DLG Finance A/S (CVR No. 19 44 33 96) has issued DKK 1,000,000,000 Floating Rate Bonds, which are listed on First North under ISIN DK0030324264.
It is hereby announced that today an extraordinary general meeting was held of Vitfoss A/S (CVR No. 82 77 62 14), which is a wholly-owned subsidiary of Dansk Landbrugs Grovvareselskab a.m.b.a. In connection with the general meeting Dansk Landbrugs Grovvareselskab a.m.b.a. decided to transfer 100 % of the shares in DLG Finance A/S to Vitfoss A/S as part of a capital increase in Vitfoss A/S.
DLG Finance A/S is transferred to Vitfoss A/S together with other subsidiaries of Dansk Landbrugs Grovvareselskab a.m.b.a. as part of an intra-group restructuring, which is implemented for the purpose of ensuring a more expedient group structure with Vitfoss A/S as the holding company under Dansk Landbrugs Grovvareselskab a.m.b.a.
Dansk Landbrugs Grovvareselskab a.m.b.a. will continue to keep the full ownership of DLG Finance A/S, which will now be exercised indirectly through Vitfoss A/S. For the same reason, Dansk Landbrugs Grovvareselskab a.m.b.a. and DLG Finance A/S are of the opinion that according to the Bond Agreement with Norsk Tillitsmann no change of control of DLG Finance A/S is involved.
It is also emphasised that DLG Finance A/S' obligations as issuer under the Bond Agreement and Dansk Landbrugs Grovvareselskab a.m.b.a.'s obligations as guarantor remain unchanged.
Yours sincerely
Kristian Johnsen Hundebøll
Chairman of the Board of Directors
For further information please contact:
Deputy Group CEO/CFO Lars Sørensen
Tel: +45 33 68 33 17
E-mail: LSO@dlg.dk
Certified adviser:
Nykredit Bank A/S
Kalvebod Brygge 47
DK-1780 Copenhagen V
Att.: Jonas Harbo
Tel: +45 44 55 22 77
E-mail: joha@nykredit.dk