s and Mads Eg Damgaards Familiefond

Egetæpper A/S 

08.05.2015 12:37

Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group
AG.
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The boards of egetæpper a/s and its parent foundation, Mads Eg Damgaards
Familiefond, have today decided to insert a holding company between the
Foundation and egetæpper, thus taking ownership of the shares in egetæpper
previously owned by the Foundation. 

The decision was taken in continuation of the stock exchange announcement from
egetæpper of 22 January 2015, announcing the possibility of such a holding
structure being investigated. 

If a satisfactory and binding response from SKAT (the Danish Tax Authority) is
obtained, our examinations have come so far, that a decision to implement the
structural change has been taken. 

The structural change will not trigger a mandatory bid to the remaining
shareholders of egetæpper, as we are talking about an intra-group structural
change. 

The negotiations with Erhvervsstyrelsen (the Danish Business Authority), the
authority governing the foundation, has documented that the Foundation is able
to meet the requirements for a holding structur, outlined by Erhvervsstyrelsen
(the Danish Business Authority). 

At the time of establishing the new holding company, a stock exchange
announcement will be published. The holding company is expected to come forward
as a majority holder in egetæpper at the annual general meeting on 28 August
2015. 

A holding company as majority holder in egetæpper a/s will involve a
commercially flexible, future-oriented and growth-oriented new group structure,
while the benefits of the long-term fund ownership are retained. 

Questions relating to the proposed new corporate structure in egetæpper a/s can
be directed to Jørgen Kjær Jacobsen, Chairman of Mads Eg Damgaards Familiefond
or Ebbe Malte Iversen, Chairman of egetæpper a/s. 

Yours sincerely,

egetæpper a/s



John Vestergaard
CFO
News Source: NASDAQ OMX



08.05.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language:     English
Company:      Egetæpper A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010259290
WKN:          
 
End of Announcement                             DGAP News-Service
 
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