NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. PLEASE SEE IMPORTANT NOTICE AT THE END OF THIS COMMUNICATION
Reference is made to the notice issued on 25 September 2023, where Carasent ASA (the "Company”) launched an offer to buy back up to 7,962,052 shares in the Company (the "Offering").
Based on acceptances from shareholders, the Company intends to acquire shares in the Offering at a price expected around NOK 16 per share.
The Offering is carried out by means of a reverse book building process, which ends on 28 September 2023 at 16:30 (CEST). The Company reserves the right to close or extend the Application Period at its own discretion without further notice. The Company has mandated DNB Markets as sole bookrunner. Shareholders wanting to sell shares in the Offering are required to complete and send the acceptance form to DNB Markets at demand@dnb.no before 28 September 2023 at 16:30 (CEST). Existing customers of DNB Markets can contact DNB Markets at +47 24 16 90 20 with their respective volume and price targets.
The Company will in the event of receiving orders above 7,962,052 shares depending on the prices and volumes requested by shareholders, allocate shares at its discretion in accordance with the best interest of the Company, with the equal treatment of shareholders as the primary objective. The Company reserves the right to, at its own discretion to buy back fewer shares or no shares at all, to terminate the Offer or make any amendments regarding the volume or other terms of the contemplated Offer. The Company may further, at its sole discretion terminate, withdraw or extend the Offer at any time until notices of allocations have been sent.
For further details please contact: Svein Martin Bjørnstad, CFO Tel: +47 979 69 493, or Daniel Öhman, CEO Tel: +46 70-855 37 07
IMPORTANT NOTICE
The Offering will be carried out in accordance with applicable laws and regulations and information pertaining to the Offering will be disclosed by way of stock exchange notices.
The information contained herein about the Offering is considered to be inside information pursuant to the EU Market Abuse Regulation (MAR) and is subject to the disclosure requirements pursuant to MAR article 17 and section 5-12 of the Norwegian Securities Trading Act. This stock exchange release was published by Svein Martin Bjørnstad on 27 September 2023 at 16:50 (CEST).
Shareholders considering to tender their shares in the Offering are advised to consult with their own tax advisers with respect to the tax position in their country of residence or other jurisdictions to which they may have a tax liability as a result of a sale of shares in the Offering.
The Offer and the distribution of this announcement and other information in connection with the offer may be restricted by law in certain jurisdictions. The Company does not assume any responsibility in the event there is a violation by any person of such restrictions. Persons into whose possession this announcement or relevant information should come are required to inform themselves about and to observe any such restrictions. The offer is not being made directly or indirectly in, or by use of the mails of, or by any means or instrumentality of interstate or foreign commerce of, or any facilities of a national securities exchange of, the United States of America, its territories and possessions, any State of the United States and the District of Columbia (the "United States"). This includes, but is not limited to, facsimile transmission, internet delivery, e-mail and telephones. Copies of this release and any related documents are not being, and must not be, mailed, e-mailed or otherwise distributed or sent in or into the United States and so doing may invalidate any purported acceptance.
