Orc gets Swedish Financial Supervisory Authority approval for Neonet deal

Source: Orc Software

In connection with Orc Software AB's (publ) ("ORC") public takeover offer to the shareholders in Neonet AB (publ) ("Neonet"), an approval from the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) is required, since one of Neonet's subsidiaries, Neonet Securities AB, is a so called securities company.

Today, ORC has received confirmation from the Swedish Financial Supervisory Authority that such approval has been granted.

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