OFFER DOCUMENT MADE PUBLIC IN RELATION TO EQT V’s RECOMMENDED CASH OFFER OF SEK 190 PER SHARE IN ACADEMEDIA
EQT V Limited (”EQT V”), through Svensk Utbildning Intressenter Holding AB (”Svensk Utbildning Intressenter”), announced on 28 April 2010 a recommended offer (“the Offer”) to acquire all the shares in AcadeMedia AB (”AcadeMedia”) for SEK 190 in cash per share.
The offer document regarding Svensk Utbildning Intressenter’s offer was made public today.
Both a Swedish and an English version of the offer document are available at www.eqt.se and www.nordea.se/placera. The offer document will be distributed to shareholders whose shares were directly registered with Euroclear Sweden AB on 5 May 2010.
The acceptance period under the Offer begins on 7 May 2010 and ends on 28 May 2010.
Settlement is expected on or about 4 June 2010. Svensk Utbildning Intressenter reserves the right to extend the acceptance period for the Offer, as well as the right to postpone the settlement date.
Nordea Markets is acting as financial advisor and Hannes Snellman Advokatbyrå as legal advisor to EQT V and Svensk Utbildning Intressenter in connection with the Offer.
For questions, please contact:
Harry Klagsbrun, Senior Partner, EQT Partners
+46 (0) 8-505 55 300
Johan Hähnel, PR & Communication
+46 (0) 706-05 63 34
For additional information about the Offer visit www.eqt.se or contact Nordea on +46 (0) 8-21 27 67.
The information in this press release was made public on 6 May 2010 at 10:00am (CET).
The Offer is not being made to persons whose participation in the Offer requires that any additional offer document is prepared or registration effected or that any other measures are taken in addition to those required under Swedish law. This press release and any documentation relating to the Offer are not being distributed and must not be mailed or otherwise distributed or sent in or into any country in which the distribution or offering would require any such additional measures to be taken or would be in conflict with any law or regulation in such country – any such action will not be permitted or sanctioned by Svensk Utbildning Intressenter Holding. Any purported acceptance of the Offer resulting directly or indirectly from a violation of these restrictions may be disregarded.
The Offer is not being made, directly or indirectly, in or into Australia, Canada, Japan, New Zealand, South Africa, Switzerland or the United States of America by use of mail or any other means or instrumentality (including, without limitation, facsimile transmission, electronic mail, telex, telephone and the Internet) of interstate or foreign commerce, or of any facility of national security exchange, of Australia, Canada, Japan, New Zealand, South Africa, Switzerland or the United States of America, and the Offer cannot be accepted by any such use, means, instrumentality or facility of, or from within, Australia, Canada, Japan, New Zealand, South Africa, Switzerland or the United States of America. Accordingly, this press release and any documentation relating to the Offer are not being and should not be mailed or otherwise distributed, forwarded or sent into Australia, Canada, Japan, New Zealand, South Africa, Switzerland or the United States of America. Svensk Utbildning Intressenter will not deliver any consideration from the Offer into Australia, Canada, Japan, New Zealand, South Africa, Switzerland or the United States of America.
Statements in this press release relating to future status or circumstances, including statements regarding future performance, growth and other trend projections and the other benefits of the Offer, are forward-looking statements. These statements may generally, but not always, be identified by the use of words such as “anticipates”, “intends”, “expects”, “believes”, or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of Svensk Utbildning Intressenter and AcadeMedia, including the effect of changes in general economic conditions, the level of interest rates, fluctuations in product demand, competition, technological change, employee relations, planning and property regulations, natural disasters and the potential need for increased capital expenditure (such as that resulting from increased demand, new business opportunities and deployment of new technologies).