CSC and Intertrust have obtained Regulatory Clearance in Singapore
JOINT PRESS RELEASE
This is a joint press release by Intertrust N.V. ("Intertrust" or the "Company") and CSC (Netherlands) Holdings B.V. ("CSC" or the "Offeror") in connection with the recommended public offer (the "Offer") by the Offeror for all the issued and outstanding ordinary shares in the capital of Intertrust. This announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in Intertrust. Any offer will be made only by means of the offer memorandum (the "Offer Memorandum") approved by the Dutch Authority for Financial Markets (Stichting Autoriteit Financiële Markten, the "AFM") which was published on 31 March 2022, and subject to the restrictions set forth therein. With reference to the joint press releases of 6 December 2021, 31 March 2022, 30 May 2022, 21 July 2022, and the Intertrust press release of 31 May 2022, the Offer is subject to the satisfaction or waiver of the offer conditions, all in accordance with the terms of the merger agreement (the "Merger Agreement") between Intertrust and Corporation Service Company as executed on 6 December 2021 and the Offer Memorandum (the "Offer Conditions"). The offer price of EUR 20.00 per Share (the "Offer Price") is "cum dividend". This announcement is not for release, publication or distribution, in whole or in part, in or into, directly or indirectly, Canada and Japan or any other jurisdiction in which such release, publication or distribution would be unlawful. Capitalised terms used herein but not defined in this press release will have the meaning as ascribed thereto in the Offer.
CSC and Intertrust have obtained Regulatory Clearance in Singapore
Wilmington, Delaware, USA / Amsterdam, the Netherlands – 19 August 2022 – CSC and Intertrust hereby jointly announce that Regulatory Clearance has been obtained in Singapore.
Reference is made to the joint press release issued by CSC and Intertrust on 31 March 2022 in respect of the publication of the Offer Memorandum for the recommended all-cash public offer by the Offeror for all issued and outstanding shares in the capital of Intertrust at an offer price of EUR 20.00 (cum dividend), on the terms and subject to the conditions and restrictions set forth in the Offer Memorandum, and the joint press release issued by CSC and Intertrust on 21 July 2022 in relation to the further extension of the extended Offer Period, pursuant to an exemption granted by the AFM on 21 July 2022, until the earlier of (i) the date on which all Regulatory Clearances have been obtained or waived, plus a period of two weeks, or (ii) 6 December 2022, at 17:40 CET.
Regulatory Clearances status
Together with the Regulatory Clearances obtained in the British Virgin Islands, Curaçao, Guernsey, Hong Kong, Jersey, the United Arab Emirates and the United Kingdom, CSC and Intertrust have now obtained Regulatory Clearances in 8 of the required 13 jurisdictions. CSC and Intertrust continue to work constructively to satisfy all Offer Conditions.
At the date of this press release, CSC and Intertrust have not yet received Regulatory Clearances in the following jurisdictions: the Bahamas, the Cayman Islands, Ireland, Luxembourg, and the Netherlands. At this time, CSC and Intertrust continue to anticipate that the Offer will close in the second half of 2022.
CSC and Intertrust will make a public announcement (i) promptly following the receipt of each remaining Regulatory Clearance, (ii) if and when the Offer Condition with respect to the Regulatory Clearances is satisfied, waived or has become incapable of being satisfied, or (iii) as otherwise required by applicable law. The announcement that the Offer Condition with respect to the Regulatory Clearances would have been satisfied or waived, if made, will include the end date of the Offer Period, which will be two weeks following the date such Offer Condition is fulfilled, subject to the end date of 6 December 2022, at 17:40 CET.
AttachmentTo view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Mohawk Industries, Inc. Invites You to Join the Third Quarter 2022 Earnings Conference Call5.10.2022 22:01:23 CEST | Press release
CALHOUN, Ga., Oct. 05, 2022 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) Third Quarter 2022 earnings release on Thursday October 27, 2022, you are invited to listen to the conference call that will be broadcast live on Friday October 28, 2022 at 11:00 am ET. What:Mohawk Industries, Inc. 3rd Quarter 2022 Earnings CallWhen:October 28, 202211:00 am ETWhere:www.mohawkind.comSelect Investor InformationHow:Live over the Internet – Simply log on to the web at the address above orRegister for the conference call at https://dpregister.com/sreg/10171853/f4b0080751Live Conference Call:Dial 1-833-630-1962 (US/Canada)Dial 1-412-317-1843 (Int’l) Mohawk Industries is the leading global flooring manufacturer that creates products to enhance residential and commercial spaces around the world. Mohawk’s vertically integrated manufacturing and distribution processes provide competitive advantages in the production of carpet, rugs, ceramic tile, laminate, wood, stone and viny
REPURCHASE OF SHARES5.10.2022 20:00:00 CEST | Press release
REPURCHASE OF SHARES Amsterdam, the Netherlands - Flow Traders N.V. (“Flow Traders”) (Euronext: FLOW) has repurchased 54,950of its own shares in the period from 29September 2022 up to and including 5October 2022 at an average price of €19.28. This is in accordance with the share buyback programme announced on 22 July 2022. The consideration of this purchase was €1.1 million. The total number of shares purchased under this programme to date is 337,152 shares at an average price of €19.43 for a total consideration of €6.6 million. 3,127,247 shares were held in treasury as at 5 October 2022. Contact Details Flow Traders N.V. Jonathan Berger / Investor Relations Officer Phone: +31 20 7996799 Email: email@example.com About Flow Traders Flow Traders is a leading global financial technology-enabled liquidity provider in financial products, historically specialized in Exchange Traded Products (ETPs), now expanding into other asset classes. Flow Traders ensures the provision of
Dovre's Suvic Oy has signed a contract for the foundation construction of two new wind farms5.10.2022 17:00:00 CEST | Press release
Dovre Group Plc Press release October 5, 2022 at 6 pm Dovre's Suvic Oy has signed a contract for the foundation construction of two new wind farms Suvic has signed a design and construction agreement for constructing the foundations for two new wind farms in Ostrobothnia in the municipality of Ii. The new wind farms will be called Isokangas and Palokangas. The design work will start by the end of 2022 and the construction work will commence in the spring of 2023. The owner of the project is Exilion Tuuli, which is an investment company owned by Elo, The State Pension Fund of Finland and Veritas. Isokangas and Palokangas will together have 17 windmills with a total capacity of 100 MW. "We are very happy to start cooperation with a new Finnish customer Exilion Oy", states Suvic Oy's CEO and Chairman of the Board Mr. Ville Vesanen. Additional information: Suvic Oy Ville Vesanen CEO Tel. +358 44 328 9928 firstname.lastname@example.org, www.suvic.fi Suvic Oy is a Finnish construction company founded in 2017
Evaxion welcomes Per Norlén as new CEO.5.10.2022 14:32:40 CEST | Press release
COPENHAGEN, Denmark, Oct. 05, 2022 (GLOBE NEWSWIRE) -- Evaxion Biotech A/S (NASDAQ: EVAX) (“Evaxion” or the “Company”), a clinical-stage biotechnology company specializing in the development of AI-driven immunotherapies, announces that its new Chief Executive Officer (CEO) Per Norlén has joined the company on October 3rd. Dr. Norlén is a board-certified physician and associate professor with more than 20 years in the biotech sector, of which the last decade has been in executive leadership roles. He brings a wealth of experience from being CEO of listed drug development companies. He has a proven business development track record, including major out-licensing deals with biotech and Pharma. “Evaxion has emerged from being an under-the-radar start-up to becoming a clinical stage biotech company leading the development of tailored cancer immunotherapies, individually designed for each patient. I am convinced that Evaxion is on to something extremely important that holds the potential to
UPM inaugurates its new deep sea pulp terminal in the Port of Montevideo5.10.2022 14:00:00 CEST | Press release
(UPM, Helsinki, 5 October 2022 at 15:00 EEST) – UPM inaugurates today its new pulp terminal in the port of Montevideo, Uruguay. This investment of approximately USD 280 million is a fundamental part of UPM’s USD 3.47 billion growth investment in Uruguay that includes a state-of-the-art pulp mill in Paso de los Toros, new eucalyptus tree nursery as well as local community investments in Paso de los Toros. “This is a significant milestone in our growth project in Uruguay. The new pulp terminal with direct connections from the new pulp mill and to the global markets plays a key role in the growth and competitiveness of UPM’s pulp business,” says UPM President and CEO JussiPesonen. “The public infrastructure investments to the deep sea port and railway improve the competitiveness of all export sectors in Uruguay.” The new pulp terminal is located in the newly developed deep sea port in Montevideo, and it will have a direct rail connection to the new UPM Paso de los Toros mill. In the futur