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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Salem Media Group Inc | NASDAQ:SALM | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.2609 | 0.2501 | 0.2711 | 0 | 01:00:00 |
SalMar ASA commences cash offer to acquire the remaining shares in Arnarlax AS
NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL
Reference is made to the stock exchange notices dated 14 February 2019 and 19 February 2019 in relation to SalMar ASA's acquisition of shares in Arnarlax AS. As a consequence of said acquisition, SalMar ASA triggered a mandatory offer clause in the shareholder's agreement for Arnarlax AS, and will as a result put forward a cash offer for all the remaining shares in Arnarlax AS (the "Offer").
The offer period under SalMar ASA's offer to acquire the remaining shares in Arnarlax AS will commence on 13 March 2019 and will end at 18:00 CET on 10 April 2019 (subject to extension). The offer price is NOK 55.783 per share and the Offer is unconditional.
The offer document, containing the complete terms and conditions of the Offer has today been distributed to registered shareholders of Arnarlax AS, subject to restrictions under applicable securities laws.
DNB Markets is acting as financial advisor and receiving agent in connection with the Offer.
For further information, please contact:
DNB Markets
Telephone: 23 26 81 01
E-mail: markets.ibd@dnb.no
Important Notice:
The offer and the distribution of this announcement and other information in connection with the offer may be restricted by law in certain jurisdictions. SalMar ASA assumes no responsibility in the event there is a violation by any person of such restrictions. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions.
THE OFFER WILL NOT BE MADE IN ANY JURISDICTION IN WHICH MAKING OF THE OFFER WOULD NOT BE IN COMPLIANCE WITH THE LAWS OF SUCH JURISDICITON. THIS ANNOUNCEMENT DOES NOT IN ITSELF CONSTITUTE AND OFFER. THE OFFER WILL ONLY BE MADE ON THE BASIS OF THE OFFER DOCUMENT AND CAN ONLY BE ACCEPTED PURSUANT TO THE TERMS OF SUCH DOCUMENT
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
1 Year Salem Media Chart |
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