Brief: Xplora Technologies Makes Cash Offer To Shareholders Of Doro

Xplora Technologies AS

27/09/2024 07:38

Sept 27 (Reuters) - Xplora Technologies AB  XPLORA.OL :
    * ANNOUNCED ON THURSDAY A RECOMMENDED PUBLIC OFFER TO THE
SHAREHOLDERS OF DORO AB TO TENDER ALL THEIR SHARES IN DORO AT A
PRICE OF SEK 34 IN CASH PER SHARE 
    * TOTAL VALUE OF THE OFFER, BASED ON THE 24,382,105 SHARES
IN DORO
NOT HELD BY DORO, AMOUNTS TO APPROXIMATELY SEK 829 MLN
    * SHAREHOLDERS OF DORO, WHO TOGETHER CONTROL AROUND 29.36%
OF ALL
SHARES AND VOTES IN DORO, HAVE SIGNED IRREVOCABLE UNDERTAKINGS
TO ACCEPT THE OFFER
    * ACCEPTANCE PERIOD IS ESTIMATED FROM 18 OCTOBER 2024 TO 8
NOVEMBER 2024

        
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