공시 • May 13
Verdane completed the acquisition of additional 87.154226% majority stake in Re-Match Holding A/S (CPSE:RMATCH) from Nordic Alpha Partners Fund I K/S and others. Verdane agreed to acquire remaining stake 87.154226% in Re-Match Holding A/S (CPSE:RMATCH) from Nordic Alpha Partners Fund I K/S and others for DKK7 per share on March 1, 2023. In the Public Tender Offer, shareholders in Re-Match will be offered to sell their shares in Re-Match for DKK 7.00 per share, or exchange their shares in Re-Match to shares in the Offeror at a 1:1 ratio. Raising up to DKK 235m in gross proceeds in total within the next year, of which DKK 60m is funded by Nordic Alpha Partners and DKK 175m is funded by Verdane. The deal is subject to approval from regulatory body and minimum tender and Danish Competition and Consumer Authority. As of April 28, 2023 Danish Competition and Consumer Authority approved the transaction. As of May 4, 2023, all conditions for completion of the Offer have been satisfied and the Offeror will accordingly proceed to settle and complete the Offer. Following settlement of the Offer, the Offeror holds 97.5% of the shares and intends to exercise its rights to complete a compulsory acquisition for remaining shares. The Offer is expected to be settled on May 10, 2023. ABG Sundal Collier Denmark, branch of ABG Sundal Collier ASA, Norge, is acting as financial adviser to Re-Match. Gorrissen Federspiel Advokatpartnerselskab is acting as legal adviser to Re-Match. Carnegie Investment Bank, branch of Carnegie Investment Bank AB, Sverige, is acting as financial adviser to Verdane in connection with the Public Tender Offer and capital increases described herein. Plesner Advokatpartnerselskab is acting as legal adviser to Verdane. Moalem Weitemeyer Advokatpartnerselskab is acting as legal adviser to Nordic Alpha Partners.Verdane completed the acquisition of additional 87.154226% majority stake in Re-Match Holding A/S (CPSE:RMATCH) from Nordic Alpha Partners Fund I K/S and others on May 11, 2023. Board Change • Jan 27
High number of new directors Independent Director Kristin Parello-Plesner was the last director to join the board, commencing their role in 2021. 공시 • Dec 31
Re-Match Holding A/S Announces Resignation of Ulrik Lundsfryd as Board Member Re-Match Holding A/S announced the resignation of board member, Ulrik Lundsfryd. 공시 • Oct 27
Re-Match Holding A/S Adapts Activities to High Energy Prices Re-Match Holding A/S the activities are adapted to the historically high energy prices. Re-Match's Board of Directors has decided to adapt the Company's activities to the historically high energy prices. This entails that Re-Match advances planned maintenance and upgrades of the Danish factory and therefore implements a temporary stop for most of the production. In this context, the organization is adjusted to a lower level of operation. The maintenance and upgrade were scheduled to take place at a later date, but is moved forward due to the currently high energy prices and their impact on earnings from the recycling of artificial turf. The planned maintenance and upgrade will enable the Company to operate with fewer interruptions in the future, as well as to operate more efficiently and with a consequent lower energy consumption. The company expects to implement a flexible downscaling of production in Fourth Quarter in order to follow the development in energy prices. After that, production in Herning will for a period of time focus on the operational activities that are less energy- intensive. The Company is keeping a close eye on developments in the market, especially energy prices, and will continuously assess the right time to restart full-scale production in Herning. Energy optimization projects are also ongoing, as well as the study of alternative energy sources. Therefore, in the first half of 2023, the Company expects to have a more stable energy solution that is less vulnerable to the volatility of energy prices. This is expected to result in lower revenue than previously projected during the period when there is a temporary halt to production. It is too early to predict the impact on the Company's earnings, as the reduced revenue enables reductions in both energy costs and fixed costs. Other activities, including the construction of new factories in the Netherlands and France, will continue as planned. Reported Earnings • Sep 02
First half 2022 earnings released: EPS: kr.0 (vs kr.1.97 loss in 1H 2021) First half 2022 results: EPS: kr.0. Revenue: kr.13.2m (up 1.6% from 1H 2021). Net loss: kr.36.0m (loss widened 19% from 1H 2021). 공시 • Sep 01
Re-Match Holding A/S Provides Earnings Guidance for the Year 2022 Re-Match Holding A/S provided earnings guidance for the year 2022. For the year, the company remains unchanged in relation to the outlook presented in the Annual Report for 2022 and in first quarter 2021 Trading Update. Front-end revenue is expected to be similar to 2021 (IFRS basis). However, preparing for production in the Netherlands with additional employees and the increasing energy costs for electricity and gas mainly, will lead to Re-Match bearing more costs. This will lead to lower profitability in 2022 compared to 2021. 공시 • Aug 30
Re-Match Holding A/S Announces Executive Changes Re-Match Holding A/S has accepted the resignation from the company's recently hired Group CFO, Anders Lykke Jacobsen. Thomas Bech Albertsen will stay on as CFO until a replacement has been found. Re-Match's CFO through the past two years, Thomas Bech Albertsen, has agreed to stay as CFO, until a new solution is in place. 공시 • Aug 13
Re-Match Holding A/S Announces CFO Changes Re-Match Holding A/S brings on board Anders Lykke Jacobsen as new CFO to execute the company's expansionary strategy. Thomas Bech Albertsen will remain in Re-Match for a period to support the transition to the new CFO. Having successfully completed its IPO and developed the factory blueprint for the future Re-Match recycling plants, Re- Match has turned its focus to the plan for accelerated international growth. To this aim, the company has hired Anders Lykke Jacobsen as new CFO. Anders Lykke Jacobsen who among others has been CFO in the Bühler Group and VP Corporate Finance at Welltec, steps into his new role as the company is embarking on the next wave in its factory roll-out plan which will lead to 24 Re-Match factories globally within the next 10 years. Anders Lykke Jacobsen will start in his new position 16 August 2022.