공지 • Apr 12
Pollen Street Capital Limited completed the acquisition of 91.13% stake in OrderYOYO A/S (CPSE:YOYO). Pollen Street Capital Limited entered into a transaction agreement to acquire 91.13% stake in OrderYOYO A/S (CPSE:YOYO) for approximately DKK 780 million on March 4, 2025. As part of the acquisition, Ophelia BidCo ApS (Bidco) is formed by Pollen Street Capital Limited, and Bidco will acquire 90.5 million shares at a price of DKK 9.5 per share. The Transaction provides capital and expertise to enable OrderYOYO to pursue its growth ambitions whilst also providing liquidity to shareholders at what the Board of Directors believe is an attractive valuation for existing shareholders. Victor Garcia will stay on as Chairman of the Board of Directors of OrderYOYO, while Jesper Johansen will continue as CEO of OrderYOYO. Upon completion, the remaining OrderYOYO shareholders will be redeemed through a compulsory acquisition process in accordance with sections 70 and 72 of the Danish Companies Act to be initiated by BidCo whereby all minority shareholders will be requested, by publication of a separate notice, to transfer all their remaining shares in OrderYOYO to BidCo within a four-week notice period. The compulsory acquisition process is expected to be initiated as soon as possible following the delisting. OrderYOYO expects to convene an extraordinary general meeting to be held with the purpose of electing new members of the Board of Directors as soon as possible after settlement of the trades relating to the Share Purchase Agreements.
The Board of Directors of OrderYOYO A/S have unanimously decided to recommend the transaction to its shareholders. Following settlement of the trades relating to the Share Purchase Agreements, BidCo will hold more than 90% of the shares and voting rights in OrderYOYO. Accordingly, OrderYOYO will request Nasdaq Copenhagen for delisting of the OrderYOYO shares on Nasdaq First North Growth Market Denmark following settlement of the Share Purchase Agreements. Subject to approval from Nasdaq Copenhagen, delisting will be initiated shortly after settlement of the trades relating to the Share Purchase Agreements and is expected to take place within 60 days.
Stifel, Nicolaus & Company, Incorporated acted as financial advisor to OrderYOYO A/S. Kristian Lykkeholm Klausen and Anne Zeuthen Lokkegaard of Accura Advokataktieselskab acted as legal advisor to OrderYOYO A/S. Perella Weinberg UK Limited acted as financial advisor to Pollen Street Capital Limited. Gorrissen Federspiel I/S acted as legal advisor to Pollen Street Capital Limited. Jesper Skaarup Vestergaard of Grant Thornton-Danmark Statsautoriseret Revisionsaktieselskab acted as accountant to OrderYOYO A/S.
Pollen Street Capital Limited completed the acquisition of 91.13% stake in OrderYOYO A/S (CPSE:YOYO) on April 10, 2025. On completion, BidCo has informed OrderYOYO that it will cause OrderYOYO to request Nasdaq Copenhagen A/S for removal from trading of the shares in OrderYOYO from Nasdaq First North Growth Market. OrderYOYO's shares are expected to be removed from trading on 10 April 2025 with the last day of trading on Nasdaq First North Growth Market being April 11, 2025, subject to approval from Nasdaq Copenhagen A/S. The four-week compulsory acquisition period will commence on April 14, 2025 and accordingly, the last day of the four-week period will be May 12, 2025. 공지 • Mar 06
Pollen Street Capital Limited entered into a transaction agreement to acquire 91.13% stake in OrderYOYO A/S (CPSE:YOYO) for approximately DKK 780 million. Pollen Street Capital Limited entered into a transaction agreement to acquire 91.13% stake in OrderYOYO A/S (CPSE:YOYO) for approximately DKK 780 million on March 4, 2025. As part of the acquisition, Ophelia BidCo ApS (Bidco) is formed by Pollen Street Capital Limited and Bidco will acquire 90.5 million shares at a price of DKK 9.5 per share. The Transaction provides capital and expertise to enable OrderYOYO to pursue its growth ambitions whilst also providing liquidity to shareholders at what the Board of Directors believe is an attractive valuation for existing shareholders. Victor Garcia will stay on as Chairman of the Board of Directors of OrderYOYO, while Jesper Johansen will continue as CEO of OrderYOYO. Upon completion, the remaining OrderYOYO shareholders will be redeemed through a compulsory acquisition process in accordance with sections 70 and 72 of the Danish Companies Act to be initiated by BidCo whereby all minority shareholders will be requested, by publication of a separate notice, to transfer all their remaining shares in OrderYOYO to BidCo within a four-week notice period. The compulsory acquisition process is expected to be initiated as soon as possible following the delisting. OrderYOYO expects to convene an extraordinary general meeting to be held with the purpose of electing new members of the Board of Directors as soon as possible after settlement of the trades relating to the Share Purchase Agreements.
The Board of Directors of OrderYOYO A/S have unanimously decided to recommend the transaction to its shareholders. Following settlement of the trades relating to the Share Purchase Agreements, BidCo will hold more than 90% of the shares and voting rights in OrderYOYO. Accordingly, OrderYOYO will request Nasdaq Copenhagen for delisting of the OrderYOYO shares on Nasdaq First North Growth Market Denmark following settlement of the Share Purchase Agreements. Subject to approval from Nasdaq Copenhagen, delisting will be initiated shortly after settlement of the trades relating to the Share Purchase Agreements and is expected to take place within 60 days.
Stifel, Nicolaus & Company, Incorporated acted as financial advisor to OrderYOYO A/S. Kristian Lykkeholm Klausen and Anne Zeuthen Lokkegaard of Accura Advokataktieselskab acted as legal advisor to OrderYOYO A/S. Perella Weinberg UK Limited acted as financial advisor to Pollen Street Capital Limited. Gorrissen Federspiel I/S acted as legal advisor to Pollen Street Capital Limited. Jesper Skaarup Vestergaard of Grant Thornton-Danmark Statsautoriseret Revisionsaktieselskab acted as accountant to OrderYOYO A/S. 공지 • Jan 17
OrderYOYO A/S Revises Earnings Guidance for the Full Year 2025 OrderYOYO A/S revised earnings guidance for the full year 2025. For the year, the company expects Net Revenue to be in the range of DKK 380 million to 390 million (original guidance of DKK 360 million to 370 million). 공지 • Aug 22
Orderyoyo A/S Maintains Earnings Guidance for the Full Year 2024 OrderYOYO A/S maintained earnings guidance for the full year 2024. For the year, the company expects net revenue to be DKK 290 million to DKK 300 million.