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08.05.25 - 09:36
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Saga Pure ASA – Final results of the mandatory offer by Saga Pure ASA to acquire all shares in S.D. Standard ETC Plc (Cision)
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFU
Reference is made to the mandatory offer by Saga Pure ASA ("Saga" or the "Offeror") to acquire all outstanding shares ("Shares") in S.D. Standard ETC Plc ("SDSD" or the "Company") not already owned by the Offeror at an offer price of NOK 1.90 per share pursuant to the offer document (the "Offer Document") dated 4 April 2025 (the "Offer"), and to the announcement dated 5 May 2025 of...
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05.05.25 - 18:42
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Saga Pure ASA – Preliminary results of mandatory offer by Saga Pure ASA to acquire all shares in S.D. Standard ETC Plc (Cision)
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL
Reference is made to the mandatory offer by Saga Pure ASA ("Saga Pure" or the "Offeror") to acquire all outstanding shares ("Shares") in S.D. Standard ETC Plc ("SDSD" or the "Company") not already owned by the Offeror, at an offer price of NOK 1.90 per share pursuant to the offer document (the "Offer Document") dated 4 April 2025 (the "Offer"). This action was taken in accordance...
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07.04.25 - 07:01
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Saga Pure ASA – Launch of Mandatory Offer by Saga Pure ASA to acquire all shares in S.D. Standard ETC Plc (Cision)
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL
Reference is made to the announcement made by Saga Pure ASA ("Saga" or the "Offeror") on 4 March 2025 regarding the Company's investment in S.D. Standard ETC Plc ("SDSD" or the "Company") and its intention to launch a mandatory offer for all remaining shares in SDSD (the "Mandatory Offer").
The Norwegian Financial Supervisory Authority in its capacity as take-over supervisory...
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04.04.25 - 18:01
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SDSD - S.D. Standard ETC plc - Mandatory offer document approved (Cision)
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Finanstilsynet, in capacity as takeover supervisory authority, has approved the offer set out in the offer document dated 4 April 2025 in respect of: Mandatory offer to acquire the shares in S.D. Standard ETC plc made by Saga Pure ASA Offer price: NOK 1.90 per share in cash Offer period: From and including 7 April 2025 to 16:30 hours (CEST) on 5 May 2025 (subject to extension) Receiving agent: DNB Markets, a part of DNB Bank ASA...
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03.04.25 - 17:01
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Saga Pure ASA – Update on mandatory offer on S.D. Standard ETC (Cision)
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Reference is made to the announcement made by Saga Pure ASA ("Saga" or the "Offeror") on 4 March 2025 regarding the Offeror's investment in S.D. Standard ETC Plc ("SDSD" or the "Company"), which implied that the Offeror is required to present a mandatory offer for all remaining shares in SDSD, and informed that Saga intends to launch a mandatory offer for all remaining shares in SDSD (the "Mandatory Offer").
The offer document for the Mandatory Offer is expected to be approved by the Norwegian Financial Supervisory Authority of Norway over the next few days. The acceptance period for the...
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06.03.25 - 11:18
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Saga Pure ASA – Investment in S.D. Standard ETC – adjustment of mandatory offer obligation (Cision)
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(Oslo, 6 March 2025) Saga Pure ASA ("Saga Pure") has today acquired 31,247,123 shares in S.D. Standard ETC Plc ("SDSD"), with the highest share price being NOK 1.90.
Saga Pure is a related party to Ferncliff Listed DAI AS ("Ferncliff Listed DAI"), the largest shareholder of SDSD, as Øystein Stray Spetalen is both the sole owner of Ferncliff Listed DAI and a board member of Saga Pure.
The shares have been acquired at an average share price of NOK 1.90, with the highest share price being NOK 1.90. Consequently, the price per share under the mandatory offer obligation of Saga Pure, as...
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05.03.25 - 16:54
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Saga Pure ASA – Investment in S.D. Standard ETC – adjustment of mandatory offer obligation (Cision)
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(Oslo, 5 March 2025) Saga Pure ASA ("Saga Pure") has today acquired 18,878,157 shares in S.D. Standard ETC Plc ("SDSD"), with the highest share price being NOK 1.83.
Saga Pure is a related party to Ferncliff Listed DAI AS ("Ferncliff Listed DAI"), the largest shareholder of SDSD, as Øystein Stray Spetalen is both the sole owner of Ferncliff Listed DAI and a board member of Saga Pure.
The shares have been acquired at an average share price of NOK 1.807, with the highest share price being NOK 1.83. Consequently, the price per share under the mandatory offer obligation of Saga Pure, as...
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04.03.25 - 18:42
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Saga Pure ASA – Additional investment in S.D. Standard ETC (Cision)
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Saga Pure ASA ("Saga Pure") has today acquired an additional 2,000,000 shares in S.D. Standard ETC Plc ("SDSD"), with the highest share price being NOK 1.75.
Saga Pure is a related party to Ferncliff Listed DAI AS ("Ferncliff Listed DAI"), the largest shareholder of SDSD, as Øystein Stray Spetalen is both the sole owner of Ferncliff Listed DAI and a board member of Saga Pure.
Saga Pure has earlier today announced the acquisition of 13,000,000 shares in SDSD and has during the day made an additional investment of 2,000,000 shares in SDSD. The additional shares have been acquired at an...
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04.03.25 - 12:01
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Saga Pure ASA – Invests in S.D. Standard ETC and triggers mandatory offer (Cision)
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Saga Pure ASA ("Saga Pure") has today acquired 13,000,000 shares in S.D. Standard ETC Plc ("SDSD") at an average price per share of NOK 1.64.
Saga Pure is a related party to Ferncliff Listed DAI AS ("Ferncliff Listed DAI"), the largest shareholder of SDSD, as Øystein Stray Spetalen is both the sole owner of Ferncliff Listed DAI and a board member of Saga Pure.
Following the acquisition by Saga Pure of 13,000,000 shares in SDSD, Saga Pure and Ferncliff Listed DAI hold a total of 168,918,109 shares in SDSD, where Saga Pure holds 13,000,000 shares and Ferncliff Listed DAI holds 155,918,109...
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