Beskrivning
Land | Norge |
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Sektor | Informationsteknik |
Industri | Programvara |
2022-05-30 08:00:02
30.5.2022 08:00:00 CEST | Ørn Software Holding AS | Inside information
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.
EG Norge AS ("EG" or the "Offeror") and Ørn Software Holding AS ("Ørn Software"
or the "Company") hereby announce that EG contemplates launching a voluntary
cash offer to acquire all outstanding shares of Ørn Software at a price of NOK
6.25 per share (the "Offer"). The Board of Directors (The "Board") of Ørn
Software has unanimously decided to recommend the shareholders of the Company to
accept the Offer. The Offer is a result of a strategic process conducted by the
Board of Ørn Software in consultation with ABG Sundal Collier ASA and Pareto
Securities AS.
The offer price of NOK 6.25 per share of Ørn Software values the total share
capital of the Company at a market capitalization of NOK 619,175,400 (the "Offer
Price") on a fully diluted basis. The Offer Price represents:
60% above the 30-day volume weighted average price of NOK 3.905 ending 27 May
2022