Brief: DNV Extends Offer Period For Voluntary Recommended Public Cash Tender Offer For All Shares, Stock Options In Nixu

Nixu Oyj

05/04/2023 14:05

April 5 (Reuters) - Nixu Oyj  NIXU.HE :
    * DNV EXTENDS OFFER PERIOD FOR VOLUNTARY RECOMMENDED PUBLIC
CASH
TENDER OFFER FOR ALL SHARES AND STOCK OPTIONS IN NIXU
    * OFFER PERIOD FOR TENDER OFFER COMMENCED ON FEBRUARY 28,
2023, AT
9:30 A.M. (FINNISH TIME) AND ITS ORIGINAL EXPIRY DATE IS APRIL
17, 2023, AT 4:00 P.M. (FINNISH TIME)
    * FOREIGN DIRECT INVESTMENT REVIEW PROCESS IN FINLAND
REMAINS
PENDING, AND OFFEROR CANNOT COMPLETE TENDER OFFER UNTIL APPROVAL
IS RECEIVED
    * OFFEROR REMAINS CONFIDENT THAT REQUISITE APPROVAL WILL BE
RECEIVED ONCE MINISTRY OF ECONOMIC AFFAIRS AND EMPLOYMENT OF
FINLAND HAS CONCLUDED ITS REVIEW
    * PENDING APPROVAL, OFFEROR HAS DECIDED TO EXTEND OFFER
PERIOD FOR
TENDER OFFER TO EXPIRE ON MAY 3, 2023, AT 4:00 P.M. (FINNISH
TIME), UNLESS OFFER PERIOD IS EXTENDED FURTHER, OR ANY EXTENDED
OFFER PERIOD IS DISCONTINUED IN ACCORDANCE WITH, AND SUBJECT TO,
TERMS AND CONDITIONS OF TENDER OFFER AND APPLICABLE LAWS AND
REGULATIONS
    * OFFEROR WILL ANNOUNCE FURTHER UPDATES IN RESPECT OF
APPROVAL
FROM MINISTRY OF ECONOMIC AFFAIRS AND EMPLOYMENT OF FINLAND AS
SOON AS PRACTICABLE
    * TENDER OFFER IS STILL EXPECTED TO BE COMPLETED DURING Q2
OF 2023

Source text for Eikon:  ID:nWkr3VsV4G 
Further company coverage:  NIXU.HE 

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