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Compulsory redemption

 

Auriga Industries A/S is fully owned by Aarhus University Research Foundation.

 

Aarhus University Research Foundation has completed a compulsory redemption of the company’s minority shareholders.

 

Following the expiry of the redemption period on 25 February 2016, minority shareholders who did not request to have their shares redeemed, will have their shares compulsorily redeemed at a price of DKK 2.60 per share of nominally DKK 0.20.

 

On 3 March 2016, the relevant minority shareholders was compulsorily redeemed as the majority shareholder deposited an amount in favour of the relevant minority shareholders equal to the redemption price for the non-transferred shares, i.e. DKK 2.60 per share of nominally DKK 0.20.

 

In order to have the deposited amount paid out, the relevant minority shareholders should contact their own custodian bank for further guidance.