Intertrust has noted Harbor Spring Capital’s statement
29 September 2021 - 12:00PM
Intertrust has noted Harbor Spring Capital’s statement
Amsterdam, the Netherlands – 29
September 2021 – Intertrust N.V.
(“Intertrust” or “the Company”) [Euronext: INTER], a global leader
in providing tech-enabled fund and corporate solutions, has taken
note of the statement made by Harbor Spring Capital on 29 September
2021.
As stated in the announcement on 27 September 2021, the
Management Board and the Supervisory Board are of the view that the
Company’s current market valuation does not reflect its intrinsic
value and continue to actively explore options to deliver
shareholder value. Accordingly, the Company announced a programme
to repurchase ordinary shares in its capital for a total aggregate
consideration of EUR 100 million.
Intertrust continues to maintain an open dialogue with investors
and will provide a comprehensive update on its strategy at its
capital markets day on 23 November 2021.