Major shareholder announcement and process surrounding obligation to submit mandatory tender offer
Summary
3/2018, 8 June 2018 regarding Bumble Ventures majority shareholding in Better Collective A/S (Danish company registration number 27652913) (the ”Company”) hereby announces that it has received the following notification according to the Danish Capital Markets Act section 38 regarding the existing direct and indirect major shareholders’ holding of shares in the Company.Further, Bumble Ventures A/S has informed the Company that the redelivery of lent shares has resulted in Bumble Ventures increasing its shareholding to more than 1/3 of the total number of voting rights in the Company thereby triggering an obligation for Bumble Ventures A/S to submit a mandatory take-over offer for all shares in the Company in accordance with the Danish Capital Markets Act section 45.As a result hereof, Bumble Ventures A/S has today on behalf of itself and Better Partners ApS requested the Danish Financial Supervisory Authority (in Danish “Finanstilsynet”) for an exemption from the obligation to submit a mandatory take-over offer.The information was submitted for publication, through the agency of the contact persons set out above, at 9.00 a.m. CET on June 8, 2018.This includes bettingexpert.com , the trusted home of tips from expert tipsters and in depth betting theory, and SmartBets , the odds comparison platform made personal.
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