Recommended public tender offer (share exchange offer) from Sampo

Sampo’s recommended public tender offer (share exchange offer) for up to all shares (except treasury shares and shares already held by Sampo) in Topdanmark with consideration consisting of 1.25 new A shares in Sampo for each share in Topdanmark has been completed as planned on 19 September 2024. Sampo obtained acceptances corresponding to more than 90% of the voting rights and share capital (excluding treasury shares) in Topdanmark.

Sampo finds that the planned integration of Topdanmark into If’s pan-Nordic business organisation will strengthen the group’s leading position in the Danish Property and Casualty (P&C) insurance market and consolidate its leadership position in the Nordics.

This site contains relevant information about the transaction.

Frequently asked questions

Read questions and answers here, if you are holding shares in Topdanmark’s share inscription system.




Download FAQ (Danish only)

Key documents

Timeline

  • 17 June 2024: Announcement of combination agreement and exchange offer.
  • 9 July 2024: Extraordinary general meeting in Sampo.
  • 7 August 2024: Publication of prospectus and offer document
  • 9 August 2024: Publication of statement from Topdanmark’s Board of Directors.
  • 9 August 2024 at 00:01: Commencement of offer period.
  • 9 September 2024 at 23:59: Expiration of the offer period.
  • 10 September 2024: Publication of preliminary result.
  • 16 September 2024: Publication of final result.
  • 18 September 2024: Listing of Sampo A shares (share entitlements) on Nasdaq Copenhagen.
  • 19 September 2024: Completion of the exchange offer (all conditions for completion fulfilled).
  • 20 September 2024: Initiation of compulsory acquisition (4 weeks).
  • 18 October 2024 at 23:59: Expiry of the compulsory acquisition period and last day of trading of the Topdanmark share on Nasdaq Copenhagen.

 

The timeline is preliminary and subject to change.

Contact

Hotline for private shareholders

Tel.: +45 44 74 70 25

Monday-Thursday 8-16 and Friday 9-16.

 

 

 

*) Correction 7 August 2024: Page 153 of the Prospectus contains an incorrect currency reference relating to Topdanmark Group's Subordinated Tier 2 Loan in the principal amount of EUR 700,000,000. The correct reference currency is DKK and the correct principal amount is DKK 700,000,000.

Contact

INVESTORS
Robin Løfgren
Head of Investor Relations
PRIVATE SHAREHOLDERS
Shareholder Administration