Randstad acquisition offer made public
Randstad Nordic AB (Randstad), a company indirectly owned by Randstad Holding nv (Randstad Holding), announced on 30 November 2015 a recommended cash offer to the shareholders of Proffice AB (publ) (Proffice) (the Offer).
The offer document regarding the Offer has now been approved and registered by the Swedish Financial Supervisory Authority and was made public today.
The offer document together with the acceptance form are available on Randstad’s website (www.ir.randstad.com) and Handelsbanken’s website (www.handelsbanken.se/investeringserbjudande) and will be distributed to shareholders of Proffice whose shares were directly registered with Euroclear Sweden AB on 14 December 2015.
The acceptance period for the Offer commences on 16 December 2015 and ends on 27 January 2016. Please note that the acceptance period ends somewhat later than as set out in the indicative timetable when the Offer was announced.
Settlement will begin as soon as Randstad has announced that the conditions for the Offer have been satisfied or that Randstad has otherwise resolved to complete the Offer. Assuming that such an announcement is made no later than around 1 February 2016, settlement is expected to begin around 4 February 2016.