Nets A/S has applied for admittance to trading and official listing on Nasdaq Copenhagen. The first day of trading in, and official listing of, the shares is expected to be 27 September 2016. The admission to trading and official listing is conditional upon that Nets A/S, among others, obtains a sufficient distribution of shares.
Conditional admittance to trading
Pursuant section “The Offering” (sub-section Withdrawal of the Offering) in the prospectus published by Nets A/S the Underwriting Agreement includes a rule according to which the Offering can be withdrawn until completion of the Offering. As a consequence Nets is conditional admitted to trading, which means that trading opens before all conditions have been met by the company. Trading will be suspended if the offering is not completed.
Nets A/S is to publish an announcement no later than 29 September 2016 confirming that the offering will be completed and hence no longer is a risk that the offering will be withdrawn.
The result of the Offering is expected to be published no later than 27 September at 8:00 a.m. (CET).
The Offering - temporary purchase certificates
The Offering of up to 105,000,000 shares of DKK 1 is expected to be admitted to trading as temporary purchase certificates in a temporary ISIN (DK0060745453) no later than 27 September 2016 after the result of the Offering has been published. The number of temporary purchase certificates consists of the shares in the Offering. That is partly new shares offered by Nets A/S, partly existing shares offered by the selling shareholders, and overallotment shares.
After completion of the Offering and registration of the new shares in the Danish Business Authority the total share capital will be admitted to trading and official listing in the permanent ISIN. Prior to this Nasdaq will publish an exchange notice of the changes which will be implemented in the Nasdaq systems.
The temporary purchase certificates will be registered in the Nasdaq systems with the following data:
| Temporary ISIN: | DK0060745453 |
| Name: | Nets TEMP |
| Number of temporary purchase certificates: | Up to 105,000,000 units |
| Face value: | DKK 1 |
| Segment: | LARGE CAP |
| Expected Average Daily Turnover: | EUR 30,000,000 |
| Expected Average Daily Number of Transactions: | 1,100 |
| Short name: | NETS TEMP |
| Orderbook ID: | 126743 |
| Market Segment / no | CPH Equities CCP/183 |
| Tick Size /no | XCSE Equities DKK, FESE2/219 |
| MIC Code | XCSE |
| CCP cleared: | Yes |
Data about Nets A/S
| Full name of the company: | Nets A/S |
| CBR No.: | 37 42 74 97 |
| Symbol of the Company: | NETS |
Industry Classification Benchmark (ICB)
| 2000 | Industrials |
| 2700 | Industrial Goods & Services |
For further information, please contact: Asta Jepsen or Pernille Gram, Surveillance, tel. +45 33 93 33 66
