Statement regarding Hakon Invest’s mandatory takeover offer on Hemtex
The Board of Directors of Hemtex has deemed Hakon Invest’s offer of SEK 23 per share to be inadequate since the offer does not reflect the Board’s perception of the company’s long-term potential. Therefore, the Board recommends the shareholders not to accept the offer.On April 28, 2009, Hakon Invest AB (publ) (“Hakon Invest”) submitted a cash tender offer to the shareholders of Hemtex AB (publ) (“Hemtex”) in compliance with the Swedish rules for mandatory takeover offers. Hakon Invest offeres SEK 23 in cash per share together with an add-on premium of SEK 4 per share, which will be payable