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Sweco announces that on 29 June 2015 it conducted transactions in Grontmij shares

June 29, 2015 | Press release

Reference is made to the joint press release by Sweco AB (publ) (“Sweco”) and Grontmij N.V. (“Grontmij”) dated 1 June 2015 in respect of the intended recommended public offer for all issued and outstanding ordinary shares in the capital of Grontmij for an offer price of EUR 1.84 in cash (cum dividend) and 0.22195 Sweco B share for each Grontmij ordinary share, subject to customary conditions (the “Offer”).

Pursuant to the provisions of Section 5 paragraph 4 and paragraph 5 of the Dutch Decree on Public Takeover Bids (Besluit openbare biedingen Wft) Sweco announces that on 29 June 2015 Sweco and its affiliates or brokers (acting as agents for Sweco or its affiliates, as applicable) conducted transactions in ordinary shares of Grontmij, the details of which are stated below.

DateTransaction typeTotal number sharesType of sharesVolume weighted
average price (€)
29 June 2015Purchase510,407Ordinary4.266

The highest price per ordinary Grontmij share paid in any transaction, whether or not on a regulated market as defined in Section 1 paragraph 1 of the Dutch Financial Supervision Act (Wet op het financieel toezicht), conducted on 29 June 2015 was € 4.29 per ordinary Grontmij share[1].

Following such transactions, Sweco currently holds a total of 510,407 ordinary shares in Grontmij, representing 0.68% of the issued share capital of Grontmij[2]. Grontmij does not hold any shares in the capital of Sweco.

Sweco might purchase additional ordinary shares in Grontmij. Sweco will announce such additional acquisitions made in English on its website (www.sweco.se) promptly and in any event once each day such additional acquisition has been made, or acquisitions have been made.

General restrictions

The information in this press release is not intended to be complete. This announcement is for information purposes only and does not constitute an offer or an invitation to acquire or dispose of any securities or investment advice or an inducement to enter into investment activity. This announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire the securities of Grontmij in any jurisdiction.

[1] This price paid was lower than the implied value of the offer price in the Offer at the time it entered into such transaction(s) outside Euronext Amsterdam determined by multiplying the Sweco share price at the time of the transaction(s) by the exchange ratio and adding the cash part of the offer price.

[2] Comprising ordinary shares and cumulative convertible preference shares.

Attached information

Anna Elisabeth Olsson

Head of Press and Public Affairs