Norvik Hf, through its wholly-owned subsidiary Kivron AB (“Norvik”) public takeover offer for Bergs Timber AB (publ) (“Bergs Timber” or the “Company”) was declared unconditional on 29 November 2023. As previously communicated, Norvik controls more than 90 per cent of the shares in Bergs Timber and Norvik has initiated compulsory redemption of the outstanding shares in the Company. Norvik has further extended the acceptance period for the offer until 12 December 2023 in order to provide remaining shareholders an opportunity to accept the offer.
In light of the above, and at the request of Norvik, the Board of Directors of Bergs Timber has resolved to apply for delisting of the Company’s Class B shares from Nasdaq Stockholm. The last day of trading in Bergs Timber’s Class B shares on Nasdaq Stockholm will be announced as soon as Bergs Timber has received confirmation thereof from Nasdaq Stockholm.