Reference is made to the stock exchange notice dated 7 April 2025, regarding the
commencement of the acceptance period for the mandatory offer by Saga Pure ASA
("Saga Pure" or the "Offeror") for all remaining shares in S.D. Standard ETC Plc
("SDSD" or the "Company"), at an offer price of NOK 1.90 per share in SDSD (the
"Offer Price") (the "Mandatory Offer").
The Offeror is a close associate of the Company's Chairman Martin Nes and is
therefore required to disclose acceptances received under the Mandatory Offer on
an ongoing basis.
Please see the attached notification of trading for information on acceptances
received by the Offeror on 30 April 2025.
As of 30 April 2025, Saga Pure and associated companies have a total holding of
394,280,427 shares in SDSD, corresponding to a 75.18 % ownership of shares and
votes in SDSD. Of this Saga Pure has an ownership of 45.5% and Ferncliff Listed
DAI AS has an ownership of 29.7%.This includes acceptances received in the
Mandatory Offer by the receiving agent. Saga Pure and its associated companies
have consequently surpassed the notifiable 75% threshold of shares and votes in
the Company.
For further information, please contact:
Chief Financial Officer, Christos Neokleous at +357 99 53 1193
This information is subject to the disclosure requirements under the EU Market
Abuse Regulation art. 19 and Section 5-12 of the Norwegian Securities Trading
Act.