Nykredit announces preliminary result of the takeover offer

Core Viewpoint - Nykredit has announced the preliminary results of its all-cash voluntary takeover offer for Spar Nord, indicating a significant level of acceptance from shareholders [1][5]. Group 1: Offer Details - The offer period for Nykredit's takeover of Spar Nord expired on 20 May 2025 at 23:59 (CEST) [2]. - Nykredit received acceptances for 72,169,403 Spar Nord shares, representing 61.32% of the share capital and voting rights in Spar Nord [3]. - Including Nykredit's existing shares, the total ownership rises to 96.54% of Spar Nord's share capital and voting rights, excluding treasury shares [3]. Group 2: Conditions and Approvals - All relevant public authority approvals have been obtained, and the minimum condition for acceptance has been fulfilled [5]. - Nykredit considers all conditions for the completion of the offer to be met, indicating that the offer is finalized [5]. Group 3: Future Actions - The final result of the offer is expected to be announced on 23 May 2025 [6]. - Nykredit plans to initiate a compulsory acquisition of Spar Nord shares held by remaining minority shareholders, as it will hold more than 90% of the share capital and voting rights post-offer [7]. - Nykredit will also request the delisting of Spar Nord shares from Nasdaq Copenhagen A/S following the completion of the offer [8].