To whom it may concern

We are now pleased to advise that as per announce­ment in December 2017 advising of the purchase of Bidsted & Co A/S by Simpson Spence Young the new company is now fully operative and will going forward be named Simpson Spence Young — Bidsted A/S.

We hope and trust that we can maintain our present good business relation­ship and we will endeavour to make that practical transi­tion as smooth as possible and in this respect please be advised that all present and future business will be a part of the new company and we shall in due course advise relevant changes in terms of bank accounts etc.

Thanking you for your kind co-operation and looking forward to serving you even better we remain.

Yours faith­ful­ly

Bidsted & Co. A/S           Simpson Spence Young



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