NASDAQ : Ograi’s offer to the shareholders of Opus has been declared unconditional and Opus will convene an extraordinary general meeting

Ograi's offer to the shareholders of Opus has been declared unconditional and Opus will convene an extraordinary general meeting

On December 2, 2019, Ograi BidCo AB ('Ograi') announced a public offer to the
shareholders of Opus Group AB ('Opus') to sell all shares in Opus to Ograi at a
price of SEK 7.75 in cash per Opus share. On December 20, 2019, Ograi announced
an increase of the Offer to SEK 8.50 in cash per Opus share (the 'Offer').
On January 16, 2020, Ograi announced that it now controls shares in Opus
corresponding to approximately 79.4 per cent of the shares and votes in Opus and
declared the Offer unconditional. The acceptance period has been extended to
February 13, 2020.

The Board of Directors of Opus has received a request from Ograi that the Board
convene an extraordinary general meeting, to be held on February 20, 2020, in
order to consider an election of new members of the Board. Such notice convening
an extraordinary general meeting will be issued within short.

Gothenburg, January 16, 2020
Opus Group AB (publ)

For additional information, please contact:
Helene Carlson, Director of Corporate Communications & Investor Relations
Tel: [phone]
E-mail: [e-mail]

Katarina Bonde, Chairman of the Board
E-mail: [e-mail]

About Opus
Opus is a technology-driven growth company in the vehicle inspection and
intelligent vehicle support markets. The company has a strong focus on customer
service and innovative technology within emission and safety testing and
intelligent vehicle support. Opus had approximately SEK 2.5 billion in revenues
in 2018 with solid operating profit and cash flow. Opus' goal is to reach an
annual revenue growth of 5-10 percent, through organic and acquisitive growth
based on 3-year CAGR, and an EBITA margin of 15 percent. The majority of the
growth is estimated to come from the international expansion of the vehicle
inspection business, with a primary focus on the Latin American and Asian
markets, and the expansion of the intelligent vehicle support business. With
approximately 2,600 employees, Opus is headquartered in Gothenburg, Sweden. Opus
has 34 regional offices, 24 of which are in the United States and the others in
Sweden, Argentina, Chile, Mexico, Peru, Pakistan, United Kingdom, Spain and
Australia. Opus has production facilities in the U.S. in Hartford, Ann Arbor and
Tucson. The shares of Opus Group are listed on Nasdaq Stockholm.

Attachments:
01160498.pdf