Euronext notes updated recommendation by Oslo Børs VPS Board of Directors

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The distribution of the offer document and the making of the offer may in certain jurisdictions be restricted by law, including without limitation in Canada, Australia and Japan. Accordingly, the offer is not made and does not constitute an offer or solicitation in these jurisdictions, or in any jurisdiction or to any person where the making or acceptance of the offer or solicitation would be in violation of the laws or regulations of such jurisdiction.

 

Amsterdam, Brussels, Dublin, Lisbon, London and Paris – 4 March 2019 – Euronext notes that the Oslo Børs VPS Board of Directors has considered Euronext’s increased offer announced on 11 February 2019 as equal to the updated Nasdaq offer from a purely financial point of view. Euronext also notes that today, following Nasdaq’s announced decision to match Euronext’s offer, the Board of Directors has upheld its recommendation of Nasdaq as the preferred bidder in line with its commitment to do so under any circumstances.

Euronext remains confident that it represents the strategically most attractive industrial partner for Oslo Børs VPS and for the Norwegian financial and business community in general, and continues to be open to engage with Oslo Børs VPS's Board, management and shareholders, to further discuss the merits of its offer and strategic plan. Furthermore, as per Euronext’s offer, current shareholders of Oslo Børs VPS who have to date not tendered their shares in favour of our offer would be welcome to remain shareholders if they so wish and become partners of Euronext following the acquisition.

Euronext’s offer is currently awaiting regulatory clearance, in accordance with applicable laws and regulations, which is the last major condition precedent to complete the acquisition of the majority of the Oslo Børs VPS’s shares. Euronext’s Reference Shareholders, who represent 23.86% of Euronext capital, have also confirmed their joint support to Euronext for this transaction.

Euronext reiterates that it has already secured a majority of the Oslo Børs VPS’s shares, that its minimum ownership condition has therefore been fulfilled and that it will complete the transaction once regulatory clearance has been obtained.

Contacts:

Media 
Pauline Bucaille
+33 1 70 48 24 45
mediateam@euronext.com

Analysts & investors
Aurélie Cohen
+33 1 70 48 24 17
ir@euronext.com

 

20190304_pr_enx_obvps.pdf

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Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway and Portugal.
As of September 2025, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal host over 1,700 listed issuers with €6.5 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices.
In November 2025, Euronext successfully acquired a majority stake in the Athens Stock Exchange (ATHEX), further expanding its footprint and strengthening its pan-European market infrastructure.

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