Brief: Kangaroo Bidco Announces Prelim Result Of Its Final Cash Offer For Kahoot

Kahoot ASA

09/10/2023 07:22

Oct 9 (Reuters) - Kahoot ASA  KAHOT.OL :
    * KANGAROO BIDCO ANNOUNCES PRELIMINARY RESULT OF THE
RECOMMENDED
VOLUNTARY BEST AND FINAL CASH OFFER ON ALL SHARES IN KAHOOT! ASA
    * AT EXPIRY OF OFFER PERIOD, OFFEROR HAD RECEIVED
ACCEPTANCES OF
OFFER FOR A TOTAL OF 251,586,628 SHARES
    * TAKEN TOGETHER WITH 148,015,955 SHARES TO WHICH OFFEROR IS
CONDITIONALLY ENTITLED PURSUANT TO INVESTMENT AGREEMENT EQUALS
399,602,583 SHARES
    * OFFEROR CURRENTLY ANTICIPATES THAT REGULATORY APPROVALS
CONDITION WILL BE SATISFIED ON 11 OCTOBER 2023
    * 399,602,583 SHARES IS EQUIVALENT TO ABOUT 81.08% OF SHARE
CAPITAL AND VOTING RIGHTS IN COMPANY

Source text for Eikon:  ID:nObiSz2Dya 
Further company coverage:  KAHOT.OL 

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