Following the expiry on 11th January 2008 of Maus Frères’ (“Maus Frères”) offer of SEK 310 cash per share (the “Offer”) for all the shares in Gant Company AB (publ) (“Gant”), through its wholly owned subsidiary Procastor S.A., Maus Frères confirms its position as the largest shareholder of Gant with 35.3 % of the shares and votes, and confirms that its shareholding will be held as a long-term investment.
As previously announced, when the Offer expired on 11th January 2008, Maus Frères had acquired in the market 5,011,694 shares in Gant, representing 29.9 % of the shares and votes. A total of 817,914 shares have been tendered in the Offer, representing 4.9 % of the shares and votes in Gant. After the expiry of the Offer, Maus Frères acquired an additional 84,700 shares in the market, representing 0.5 % of the shares and votes. Accordingly, Maus Frères owns in aggregate 5,914,308 shares in Gant, representing 35.3 % of the total shares and votes.

“We are happy to have become...