ALM. Brand A/S Corporate Call Transcript

Mar 01, 2024

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Nov 08, 2021 / 10:00AM GMT
Operator

Hello and welcome to the Alm. Brand Investor Conference Call. (Operator Instructions) And afterwards, there will be a question-and-answer session. Today, I am pleased to present CEO, Rasmus Werner Nielsen; and Senior Investor Relations Officer, Mikael Bo Larsen. Please begin your meeting.

Mikael Bo Larsen -

Good morning, and thank you for joining our call today. We also have Andreas Ruben Madsen, our Group CFO here. We have been looking forward to this morning's announcement on our rights issue, which marks an important next step in our efforts to acquire Codan Denmark and build the second largest player in the attractive Danish nonlife insurance market.

Our prospectus has been published and is available for you so that you can dive into the details of the rights issue. On this call, I will provide an update on the time line, a summary of the fully underwritten rights issue and a brief recap of the transaction. Please turn to Slide 3.

I'm very pleased to say that the acquisition process is very much on track. We are aiming to build a Tier 1 Danish

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