Joakim Johan Helenius announced intention to make a voluntary takeover offer to acquire remaining 50.85% stake in Nordic Fibreboard AS (TLSE:SKN1T) for ?2.15 million on April 4, 2024. The Offer is made at a price of ?0.944 per Share. The Offeror owns 1,750,135 NFB Shares that amounts to 38.9% of all NFB Shares.

In addition, the beneficial owner and holder of 100% shareholding (directly 50% and indirectly 50%) of the Offeror, Joakim Johan Helenius owns directly 40,000 and indirectly 421,320 NFB Shares i.e. altogether 2,211,455 NFB Shares that amounts to 49.15% of all NFB Shares. The period for accepting the offer commenced on April 25, 2024 and will last upto May 23, 2024.The Financial Supervision and Resolution Authority approved the Offer Documents on April 24, 2024.