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09 February 2021, 09:10 CET
Independent statement pursuant to section 6-16 of the Norwegian Securities Trading Act
On 29 January 2021, Geveran Trading Co. Limited (“Geveran”) launched a mandatory offer to purchase all outstanding shares in Axactor SE at a price of NOK 8.00. The mandatory offer follows the issuance of the consideration shares for the acquisition of Geveran’s 50% equity interest in Axactor Invest 1, announced on 9 December 2020 and approved by the company’s EGM on 5 January 2021.
Oslo Børs is of the opinion that the offer has been made in concert with the Board of Axactor and has therefore, in its capacity as take-over supervisory authority, decided that the statement from Axactor on the mandatory offer shall be prepared by an independent expert. The company has engaged KPMG AS ("KPMG") to provide a statement on Axactor’s behalf in accordance with section 6-16 of the Norwegian Securities Trading Act. The appointment of KPMG has been approved by Oslo Stock Exchange.
For further information please contact:
Interim CFO | Chief of Strategy & IR
(+47) 478 39 405