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| Land | Norge |
|---|---|
| Lista | OB Match |
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| Industri | Kommunikation |
2018-10-10 16:55:15
Oslo, 10 October 2018: Reference is made to the announcement dated 9 October 2018 in connection with settlement of the voluntary offer from Victory Partners VIII Norway AS (the "Offeror") to acquire all shares in Link Mobility Group ASA (the "Company"). Following the completion of the voluntary offer, the Offeror became the owner of 14,729,293 shares in the Company, representing approximately 97.57% of the shares and votes in the Company. The Board of Directors of the Offeror has, effective from after close of trading on the Oslo Stock Exchange on 10 October 2018, resolved to carry out a compulsory acquisition of all remaining shares in the Company not owned by the Offeror pursuant to section 4-25 of the Norwegian Public Limited Liability Companies Act, cf. section 6-22 (3) of the Norwegian Securities Trading Act. As a consequence, the Offeror has assumed ownership of all shares in the Company. The offered redemption price under the compulsory acquisition is NOK 225 per share. The offered redemption price corresponds to the offer price in the completed voluntary offer to acquire all shares in the Company. Danske Bank, Norwegian branch has furnished a guarantee for the settlement under the compulsory acquisition in accordance with the Norwegian Securities Trading Act section 6-22 (3) no. 3. Any objections to, or rejections of, the offered redemption price must be raised on or before 12 December 2018. Former shareholders in the Company who do not object to, or reject, the offered redemption price within this deadline will lose their right to object to, or reject, the offered redemption price and are deemed to have accepted the offer, including the offered price. Settlement of the offer price to the minority shareholders will take place 17 October 2018. A letter regarding the compulsory acquisition will be sent to all former shareholders subject to the compulsory transfer whose addresses are known. In addition, the compulsory acquisition will be announced through the electronic notice service of the Norwegian Register of Business Enterprises (Nw. Brønnøysundregistrene). As a consequence of the compulsory acquisition, the Board of Directors of the Offeror will pursue a de-listing of the shares in the Company from the Oslo Stock Exchange. Separate stock exchange notices will be published regarding the timing for such delisting. Advokatfirmaet BAHR, DLA Piper and Paul Hastings are acting as legal advisors to Victory Partners VIII Norway AS in connection with the voluntary offer and the compulsory acquisition. *** This information is subject to the disclosure requirements set out in section 6-19 of the Norwegian Securities Trading Act.