A.P. Møller - Mærsk A/S obtains the necessary approval for its acquisition of Broström AB (publ) and declares the Offer unconditional 
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LEGAL NOTICE – PLEASE READ BEFORE SCROLLING TO THE PRESS RELEASE

The distribution of the documents contained in this part of our website may be restricted by law in various countries and, accordingly, persons who access them are required to inform themselves of, and to comply with, any such restrictions. Maersk Product Tankers AB’s (“Maersk Product Tankers”) offer to the holders of shares in Broström AB (“Broström”) is not being made to persons whose participation in the offer requires further offer documents, filings or other measures in addition to those required under Swedish law.

The press release, the offer document, the relevant acceptance form and any related offer documentation are not being distributed and must not be mailed or otherwise distributed or sent in or into any country in which the distribution or offering would require any such additional measures to be taken or would be in conflict with any law or regulation in such country. Any such action is not permitted or sanctioned by Maersk Product Tankers.

The offer is not being made, directly or indirectly, by use of mail or any other means or instrumentality (including, without limitation, facsimile transmission, electronic mail, telex, telephone and the internet) in or into the United States of America, Australia, Canada, Japan, New Zealand or South Africa, and the offer cannot be accepted by any such use, means, instrumentality or facility of, or from within, the United States of America, Australia, Canada, Japan, New Zealand or South Africa. Accordingly, the press release, the offer document, the relevant acceptance form and any related offer documentation are not being and should not be mailed or otherwise distributed, forwarded or sent in or into the United States of America, Australia, Canada, Japan, New Zealand or South Africa.

If you are located in the United States of America, Australia, Canada, Japan, New Zealand or South Africa you may not view this information

By scrolling down to the press release or by downloading or viewing the offer document you acknowledge that you have read the information, terms and conditions in this notice; you accept them; and you represent and warrant that you are not a resident of the United States of America, Australia, Canada, Japan, New Zealand or South Africa or any other jurisdiction in which the distribution or acceptance of the tender offer would not be made in compliance with the laws of such jurisdiction.

 

 

 

 

 

 

 


This press release is not and must not be, directly or indirectly, distributed or made public in the United States of America, Australia, Canada, Japan, New Zealand or South Africa. The Offer mentioned in this press release is not being made to persons in those jurisdictions or elsewhere where their participation requires further offer documents, filings or other measures in addition to those required by Swedish law.



A.P. Møller - Mærsk A/S has now received the clearance from the European competition authorities for its acquisition of Broström AB (publ). No other approvals are required to complete the offer and all conditions are consequently fulfilled. The offer, (the “Offer”) made through A.P. Møller - Mærsk A/S’s wholly owned Swedish subsidiary Maersk Product Tankers AB  for all A- and B-shares in Broström AB (publ), is hereby declared unconditional.

“We are pleased that we have received the necessary approvals, and we now look forward to beginning the integration process which will create the world’s leading product tanker company”, says Kristian Mørch, Senior Vice President of Maersk Tankers. “The combination of the two organisations will be able to offer a superior worldwide service across segments by having a large, modern and homogenous fleet with the highest safety standards”.

The price per share in the Offer of SEK 57, shall be increased by an interest rate of 6% per annum, calculated from the date occurring two months after the announcement of the offer, i.e. 27 October 2008, until the date when the Offer is declared unconditional (i.e. today, 14 January 2009). Accordingly, the settlement price per share in the Offer amounts to SEK 57.73.

The final number of votes and share capital in Broström AB (publ) controlled by A.P. Møller – Mærsk A/S after completion of the Offer is expected to be announced on 19 January 2009 as soon as the final number of shares tendered has been calculated. The acceptance period expires 16 January 2009 (16.00 CET).

For further information please contact:
Kristian Mørch, Senior Vice President of Maersk Tankers: +45 3363 4812

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