Brief: Volue Updates on Edison Bidco's Tender Offer, NOK 42 Per Share

Volue ASA

04/09/2024 08:08

Sept 4 (Reuters) - Volue ASA  VOLUE.OL :
    * UPDATE ON ACCEPTANCES OF EDISON BIDCO AS' VOLUNTARY TENDER
OFFER
TO ACQUIRE ALL OF ISSUED AND OUTSTANDING SHARES IN VOLUE ASA FOR
NOK 42 PER SHARE
    * SUBJECT TO CUSTOMARY VERIFICATION, OFFEROR HAS RECEIVED
ORDINARY
ACCEPTANCES OF OFFER FOR A TOTAL OF 20,589,232 SHARES,
REPRESENTING APPROXIMATELY 14.3% OF ALL SHARES
    * INCLUDING SHARES UNDER IRREVOCABLE UNDERTAKINGS BY
ARENDALS
FOSSEKOMPANI ASA PURSUANT TO A CONTRIBUTION AGREEMENT ENTERED
INTO WITH OFFEROR AND IRREVOCABLE PRE-ACCEPTANCES FROM CERTAIN
SHAREHOLDERS IN VOLUE
    * OFFEROR HAS SECURED A TOTAL OF 116,702,706 SHARES,
ACCOUNTING
FOR APPROXIMATELY 81.1% OF ALL SHARES
    * OFFEROR CURRENTLY OWNS 0 SHARES

Source text for Eikon:  ID:nObi1tKf9a 
Further company coverage:  VOLUE.OL 

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