businesspress24.com - Over 80% acceptance regarding offer from Kaupthing
 

Over 80% acceptance regarding offer from Kaupthing

ID: 1011162

(Thomson Reuters ONE) -


Reference is made to the stock exchange notice as of February 11th 2010
regarding Kaupthing Bank hf.'s offer to Acta's clients. Kaupthing has as of
March 10th, which is the deadline for accepting the offer, received acceptances
from over 80 per cent of the affected clients. Clients who have accepted the
offer have borrowed approximately SEK 1 billion from Kaupthing of loans
totaling  approximately SEK 1.2 billion. As a result of acceptance of the offer,
these clients will pay a total of  approximately SEK 600 million to Kaupthing.

-An overwhelming majority of clients affected has already accepted the offer,
but in respect of the clients who has expressed their concern regarding whether
their acceptance has made it in time or not, Kaupthing has in dialog with Acta
decided to prolong the deadline to March 15th," says Geir Inge Solberg, CEO in
Acta.

Please see www.votm.se for further information regarding the offer.

Contact details:
Rune Wangsmo, Director Public Relations, +47 99 54 15 07
Geir Inge Solberg, CEO, +47 90 87 80 43

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


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RUNE FINNE ASSUMES CEO POSITION ALSO IN ELTEK VALERE AS
Bereitgestellt von Benutzer: hugin
Datum: 10.03.2010 - 08:10 Uhr
Sprache: Deutsch
News-ID 1011162
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"Over 80% acceptance regarding offer from Kaupthing
"
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