04.30.2019

Nasdaq Extends Acceptance Period For Oslo Børs

Nasdaq AB, an indirect subsidiary of Nasdaq, Inc. (Nasdaq: NDAQ) (“Nasdaq”), announced today that it is extending the acceptance period of its offer (the “Offer”) to acquire all of the issued shares of Oslo Børs VPS Holding ASA (NOTC: OSLO/OTCMKTS: OSBHF) (“Oslo Børs VPS”) made pursuant to its offer document published on February 4, 2019, as amended by the announcement made on March 4, 2019 (the “Offer Document”), previously set to expire April 30, 2019 at 17.30 CET, to May 31, 2019 at 17.30 CET.

Nasdaq may in its sole discretion further extend or re-open the acceptance period for the Offer (one or more times) prior to the Drop-dead Date (as defined in the Offer Document),subject to Nasdaq AB’s obligation to re-open the acceptance period for the Offer, or by other adequate means permit shareholders of Oslo Børs VPS to accept the Offer, if the minimum acceptance condition has not been satisfied or waived prior to the expiry of the acceptance period and the Euronext Offer (as defined in the Offer Document) is withdrawn after the expiry of the acceptance period but prior to the Drop-dead Date.

Source: Nasdaq

Related articles

  1. Fixed Income Liquidity to Become More Centralized

    Clients will have the ability to interact with a larger liquidity pool while minimizing market impact.

  2. The exchange's derivatives segment will close for trading on Friday 28 January 2022.

  3. Nasdaq aims to support new markets for digital assets, cryptocurrencies and NFTs.

  4. Regulatory reporting is an important part of MiFID II.

  5. The offering makes it simple for firms to track their sustainable derivatives positions.