Published June 7, 2023
Symrise AG (“Symrise”) announced on May 25, 2023 that Symrise had acquired an additional 2,300 shares in Swedencare AB (publ) (“Swedencare”) and that Symrise’s holdings in Swedencare then amounted to the equivalent of 30 percent of the number of shares and votes in Swedencare. The mandatory bid limit had thus been passed and Symrise announced its intention to submit a mandatory bid offer for the remaining shares in Swedencare within four weeks in accordance with the takeover rules for certain trading platforms.
On June 5, 2023, Symrise has published a mandatory tender offer to the shareholders of Swedencare at a price of SEK 37.50 in cash per share (the “Offer”).
For further information on the Offer, refer to Symrise’s publication of the Offer, which is available at: www.symrise.com/swedencare.
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