FCG Holding Sverige AB completed the acquisition of Transcendent Group AB (OM:TRG) from Martin Malm, Magnus Juvas and Lars Vold-Andersen and other shareholders
Mats Lindqvist of Deloitte AB, Financial Advisory Arm acted as fairness opinion provider and KANTER Advokatbyrå KB acted as legal advisor to Transcendent. Jesper Schönbeck, Sofie Bjärtun, Jonas Bergström and Johan Wahlbom of Advokatfirman Vinge KB acted as a legal adviser to FCG Holding Sverige.
FCG Holding Sverige AB completed the acquisition of Transcendent Group AB (publ) (OM:TRG) from Martin Malm, Magnus Juvas and Lars Vold-Andersen and other shareholders on July 11, 2022. FCG Holding Sverige AB who after the settlement of the public tender offer will own over 90 percent of the shares and votes in Transcendent Group AB has informed the Board of Directors that FCG intends to initiate compulsory redemption of the remaining shares in Transcendent Group. Transcendent Group has resolved to apply for delisting of the Transcendent Group share from Nasdaq First North Premier Growth Market. the Board of Directors for Transcendent Group has also decided to convene an extraordinary general meeting to be held on August 5, 2022 in order to inter alia elect a new Board of Directors. On July 20, 2022, Transcendent Group AB has initiated compulsory redemption of the remaining shares in Transcendent Group. The last day of trading will be August 5, 2022. Transcendent Group AB (publ) has resolved to postpone the Extraordinary General Meeting to be held on August 5, 2022 to August 29, 2022.