Intressenter, a company owned by the investors EQT, SakI AB, Melker Schorling AB and Investment AB Latour, is offering SEK26 per share, which represents a 25% premium compared to the closing price on 12 November.
hereby announces that the company through continuous acquisitions of shares in Securitas Direct AB has reached an ownership of more than 90 percent.
8 billion total expenditure is being invested by ESML
for the project.
For shareholders who have accepted ESML
Intressenter's Offer during the last extension period, settlement will be initiated on or about 3 April 2008.
s President and CEO, Madhu Vuppuluri, commented:
On 5 February 2008, ESML
Intressenter AB ("ESML
Intressenter") announced an increased Offer to the shareholders and holders of warrants in Securitas Direct AB (publ) ("Securitas Direct") to tender their shares in Securitas Direct to ESML
Intressenter for SEK 27.
Intressenter has so far reached an acceptance level of 73.
The addendum has been prepared since ESML
Intressenter in a press release dated 5 February 2008 announced an increase of the offer price and because the Independent Committee of the board of directors of Securitas Direct in a press release dated the same day recommended shareholders and holders of warrants to accept the increased offer from ESML
8 per cent of voting rights including shares controlled by ESML
Intressenter and Securitas Direct's Independent Committee are currently pursuing discussions regarding the terms of the extended Offer.
STOCKHOLM, Sweden -- ESML
Intressenter AB has received the necessary clearances from relevant competition authorities regarding the offer to the shareholders in Securitas Direct AB (publ), which was announced on November 13, 2007.
STOCKHOLM, Sweden -- With reference to the ongoing competition clearance procedure which is expected to be finalized on or before 31 January 2008, ESML
Intressenter AB hereby extends the acceptance period in the cash offer to the shareholders and holders of warrants of Securitas Direct AB (publ) until 16.