Summary of the Offer:
- Teniralc offers
SEK 65 in cash per share inCary Group (the “Offer Price ”). - The Offer values the total number of shares in
Cary Group to approximatelySEK 8,570 million . The total value of the Offer, based on the 92,288,403 outstanding shares inCary Group , which are not directly or indirectly owned by Teniralc, CVC Funds orNordic Capital or their respective closely related parties, amounts to approximatelySEK 5,999 million . - The
Offer Price represents a premium of 60 percent compared to the closing price ofSEK 40.6 for theCary Group share on Nasdaq Stockholm on28 June 2022 (which was the last trading day prior to the announcement of the Offer), 44 percent compared to the volume-weighted average trading price ofSEK 45.2 for theCary Group share on Nasdaq Stockholm during the last 10 trading days prior to the announcement of the Offer and 23 percent compared to the volume-weighted average trading price ofSEK 52.9 for theCary Group share on Nasdaq Stockholm during the last 30 trading days prior to the announcement of the Offer. - For further information about the Offer, please see: www.carcare-offer.com.
The Board of Directors of
The independent bid committee will, in accordance with the regulations, announce its opinion regarding the Offer no later than two weeks prior to the expiry of the acceptance period.
For more information, please contact:
Tel.: +46 708 684 050
Email: helene.gustafsson@carygroup.com
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