Nobina has applied for delisting of its shares from Nasdaq Stockholm

On 13 December 2021, Basalt[1], through Ride BidCo AB (“Ride BidCo”), announced a public offer to the shareholders of Nobina to transfer all their shares in Nobina to Ride BidCo at a price of SEK 108 in cash per share (the “Offer”). On 24 January 2022, Ride BidCo announced that shareholders representing a total of 92.8 per cent of all shares in Nobina (excluding the treasury shares held by Nobina) have accepted the Offer. In addition, Ride BidCo declared the Offer unconditional, meaning Ride BidCo will complete the acquisition of shares in Nobina tendered in the Offer. Ride BidCo has further extended the acceptance period to 8 February 2022 in order to provide remaining shareholders an opportunity to accept the Offer.

Ride BidCo has informed the board of directors of Nobina that Ride BidCo will initiate a compulsory buy-out of the shares in Nobina that are not tendered in the Offer and requested that the shares in Nobina are delisted from Nasdaq Stockholm.

Against this background, the board of directors of Nobina has applied for delisting of the shares in Nobina from Nasdaq Stockholm. Nobina will announce the last day of trading as soon as Nasdaq Stockholm has confirmed the date to Nobina.

Ride BidCo has also requested that the board of directors of Nobina convenes an extraordinary general meeting to, among other things, elect new board members of the company. A notice of the extraordinary general meeting will be published separately.

More information about the Offer is available at Ride BidCo’s website, www.offertoride.com. 

[1] Basalt Infrastructure Partners III A L.P., Basalt Infrastructure Partners III B L.P., Basalt Infrastructure Partners III C L.P. and Basalt Infrastructure Partners III D L.P., each acting through its general partner and manager Basalt Infrastructure Partners III GP Limited (“Basalt”).

Get the latest press releases

Press releases
Reports
Copyright Nobina 2022