Announcement View
Company Nordic Fibreboard AS
Type Company Release
Category Other corporate action
Publicize date 25 Apr 2024 17:19:44 +0300
Languages
Kell English
Currency
Title Nordic Fibreboard AS notification of voluntary takeover offer
Content
A   shareholder   of  Nordic  Fibreboard  AS  ("NFB"),  NFB  Pärnu  Holdings  OÜ
("Offeror"),  has  on  25 April  2024 announced  a  voluntary takeover offer for
acquisition  of all shares  of NFB not  yet belonging to  the Offeror or persons
associated  with  the  Offeror  with  the  purchase price of EUR 0.944 per share
("Purchase  Price") on terms and conditions set out in the takeover offer. As of
the  date of this notice, the Offeror  owns 1,750,135 NFB shares that amounts to
38.9% of  all NFB shares. In addition, the  beneficial owner and holder of 100%
shareholding  (directly  50% and  indirectly  50%) of  the Offeror, Joakim Johan
Helenius, owns directly 40,000 and indirectly 421,320 NFB shares i.e. altogether
2,211,455 NFB shares that amounts to 49.15% of all NFB shares.

The  period for  accepting the  offer commenced  at 10:00 (Estonian time) on 25
April 2024 and will last until 16:00 (Estonian time) on 23 May 2024.

Shareholders  wishing to  accept the  offer must  act according to the procedure
specified  in the  takeover prospectus  and accept  the offer via its securities
account operator by 16:00 on 23 May 2024 at the latest. The Purchase Price shall
be  paid in cash  and the shares  shall be transferred  to the Offeror on 27 May
2024.

The  specific conditions of the takeover offer are set out in the prospectus and
notice              of              the              takeover              offer
(https://view.news.eu.nasdaq.com/view?id=bb9d360d5be264772696c2af7162d6e28&lang=
en).

Enel Äkke
Nordic Fibreboard AS
Member of Management Board
enel.akke@nordicfibreboard.com (mailto:enel.akke@nordicfibreboard.com)