Offer from Mellby Gård 2019
On the 29 July 2019 KappAhl's majority owner, Mellby Gård AB, submitted a public takeover bid to all KappAhl’s shareholders. On October 7, Mellby Gård AB declared the offer unconditional and to be fulfilled since Mellby Gård AB controls more than 90 percent of the KappAhl shares. Mellby Gård also announced that they will work to delist the KappAhl shares from Nasdaq Stockholm. Mellby Gård AB further announced that they will redeem the remaining shares through a compulsory redemption procedure and work to delist the KappAhl shares from Nasdaq Stockholm.
Regarding compulsory redemption procedure
KappAhl AB (publ) (”KappAhl”) was de-listed from Nasdaq Stockholm on 30 October 2019. At that time, Mellby Gård AB (”Mellby Gård”) controlled approximately 91.5 of the shares and votes in KappAhl. Mellby Gård has initiated a compulsory redemption procedure to redeem the minority shareholders’ remaining shares. Questions regarding the compulsory redemption procedure can be asked to the person who have been appointed by the Swedish Companies Registration Office (Sw. Bolagsverket) as a legal representative for the minority shareholders (Sw. god man), lawyer Stefan Sandén, Engelbrektsgatan 7, SE-114 32 Stockholm, Sweden, phone +46(0)8-440 54 30 or +46(0)70-671 13 31, e-mail firstname.lastname@example.org.
Link to Mellby Gård's offer to KappAhl’s shareholders (Choose the link "Offer KappAhl")