Bifogade filer
Alpha Acquisition AB publishes offer document regarding the offer to the shareholders in ZetaDisplay AB
Prenumeration
Hanover Active Equity Fund II S.C.A. SICAV-RAIF (“the Hanover Fund”)[1], through Alpha Acquisition AB (“Alpha Acquisition” or the “Offeror”), announced on 28 June 2021 a recommended cash offer to the shareholders in ZetaDisplay AB (publ) (“ZetaDisplay” or the “Company”) to acquire all shares in ZetaDisplay at a price per share of SEK 27 (the “Offer”). On 21 July 2021, the Offeror announced that the Offeror has acquired shares from major shareholders and that the Offer, consequently, has been transformed into a mandatory offer. ZetaDisplay’s ordinary shares are listed on Nasdaq Stockholm, Small Cap, under the ticker symbol “ZETA”.
The offer document related to the Offer has today been approved and registered by the Swedish Financial Supervisory Authority. The offer document and the acceptance form are available on the Hanover Fund’s website (https://www.hanoverinvestors.com/microsite-disclaimer-ensw) and the Swedish Financial Supervisory Authority’s website (http://www.fi.se).
The acceptance period for the Offer commences on 27 July 2021 and ends on 3 September 2021. Alpha Acquisition reserves the right to, at one or multiple occasions, extend the acceptance period. Any extension of the acceptance period shall not delay the settlement for shareholders that have already accepted the Offer. Notice of any such extension or postponement will be published by Alpha Acquisition by way of press release.
Payment of the consideration is expected to begin around 10 September 2021.
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 08:45 CET on 26 July 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”).