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Offer to acquire Cxense ASA – extension of acceptance period, update on acceptances and financing

We refer to the offer document dated 12 August 2019 (the "Offer Document") for the voluntary offer (the "Offer") presented by Piano Software B.V. ("Piano" or the "Offeror") for all the outstanding shares in Cxense ASA ("Cxense"). Piano hereby announces that the acceptance period for the Offer, cf. the Offer Document section 4.2 Acceptance Period, is extended by one week, and that the new time of expiration of the Offer is Tuesday 17 September 16:30 CEST. Provided that the acceptance period is not further extended, (i) the Offeror must at the latest on 24 September 2019 publicly announce fulfillment or waiver of the completion conditions in the Offer Document section 4.3 Completion Conditions (if not, the Offer shall lapse and any tendered shares shall be released by the Offeror), and (ii) settlement of the Offer will be made at the latest on Tuesday 1 October 2019. The acceptance period, may, however, be further extended; the last possible expiry of the acceptance period being 22 October 2019. Piano has, shortly before the time of release of this announcement, received acceptances of the Offer for a total of 19,883,451 of the 21,946,519 shares, equal to 89.91 percent of the outstanding shares, in Cxense.

sus
Fru Blom
Redigert 10.09.2019 kl 18:03 Du må logge inn for å svare

Da har de lyktes med kupp-forsøket. Og må dessverre kaste håndkleet.

Offer to acquire Cxense ASA - update on acceptances received

We refer to the offer document dated 12 August 2019 (the "Offer Document") for the voluntary offer (the "Offer") presented by Piano Software B.V. ("Piano" or the "Offeror") for all the outstanding shares in Cxense ASA ("Cxense"), and the stock exchange release dated 10 September 2019 regarding extension of the Offer, etc. Piano had on 11 September 2019 at 10.10 CEST received acceptances of the Offer for a total of 19,946,742 of the 21,946,519 shares, equal to 90.89 percent of the outstanding shares, in Cxense

sus
Fru Blom
Redigert 11.09.2019 kl 12:07 Du må logge inn for å svare