Beskrivning
| Land | Norge |
|---|---|
| Lista | Oslo Bors |
| Sektor | Informationsteknik |
| Industri | Programvara |
2020-10-21 09:04:50
Volue AS (the "Company") has resolved to offer to acquire all shares held by the minority shareholders in the Company's subsidiaries, Powel AS, Markedskraft AS, Wattsight AS and Scanmatic AS. As of today, the Company owns 96.0% of the shares in Powel AS, 96.7% of the shares in Markedskraft AS, 90.5% of the shares in Wattsight AS and 69.0% of the shares in Scanmatic AS (collectively referred to as the "Portfolio Companies"). Pursuant to the offer, the minority shareholders may choose to settle the Company's acquisition of their shares in the Portfolio Companies either in cash, in shares in the Company or by a combination of cash and shares in the Company. If the minority shareholders choose to settle the acquisition of their shares, partially or wholly, in shares in the Company, these shares will be valued to NOK 31 per share, which corresponds to the volume-weighted average price for the Company's shares on Merkur Market on 20 October 2020 minus a discount of approximately 5%. The reason for the discount is that the Company wishes to encourage the minority shareholders of the Portfolio Companies to settle the acquisitions of their shares in the Portfolio Companies with shares in the Company. Minority shareholders who choose to settle the acquisition of their shares in the Portfolio Companies with shares in the Company will receive new shares in the Company. The new shares will be resolved to be issued by the board of directors of the Company pursuant to an board authorization issued by the extraordinary general meeting of the Company on 15 September 2020. A maximum of up to 8 433 099 new shares in the Company may be issued in connection with the offer, depending on the number of minority shareholders in the Portfolio Companies wishing to settle the acquisition of their shares with new shares in the Company. The new shares will be equal to the existing shares of the Company in all respects, and each share will consequently have a nominal value of NOK 0.40. The deadline for accepting the offer is 24:00 hours CEST on 25 October 2020. The offer will lapse following the deadline. For further information, please contact: Trond Straume, Chief Executive Officer, Volue +47 907 99 625 Arnstein Kjesbu, Chief Financial Officer, Volue +47 970 47 699 This information is subject of the disclosure requirements pursuant to section 3.1 of Continuing obligations of companies admitted to trading on Merkur Market.