Mohammed Al Amoudi and Sven-Olof Johansson in joint bid for Allenex.

2011-11-23 | 21:55

Sven-Olof Johansson, Solid Partners and Mohammed Al Amoudi is ready to buy out Allenex from the exchange. Photo: Scanpix

MSA knobs mandatory offer

Mohammed Al Amoudi and Sven-Olof Johansson in joint bid for Allenex.

After the issue of Allenex passed both Mohammed Al Amoudi and Sven-Olof Johansson, Solid Partner mandatory bid limit of 30 percent. Now turn the two principal owners joined forces and go out with a single mandatory offer. The offer is through the newly established company Xenella Holding offering other shareholders in Allenex 1, 50 per share, the same price as in the recently concluded rights issue. The offer period runs from mid December to January 12, according to a press release on Wednesday evening. Allenex Board will present a fairness opinion from an independent party as part of the bid process. Xenella Holding will be funded by its two owners. If they together receive more than 90 percent of Allenex, a compulsory acquisition and delisting to take place. The operations of the ailing investment company in the life science sector will not be affected by the bid:

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"There are no plans to significantly alter currently existing strategy Allenex" writes Xenella Holding in the press release. Xenella represented by board member Oscar Ahlgren, who normally is the president of the Western Harbour Brokerage where Mohammed Al Amoudi is the principal owner. He is also a board member of Allenex. Mannheimer Swartling is legal advisor to Xenella. KPMG has been commissioned to evaluate the bid for the Board of Allenex.

Per Agerman 08,545,871 56 per.agerman @ realtid.se

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