On 24 October 2005, MAp announced the launch of its conditional public tender offer (Tender Offer) for the acquisition of all the issued shares and voting rights in Copenhagen Airports. The cash Tender Offer was unanimously recommended by the Board of Directors of Copenhagen Airports.
A condition of the Tender Offer had been the receipt of all necessary approvals from public, judicial or regulatory authorities, including the European Commission competition authorities. This condition has now been satisfied.
The other terms and conditions of the Tender Offer remain unchanged.
MAp Chief Executive Officer Kerrie Mather said ”The EU Clearance is another step that increases the certainty of our offer.
“The three largest non-State shareholders in Copenhagen Airports have announced that they have accepted the Tender Offer in respect of all their shares. MAp is encouraging other shareholders to accept the Tender Offer.” Ms Mather said.
The Tender Offer expires on 9 December 2005 at 8 p.m. (Danish time).
This announcement does not constitute an offer to sell or an invitation to purchase any securities or the solicitation of an offer to buy any securities, pursuant to the Tender Offer or otherwise. The Tender Offer has been made solely by the Tender Offer document, which contains the full terms and conditions of the Tender Offer, including details of how the Tender Offer may be accepted.
The availability of the Tender Offer to shareholders of Københavns Lufthavne A/S who are not resident in and citizens of Denmark may be affected by the laws of the relevant jurisdictions in which they are located or of which they are citizens. Such persons should inform themselves of, and observe, any applicable legal or regulatory requirements of their jurisdictions.
Further details in relation to overseas shareholders are contained in the Tender Offer document. Such persons should inform themselves of, and observe, any applicable legal or regulatory requirements of their jurisdictions. Further details in relation to overseas shareholders are contained in the Tender Offer document.
1 Macquarie Airports Copenhagen ApS is 100% owned by Macquarie Airports.
Macquarie Airports Management Limited is not an authorised deposit-taking institution for the purposes of the Banking Act (Commonwealth of Australia) 1959, and Macquarie Airports Management Limited's obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 ("MBL").
MBL provides a limited AUD5 million guarantee to the Australian Securities and Investments Commission in respect of Corporations Act obligations of Macquarie Airports Management Limited as a responsible entity of managed investment schemes. MBL does not otherwise guarantee or provide assurance in respect of the obligations of Macquarie Airports Management Limited, the performance of funds managed by Macquarie Airports Management Limited or the repayment of capital.
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