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Symrise has published a mandatory tender offer to the shareholders of Swedencare

Swedencare
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Symrise AG ("Symrise") announced on May 25, 2023 that Symrise had acquired an additional 2,300 shares in Swedencare AB (publ) ("Swedencare") and that Symrise's holdings in Swedencare then amounted to the equivalent of 30 percent of the number of shares and votes in Swedencare. The mandatory bid limit had thus been passed and Symrise announced its intention to submit a mandatory bid offer for the remaining shares in Swedencare within four weeks in accordance with the takeover rules for certain trading platforms.

On June 5, 2023, Symrise has published a mandatory tender offer to the shareholders of Swedencare at a price of SEK 37.50 in cash per share (the "Offer").

For further information on the Offer, refer to Symrise's publication of the Offer, which is available at: www.symrise.com/swedencare.

For more information, please contact:


Håkan Lagerberg, CEO Swedencare
Phone: +46 (0)73 517 01 70
Email: hakan.lagerberg@swedencare.se

Jenny Graflind, CFO Swedencare
Phone: +46 (0)73 944 85 54
Email: jenny.graflind@swedencare.se

FNCA is the Certified Adviser of the Company

Please visit the Company homepage www.swedencare.com

About Swedencare


Swedencare, a listed company on NASDAQ First North Growth Market, specializes in pet healthcare and produces, markets and sells premium products in the global and fast-growing market. The company has a wide range of strong brands and products within most therapy areas, including Animal Pharmaceuticals®, Nutravet®, NutriScience, Pet MD®, Stratford®, VetWELL®, NaturVet® as well as ProDen PlaqueOff® for oral health to dogs and cats. Swedencare’s headquarter is in Malmö, Sweden with subsidiaries located in nine countries with products sold in more than sixty countries. Swedencare’s sales have increased significantly over the last few years with strong margins and profits.

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Symrise has published a mandatory tender offer to the shareholders of Swedencare

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