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Sweden - Wise Group makes public offer to acquire Resurs

30 November 2011

Wise Group AB (WISE:STO), the Sweden-based provider of services and tools in the area of Human Resources Management (HRM), today announces a public offer to shareholders of Resurs Bemanning CNC AB (RESB:STO), the Sweden-based employment agency group, to acquire all outstanding shares in Resurs.

Wise offers all shareholders of Resurs for each share of Resurs either:

• One share in Wise and a cash consideration of 2.40 Swedish Kronor, or
• One share in Wise and the nominal consideration of 2.40 Swedish Kronor in the form of debentures with an annual interest of 5% to mature on 30 April 2013.

In early trading Wise's shares were down by -1.10% to 0.90 Swedish Kronor whilst Resurs' shares were up by +45.85% to 2.99 Swedish Kronor.

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