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Axactor SE (AXA) NOK0.5234232

Sell:10.12 NOK Buy:10.14 NOK Change: No change
Prices delayed by at least 15 minutes | Switch to live prices |
Takeover

Axactor SE NOK0.5234232

Type:
Takeover
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 23 Feb 2021)

What is happening?

 

The Board of Axactor SE has announced the terms of a Mandatory Offer by Geveran Trading Co. Ltd to acquire all the Shares in Axactor SE. This is because, due to the issuance of the Consideration Shares to Geveran resulted in Geveran’s ownership increasing from 32.95% to 44.31%, triggering a mandatory offer for Geveran to purchase the remaining shares in the Company in accordance with the Securities trading act. Please read the full details below regarding your options.

 

Under the terms of the Offer holders of Axactor SE Shares have been offered NOK8.00 for each Share held.

 

What are my options?

 

Option 1 – Do nothing. You are not required to take any action at this time. Please note that if the takeover by Geveran Trading Co. Ltd is successful the company may gain the ability to delist Axactor SE or compulsorily acquire your shares.

 

Option 2 – Accept the Offer. You can give an instruction to accept the Offer of NOK8.00 for each Axactor SE Share held. Following receipt of your instruction your Shares would be submitted in acceptance of the Offer. Please note the Offer price is below the current Share price.

 

The Hargreaves Lansdown client deadline for this offer is 4.30pm on Wednesday 24 February 2021.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by email. Please note that any instruction you give must be based on the full details provided in the email and not on the summary information outlined above.

×
Sell:10.12 NOK
Buy:10.14 NOK
Change: No change
Prices delayed by at least 15 minutes | Switch to live prices |
Takeover

Axactor SE NOK0.5234232

Type:
Takeover
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 23 Feb 2021)

What is happening?

 

The Board of Axactor SE has announced the terms of a Mandatory Offer by Geveran Trading Co. Ltd to acquire all the Shares in Axactor SE. This is because, due to the issuance of the Consideration Shares to Geveran resulted in Geveran’s ownership increasing from 32.95% to 44.31%, triggering a mandatory offer for Geveran to purchase the remaining shares in the Company in accordance with the Securities trading act. Please read the full details below regarding your options.

 

Under the terms of the Offer holders of Axactor SE Shares have been offered NOK8.00 for each Share held.

 

What are my options?

 

Option 1 – Do nothing. You are not required to take any action at this time. Please note that if the takeover by Geveran Trading Co. Ltd is successful the company may gain the ability to delist Axactor SE or compulsorily acquire your shares.

 

Option 2 – Accept the Offer. You can give an instruction to accept the Offer of NOK8.00 for each Axactor SE Share held. Following receipt of your instruction your Shares would be submitted in acceptance of the Offer. Please note the Offer price is below the current Share price.

 

The Hargreaves Lansdown client deadline for this offer is 4.30pm on Wednesday 24 February 2021.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by email. Please note that any instruction you give must be based on the full details provided in the email and not on the summary information outlined above.

×
Sell:10.12 NOK
Buy:10.14 NOK
Change: No change
Prices delayed by at least 15 minutes | Switch to live prices |
Takeover

Axactor SE NOK0.5234232

Type:
Takeover
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 23 Feb 2021)

What is happening?

 

The Board of Axactor SE has announced the terms of a Mandatory Offer by Geveran Trading Co. Ltd to acquire all the Shares in Axactor SE. This is because, due to the issuance of the Consideration Shares to Geveran resulted in Geveran’s ownership increasing from 32.95% to 44.31%, triggering a mandatory offer for Geveran to purchase the remaining shares in the Company in accordance with the Securities trading act. Please read the full details below regarding your options.

 

Under the terms of the Offer holders of Axactor SE Shares have been offered NOK8.00 for each Share held.

 

What are my options?

 

Option 1 – Do nothing. You are not required to take any action at this time. Please note that if the takeover by Geveran Trading Co. Ltd is successful the company may gain the ability to delist Axactor SE or compulsorily acquire your shares.

 

Option 2 – Accept the Offer. You can give an instruction to accept the Offer of NOK8.00 for each Axactor SE Share held. Following receipt of your instruction your Shares would be submitted in acceptance of the Offer. Please note the Offer price is below the current Share price.

 

The Hargreaves Lansdown client deadline for this offer is 4.30pm on Wednesday 24 February 2021.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by email. Please note that any instruction you give must be based on the full details provided in the email and not on the summary information outlined above.

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Open:
n/a
Trade high:
10.43 NOK
Year high:
11.00 NOK
Market capitalisation
Market cap.
:
3.05 bn NOK
Previous close:
n/a
Trade low:
10.00 NOK
Year low:
5.25 NOK
Shares in issue
Shares
:
185.40 m
Previous:
0.00 NOK (0.00%)
Previous:
0.00 NOK
Volume:
n/a
Dividend yield:
n/a
Currency:
NOK
Data delayed by at least 15 minutes.

Fundamental data

Year ending: 31/12/2011 31/12/2010
Revenue (SEKm) 5.85 29.91
Profit before tax (SEKm) (235.57) (553.23)
Adjusted EPS (SEK): (0.06) (0.35)
P/E ratio n/a n/a
PEG n/a n/a
EPS growth (%) n/a n/a
Total dividend (SEK): 0.00 0.00
Dividend yield (%): 0.00 0.00
Dividend cover: n/a n/a

Values are quoted in the stock's local currency: Swedish Krona

All fundamental data

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Important Documents

There are no documents available for this stock.

Dividend information for this stock is not available.

Dividend information for this stock is not available.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Reuters. Charts provided by Factset. 'Broker forecast' and 'Recent trades' provided by MoneyAM. News and fundamental data provided by Digital Look. Exchange disclaimer

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The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.