Please find enclosed an announcement from the two parent foundations Knud Højgaards Fond and Ejnar og Meta Thorsens Fond, who have decided to explore the possibilities of a merger between Højgaard Holding A/S and Monberg & Thorsen A/S.
Questions relating to this announcement should be directed to Niels Lykke Graugaard on telephone
+45 2123 1144 and Chairman in Ejnar & Meta Thorsens Fond, Christine Thorsen on telephone
+45 3165 3070.
The announcement can also be viewed on www.monthor.com
This announcement is available in Danish and English. In case of doubt, the Danish version shall prevail.
Monberg & Thorsen A/S
Reg. No. 12 61 79 17
Knud Højgaards Vej 9 DK-2860 Søborg
Knud Højgaards Fond Ejnar og Meta Thorsens FondAnnouncement 25 February 2016
Knud Højgaards Fond and Ejnar og Meta Thorsens Fond have decided to explore the possibilities of a merger between Højgaard Holding A/S and Monberg & Thorsen A/S, while maintaining an A and B share structure. A merger between the two companies would result in a simplification of the owner structure of MT Højgaard A/S and ensure better access to the capital markets for the company. A merger between the two companies gives rise to a number of legal issues relating to foundation law, among other things, which must be further assessed. Completion of the merger requires approval from a number of authorities. At this point of time, it is therefore not possible to further particularize the final arrangement or estimate when a result of the exploration may be expected. A merger is, however, not expected to be possible until the spring of 2017.
Best regards
Ejnar og Meta Thorsens Fond Knud Højgaards Fond
Christine Thorsen Sten Scheibye
Chairman Chairman
Monberg & Thorsen A/S issued this content on 25 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 February 2016 13:49:30 UTC
Original Document: http://www.monthor.com/en/news/6118E336B4F93D10C1257F64004B641D/$file/Announcement 2 UK 20160225.pdf