S.D. Standard ETC Plc (OB:SDSD) made an offer to acquire a 22.88% stake in Northern Supply AS on June 13, 2022. S.D. Standard ETC Plc is offering two alternative forms of settlement for Northern Supply shares, a cash offer of NOK 280.90 per share in Northern Supply, and an offer with settlement in shares in Standard Supply at an exchange rate of 62.95 shares in Standard Supply for every share in Northern Supply, or a combination of both alternatives. As a result of transaction, Standard Supply AS will increase its stake to 51% in Northern Supply AS.The Offer is made as of June 13, 2022 and will expire on June 15, 2022.