Information regarding the public cash offer by Philip Morris Holland Holdings B.V.
On May 11, 2022, Philip Morris Holland Holdings B.V. (“PMHH”), an affiliate of Philip Morris International Inc. (“PMI”), announced a recommended public offer to the shareholders of Swedish Match to tender all shares in Swedish Match to PMHH (the “Offer”). On October 4, 2022, PMHH announced that the acceptance period was further extended until November 4, 2022. On October 20, 2022, PMHH announced an increase of the price in the Offer to SEK 116 per share (the “Revised Offer”) and that it would not further increase the price in the Revised Offer.
The Board of Directors of Swedish Match AB recommends that the shareholders of Swedish Match accept the offer.
For more information, please refer to PMHH’s information website relating to the Offer, via www.smokefree-offer.com.