STOCKHOLM, Sweden, Jan 31, 2017 /PRNewswire/ --
The Offer is not being made, and this press release may not be distributed, directly or indirectly, in or into, nor will any tender of shares be accepted from or on behalf of holders in, Australia, Hong Kong, Japan, Canada, New Zealand, South Africa or the United States of America, or any other jurisdiction in which the making of the Offer, the distribution of this press release or the acceptance of any tender of shares would contravene applicable laws or regulations or require further offer documents, filings or other measures in addition to those required under Swedish law.
On 21 December 2016, Altor AB announced a recommended cash offer to the shareholders of Transcom WorldWide AB ("Transcom") to tender all their shares in Transcom to Altor AB (the "Offer").
On 22 December 2016, Altor AB announced that SEB SICAV 2 – SEB Listed Private Equity Fund and SEB Alternative Strategies SICAV – SEB Industrial Opportunities (together the "SEB funds"), that are two of the shareholders of Transcom that have undertaken to accept the Offer subject to certain conditions, because of an operational mistake had reduced their total holding in Transcom from approximately 13.0% of the shares and votes in Transcom to below 10% of the shares and votes in Transcom.
SEB Investment Management AB, that manages the SEB funds, has informed Altor AB that the SEB funds now have restored their holding of 3,419,240 shares in Transcom.
For questions, please contact:
Head of Communications, Altor Equity Partners
Phone: +46 70 543 87 47
Information about the Offer is made available at: www.altor.com/transcomoffer.
Altor AB discloses the information provided herein pursuant to the Takeover Rules. The information was submitted for publication on 31 January 2017, 05.00 p.m. CET.
This information was brought to you by Cision http://news.cision.com
The following files are available for download: