Reference is made to the mandatory offer (the “Offer”) from Rieber & Søn AS (the “Offeror”) to acquire all shares in Q-Free ASA (“Q-Free” or the “Company”) at an offer price of NOK 6.20 per share pursuant to an offer document dated 24 November 2022.
The acceptance period in the Offer expired today, 23 December 2022, at 16:30 (CET).
On 23 December 2022, the Offeror received acceptances for a total of 13,162,195 shares and votes in Q-Free. Upon expiry of the offer period, the Offeror has received acceptances for a total of 13,772,021 shares and votes in Q-Free (inadvertently, it has previously been booked 3,259,518 acceptances too much). In addition, the Offeror owns a total of 56,069,283 shares in the Company. Following completion of the Offer, the Offeror will hold 69,841,304 shares in Q-Free, equal to approximately 62.78 % of the total number of 111,244,416 issued shares in the Company. The number of acceptances received in the Offer may change based on final counting.
In accordance with section 4.11 (“Settlement”) of the Offer Document, settlement of the Offer will be made in NOK as soon as reasonably possible and no later than two weeks after the expiry of the acceptance period in the Offer, being 6 January 2022.
The Offeror is a close associate of Trond Valvik, Chair of the board in Q-Free.
Please see attached notification form in accordance with the Market Abuse Regulation article 19.
This notification has been submitted pursuant to the Securities Trading Act section 5-12.