The acceptance period for the Offer ended on 3 September 2021. Today, Alpha Acquisition announces that:

• The Offer has been accepted to such extent that the Offeror after completion holds approximately 96.05 per cent of the outstanding shares and votes in ZetaDisplay.
• Alpha Acquisition extends the acceptance period for the Offer until 17 September 2021 in order for the remaining shareholders to be given the opportunity to accept the Offer.

Up to and including 3 September 2021, 12,829,107 shares have been tendered in the Offer, corresponding to 46.05 per cent of the outstanding shares and votes in ZetaDisplay. The Offeror thus control a total of 26,760,012 shares, corresponding to approximately 96.05 per cent of the outstanding shares and votes in ZetaDisplay.

Since the Offeror now owns more than 90 per cent of the shares in ZetaDisplay, the Offeror intends to initiate compulsory redemption of the remaining shares in Zeta Display and intends to propose that ZetaDisplay’s board of directors apply for delisting of ZetaDisplay’s shares from Nasdaq Stockholm

To give remaining shareholders the opportunity to accept the Offer, the acceptance period is extended until 15:00 CET on 17 September 2021. Payment of the consideration to shareholders who have already accepted the Offer is expected to begin around 10 September 2021. Payment of consideration to the shareholders who accept the Offer during the extended acceptance period is expected to begin around 24 September 2021.

Alpha Acquisition reserves the right to extend the acceptance period.

For additional information about the Offer, please see: https://www.hanoverinvestors.com/microsite-disclaimer-ensw.

For enquiries, please contact: Fred Lundqvist

Telephone: +44 (0) 20 7766 8400

Mobile: +44 (0) 7799 415 679

Email: flundqvist@hanoverinv.com

This information is such information that Alpha Acquisition is obliged to make public pursuant to the Takeover Rules. The information was submitted for publication, through the agency of the contact person set out above, at 20:15 CET on 7 September 2021.
Important information

The Offer is not being made to persons whose participation in the Offer requires that any additional offer document is prepared or registration effected or that any other measures are taken in addition to those required under Swedish law. This press release and any documentation relating to the Offer are not being distributed and must not be mailed or otherwise distributed or sent in or into any country in which the distribution or offering would require any such additional measures to be taken or would be in conflict with any law or regulation in such country – any such action will not be permitted or sanctioned by Alpha Acquisition. Any purported acceptance of the Offer resulting directly or indirectly from a violation of these restrictions may be disregarded.

The Offer is not being made, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, New Zealand, South Africa, Switzerland or the United States of America by use of mail or any other means or instrumentality (including, without limitation, facsimile transmission, electronic mail, telex, telephone and the Internet) of interstate or foreign commerce, or of any facility of national security exchange, of Australia, Canada, Hong Kong, Japan, New Zealand, South Africa, Switzerland or the United States of America, and the Offer cannot be accepted by any such use, means, instrumentality or facility of, or from within, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa, Switzerland or the United States of America. Accordingly, this press release and any documentation relating to the Offer are not being and should not be mailed or otherwise distributed, forwarded or sent into Australia, Canada, Hong Kong, Japan, New Zealand, South Africa, Switzerland or the United States of America. Alpha Acquisition will not deliver any consideration from the Offer into Australia, Canada, Hong Kong, Japan, New Zealand, South Africa, Switzerland or the United States of America.

Statements in this press release relating to future status or circumstances, including statements regarding future performance, growth and other trend projections and the other benefits of the Offer, are forward-looking statements. These statements may generally, but not always, be identified by the use of words such as “anticipates”, “intends”, “expects”, “believes”, or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of Alpha Acquisition and ZetaDisplay.

[1] An investment fund managed by Hanover Investors (Malta) Limited (“Hanover”).