Offer to acquire
20. March 2024

EG Sverige AB controls 87.72 per cent of all outstanding shares in Mestro AB

EG A/S, CVR no. 40 40 60 93, through its indirectly wholly owned subsidiary EG Sverige AB, reg. no 556164-5648 (the “Bidder”) announced on 9 February 2024 a recommended public offer (the ”Offer”) to the shareholders of Mestro AB (publ), reg. no 556679-4649 (“Mestro”) to tender all their shares in Mestro at a price of SEK 18 in cash per share. The Bidder has entered into agreements to acquire a total of 5,416,374 shares in Mestro, corresponding to approximately 53 per cent of all shares and votes in Mestro at a price of SEK 20 per share. The Bidder thus increased the consideration in the Offer to SEK 20 per share and published a supplement (the “Supplement”) to the offer document 19 February 2024. At the end of the extended acceptance period that expired on 20 March 2024, the Offer has been accepted by shareholders of 3,548,864 number of shares in Mestro which together with the shares in Mestro that the Bidder has agreed to acquire, represent approximately 87.72 per cent of all outstanding shares and votes in Mestro. As all conditions for completion of the Offer have been fulfilled or waived, the Bidder has decided to declare the Offer unconditional, to complete the Offer and to extend the acceptance period in the Offer up to and including 3 April 2024 to enable more acceptances to be submitted in the Offer.

 

Read the press release here