The Boards of egetæpper a/s and Mads Eg Damgaards Familiefond – the latter the parent foundation of egetæpper a/s - have completed the structural change announced in stock exchange announcements of 22 January and 8 May 2015.
A holding company has been inserted between Mads Eg Damgaards Familiefond and egetæpper a/s, which has become the owner of the shares previously owned by Mads Eg Damgaards Familiefond.
The necessary authority approvals of the new structure have been obtained. Since it is the case of an intra-group structural change, it will not trigger a mandatory bid for the remaining shareholders of egetæpper a/s.
The outcome of the structural change, placing the holding company as majority owner of egetæpper a/s, is expected to strengthen the active ownership and to optimize utilization of the Group’s business foundation.
Questions relating to the new corporate structure of egetæpper a/s can be directed to Jørgen Kjær Jacobsen, Chairman of Mads Eg Damgaards Familiefond or Ebbe Malte Iversen, Chairman of egetæpper a/s.
Yours sincerely,
egetæpper a/s
John Vestergaard
CFO
