|Company announcement |
Company Registration no. 37427497
11 October 2016
Major shareholder announcement
With reference to the major shareholder notification published in company announcement no. 11/2016 dated 23 September 2016 and with reference to the contemplated reorganisation as described in the offering circular published by Nets A/S ("Nets") on 13 September 2016 in the section "Reorganisation", Nets hereby announces the following notification received from AI Toscana (Luxembourg) Holding S.à r.l. pursuant to section 29 of the Danish Securities Trading Act regarding the indirect control of AB Toscana (Luxembourg) Investment S.à r.l.'s holding of shares in Nets.
AI Toscana (Luxembourg) Holding S.à r.l. has, as envisioned in the offering circular published by Nets on 13 September 2016 in the section "Reorganisation", received the shares in AB Toscana (Luxembourg) Holding S.à r.l. held by certain funds managed by Advent International Corporation (the "Advent Funds") through a share exchange and thereby become an indirect shareholder in Nets. The indirect shareholding of the Advent Funds in Nets remains unchanged. On the basis of a shareholders' agreement, AI Toscana (Luxembourg) Holding S.à r.l. together with certain Bain Capital Funds jointly control 65,194,556 shares of a nominal value of DKK 1 each, corresponding to 32.5% of the total share capital and voting rights shares in Nets A/S held by AB Toscana (Luxembourg) Investment S.à r.l., which is controlled by AB Toscana (Luxembourg) Holding S.à r.l. If the overallotment option of up to 14,821,628 shares in Nets, which was granted in connection with the IPO of Nets is not exercised in full, shares corresponding to the unexercised part of such overallotment option will be redelivered to AB Toscana (Luxembourg) Investment S.à r.l. on a pro rata basis to its lending of shares to Deutsche Bank AG, London Branch.
AI Toscana (Luxembourg) Holding S.à r.l. is a limited liability company (société à responsabilité limitée) organised under the laws of Luxembourg with registration number B204128 with its registered office at 2-4 rue Beck, L-1222 Luxembourg, Grand Duchy of Luxembourg. AI Toscana (Luxembourg) Holding S.à r.l. is controlled by the Advent Funds.
For additional information, please contact
Karsten Anker Petersen, Head of Group Communications
Lars Oestmoe, Head of Investor Relations
+45 29 48 78 83
+47 913 47 177
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Nets A/S via Globenewswire