Beskrivning
Land | Norge |
---|---|
Lista | Euronext Growth Oslo |
Sektor | Råvaror |
Industri | Olja & gas |
2024-09-04 08:00:00
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, NEW ZEALAND, SOUTH AFRICA, HONG
KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR
DISTRIBUTION WOULD BE UNLAWFUL.
4 September 2024: Reference is made to the joint announcement made by Beerenberg
AS ("Beerenberg" or the "Company") and Altrad Investment Authority S.A.S
("Altrad" or the "Offeror") on 21 August 2024 regarding the board recommended
unregulated voluntary cash offer to acquire all outstanding shares in the
Company (the "Shares"), not already owned by the Offeror, at a price of NOK 41.5
per share (the "Offer Price") (the "Offer"). The Board of Directors of the
Company unanimously recommends the shareholders of the Company to accept the
Offer. Furthermore, Camar Invest 3 AS, certain Board members, the CEO, CFO and
the EVP Tender of the Company, together representing approx. 19.56% of the
Shares, have irrevocably undertaken to accept the Offer.
The Offer Price represents:
(i) A premium of 57.8% to the unaffected closing price of the Beerenberg share
on the last trading day prior to the announcement of the disposal of the 24.72%
stake in the Company, i.e. 4 July 2024 of NOK 26.3