NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTOAUSTRALIA ,CANADA ORJAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.Brussels, Belgium andOslo, Norway -14 April 2020 Reference is made to the stock exchange announcement of6 April 2020 regarding the preliminary results of AKKA Technologies SE's ("AKKA", the "Offeror") mandatory offer for all shares inData Respons ASA ("Data Respons ") not owned by AKKA, against a settlement in cash ofNOK 48.00 per share (the "Offer") as described in the offer document dated6 March 2020 (the "Offer Document"). Following final registration of acceptances, the acceptance level in the Offer is 4,291,544 shares, representing approximately 5.68% of the total shares and voting rights ofData Respons . Taking into account AKKA's 16,807,577 shares inData Respons and shares acquired by AKKA in connection with its voluntary offer completed on21 February 2020 , AKKA will upon completion of the Offer control 74,880,729 shares and voting rights representing approximately 99.17% of the total shares and voting rights inData Respons . The settlement of the Offer is expected to take place on or about15 April 2020 . Given that AKKA holds more than 90% of the share capital ofData Respons , a compulsory acquisition (squeeze out) of the remaining shares not owned by AKKA and a delisting will be carried out in due course. For further information, please contact:Dov Levy : + 32(0) 2 712 61 24 VP Investor Relations of AKKAMarkus Leutert : + 32(0) 4 96 26 27 55 Group Head of Communications or AKKAJ.P. Morgan Securities Plc is acting as financial adviser to the Offeror andDNB Markets , a part ofDNB Bank ASA , is acting as domestic financial advisor and receiving agent.Advokatfirmaet Thommessen AS is the Norwegian legal adviser to the Offeror in connection with the Offer. The Offer Document contains further details regarding the Offer, and theData Respons shareholders are advised to review the Offer Document in detail. The Offer and the distribution of this announcement and other information in connection with the Offer may be restricted by law in certain jurisdictions and the Offer is not made in any jurisdiction where the making of the Offer would not be in compliance with the laws of such jurisdiction. The Offeror assumes no responsibility in the event there is a violation by any person of such restrictions. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions. This announcement does not in itself constitute an offer. The Offer is made in the Offer Document and can only be accepted pursuant to the terms of such document.
Click here for more information
© Oslo Bors ASA, source