NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA,
CANADA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE
WOULD BE UNLAWFUL.
London/Oslo, 9 March 2021
Reference is made to the offer document dated 22 January 2021 (the "Offer
Document") for the recommended voluntary offer by Dash Bidco AS (the "Offeror")
to acquire all outstanding shares of Infront ASA (the "Company" or "Infront")
against a consideration in cash of NOK 34.40 per share (the "Offer") as set out
in the stock exchange announcement on 25 January 2021, and to the stock exchange
announcement on 1 March 2021 regarding an increase of the offer price to NOK
40.00 per share (the "Increased Offer Price"), extension of the Offer Period and
update on the acceptances of the Offer. Reference is also made to the stock
exchange notice dated 8 March 2021 regarding extension of the acceptance period
for the Offer until 15 March 2021 at 16:30 hours (CET).
The Offeror (together with its affiliates) currently owns, or has, through
acceptances and pre-acceptances from shareholders and the agreement with the
founders of Infront, rights to, in total 33,358,053 shares in Infront,
representing in total 76.82% of the share capital of the Company. The Offeror
and its affiliates own 6,733,121 shares in the Company, representing 15.51% of
the share capital. Further, taken together with the shares to be acquired from
the two founders, Kristian Nesbak (CEO) and Morten Lindeman (CIO), shareholders
holding 26,624,932 shares in Infront, representing 61.31% of the shares, have
accepted or pre-accepted the Offer.
The complete terms and conditions for the Offer, including procedures for how to
accept the Offer and detailed information regarding settlement, are set out in
the Offer Document, with the Increased Offer Price and amended acceptance period
for the Offer as described herein and in previous stock exchange announcements.
As further detailed and specified in the Offer Document, the completion of the
Offer will be subject to certain conditions being satisfied or waived by the
Offeror (acting in its sole discretion).
The Offer Document is, subject to regulatory restrictions in certain
jurisdictions, available at www.dnb.no/emisjoner and www.infrontfinance.com.
DNB Markets, a part of DNB Bank ASA and Ernst & Young LLP are acting as
financial advisors to the Offeror, and DNB Markets, a part of DNB Bank ASA, is
acting as receiving agent. Advokatfirmaet Thommessen AS is Norwegian legal
adviser, and Travers Smith LLP is English legal adviser, to the Offeror in
connection with the Offer.
For further information, please contact:

Sarah Gestetner
Communications and Marketing Director, Inflexion
T. +44 (0)20 7487 9820

About Inflexion
Inflexion is a mid-market private equity firm, investing in high growth,
entrepreneurial businesses with ambitious management teams and working in
partnership with them to accelerate growth. Inflexion's flexible approach allows
it to back both majority and minority investments, investing £10m to £300m of
equity in each deal. With bespoke teams and dedicated capital, Inflexion's funds
invest across all sectors from offices in London, Manchester and Amsterdam.
Inflexion helps businesses achieve the next stage of their development through
international expansion, operational improvements, digital expertise, talent
management, access to Inflexion's networks and funding for acquisitions. Funds
advised by Inflexion Private Equity Partners LLP have funds under management of
c.£5.4bn.
About Infront
Infront offers a powerful combination of global market data, news, analytics and
trading tools. With the recent acquisition of vwd Group, Infront's product
coverage also includes data and feed solutions, solutions for portfolio
management and advisory, regulatory compliance as well as publication and
distribution solutions. Our more than 3,000 customers and over 90,000
professional users benefit from the highest level of expertise in regulation,
private wealth, market data and the frictionless interaction of the diverse
solutions and products covering their complete workflow. Approximately 500
employees apply their expertise to meet the challenges of our clients, ensuring
they continuously receive the best solutions and services.