Offer Document Regarding Kingspan’s Offer to the Shareholders of Nordic Waterproofing Holding Has Been Made Public

On 10 October 2023, Kingspan Holdings (IRL) Limited (“Kingspan“) announced a mandatory cash offer to the shareholders of Nordic Waterproofing Holding AB (publ) (“Nordic Waterproofing” or the “Company“) to tender any and all shares in Nordic Waterproofing to Kingspan at a price of SEK 160 in cash per share (the “Offer“). The Offer is being made since Kingspan, on 13 September 2023, announced that Kingspan had acquired additional shares in Nordic Waterproofing to such extent that the mandatory bid threshold of 30 per cent of the votes in the Company was crossed. The offer document regarding the Offer has today been approved and registered by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen).

The offer document and the acceptance form are available at Kingspan’s transaction website, www.kingspan.com/NWG-OFFER, and at Aktieinvest’s website, www.aktieinvest.se/emission/nwg. The offer document will also be available in Swedish at the Swedish Financial Supervisory Authority’s website, www.fi.se. A pre-printed acceptance form will be distributed to shareholders in Nordic Waterproofing whose shares are directly registered with Euroclear Sweden AB as per 22 November 2023.

The acceptance period for the Offer commences on 23 November 2023 and ends on 1 February 2024, but may be extended. Settlement is expected to occur on or about 8 February 2024, provided that the condition for the Offer has been fulfilled or waived at that time.

For the complete press release, click here.

About Kingspan

Kingspan is an Ireland-based building materials company with headquarters in Kingscourt, Ireland. The company was founded in the 1960’s by Eugene Murtagh who is also the largest shareholder of the company. Kingspan has been listed on the Irish Stock Exchange since 1989.

Kingspan operates through five divisions: Insulated Panels, Insulation, Light, Air & Water, Data & Flooring and Roofing & Waterproofing. In 2022, total sales amounted to approximately EUR 8.3 billion with an EBITDA close to EUR 1 billion. For more information, visit www.kingspangroup.com.

Contact:

Lorcan Dowd – Company Secretary – + 353 (0)42 9698000