Saxo Bank Presents an Acquisition Offer to Euroinvestor.comBy Saxo Bank, PRNE
Sunday, April 3, 2011
HELLERUP, Denmark, April 4, 2011 - Today, on 4 April, 2011, Saxo Bank A/S announced that it has acquired
2.655.959 shares of Euroinvestor.com A/S from JCA Holding ApS and 2.472.789
shares in Euroinvestor.com from Soeren Alminde Holding ApS.
In total, Saxo Bank A/S has acquired 5.128.748 shares. The shares have
been acquired on equal terms from the two sellers at a price of DKK 15 pr.
share. Saxo Bank will now have a total of 69 percent of the shares in
Euroinvestor.com and will thereby have acquired control of the company.
In accordance with chapter 8 in the security trading law in Denmark, Saxo
Bank A/S will present a takeover offer to the shareholders in
Euroinvestor.com A/S at the latest four weeks from today.
Since the beginning of 2009, Saxo Bank A/S has been working in
cooperation with the two majority shareholders of Euroinvestor.com A/S and
will now take over control of Euroinvestor.com A/S. Going forward, Saxo Bank
A/S intends to focus on product development as well as explore the company's
international expansion opportunities.
Saxo Bank A/S intends to keep Euroinvestor.com A/S listed as a publicly
traded company on NASDAQ OMX Copenhagen.
www.EuroInvestor.com has more than 500,000 visitors a month and
over 4,500 plus members who use the portal to make better investments. Its
major success in Denmark caused EuroInvestor.com to launch portals in other
countries in February 2004. The proportion of users in these countries has
been on the rise ever since.
About Saxo Bank
Saxo Bank is a leading online trading and investment specialist with a
worldwide client base. The three specialised and fully integrated trading
platforms; the browser-based SaxoWebTrader, the downloadable SaxoTrader and
the SaxoMobileTrader application are available in over 20 languages. Saxo
Asset Management accommodates high-net worth private clients and
institutional investors. In 2010 Saxo Bank continued the diversification of
its business with acquisitions of Saxo-E*Trade Bank, a specialist in online
investment, and Brorup Sparekasse, a Danish savings bank. The Saxo Bank Group
is headquartered in Copenhagen with offices throughout Europe, Asia, Middle
East and Australia.
Media enquiries: Stig Pastwa, Head of Banking & Online Investments, +45-3977-6177; Kasper Elbjorn, Head of Group Public Relations, +45-3065-4300, press at saxobank.com
Tags: April 4, denmark, Hellerup, Saxo Bank