Danish State Set to Acquire Controlling Stake in Airports A/S
Copenhagen Airports A/S Notifies of Stake Transfer Process
Copenhagen Airports A/S has received a significant notice from ATP regarding the ongoing transfer of ATP’s controlling stake in the company to the Danish state. This announcement marks a substantial moment for the airport's ownership and management structure, indicating that the necessary conditions for this transfer are now fulfilled, paving the way for completion.
Expectations of a Mandatory Offer
With the conditions met, ATP anticipates that the Danish state will proceed to make a mandatory offer to other shareholders of Copenhagen Airports A/S. This offer is expected to adhere to the established guidelines set forth in Chapter 8 of the Danish Capital Markets Act. The anticipated timeline for this process suggests that the offer could arrive during the month of October, ensuring a smooth transition in ownership.
Offer Details and Next Steps
The specifics regarding the offer price will be delineated in the official offer document that the Danish state intends to publish. This transparency aims to keep shareholders informed and prepared for the forthcoming stages of the process. Copenhagen Airports A/S is committed to maintaining open lines of communication as it prepares for this transition.
Company’s Board of Directors Response
Upon receiving the mandatory offer, the board of directors of Copenhagen Airports A/S will analyze the proposal and respond accordingly, providing a statement to shareholders based on regulatory requirements. This statement will carry weight as it reflects the board's assessment of the offer and the interests of the company’s stakeholders.
Future Communication from ATP and the Danish State
Copenhagen Airports A/S is poised to issue additional information promptly upon receiving updates from ATP or the Danish state regarding any necessary actions. This proactive approach aims to ensure that all shareholders remain informed of developments throughout this significant transitional period.
Company Contact Information
For further inquiries, shareholders and interested parties can contact:
Lars Nørby Johansen
Chairman of the Board of Directors
Phone: +45 32312800
Email: cphpresse@cph.dk
Website: www.cph.dk
CVR no. 14 70 72 04
Frequently Asked Questions
What does the notice from ATP entail?
The notice indicates that the transfer conditions for ATP’s stake in Copenhagen Airports A/S to the Danish state have been met, allowing the process to move forward.
When is the mandatory offer expected?
ATP expects the Danish state to present a mandatory offer to remaining shareholders in October, in line with the Danish Capital Markets Act.
How will shareholders be informed about the offer price?
The offer price will be detailed in the official offer document to be published by the Danish state, ensuring all shareholders receive pertinent information.
What will the board of directors do upon receiving the offer?
Following the receipt of the mandatory offer, the board will evaluate it and release a statement reflecting their assessment and recommendations for the shareholders.
How can I get more information?
For further inquiries, please contact Lars Nørby Johansen, the Chairman of the Board, via the provided email or phone number.
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