/S is a Denmark-based software producer. The Company helps to manage and automate signing processes. Penneo A/S provides support in terms of workflows, compliance, security and storage and gives opportunity to sign utilizing any national e-ID system (BankID, NemID etc.) or draw own signature with finger or computer mouse. The Company operates in Denmark.

Employees

103

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