Hexagon holds 27.4 per cent of Veripos and contemplates to continue purchases at NOK 34 per share until reaching total holding of 11,030,529 shares
Reference is made to the stock exchange notice from Hexagon AB (“Hexagon”) yesterday where Hexagon announced its intention to acquire up to 3,900,000 shares reaching a total holding of 11,030,529 shares in Veripos Inc. (“Veripos”). Hexagon has today acquired or agreed to acquire 1,961,961 shares in Veripos, representing 5.92 per cent of the outstanding shares of Veripos. The shares were acquired at a price of NOK 34 per share. Following completion of the acquisition, Hexagon holds 9,092,490 shares in Veripos, representing 27.44 per cent of the outstanding shares of Veripos.
As set out in the stock exchange notice from Hexagon yesterday, Hexagon contemplates to acquire shares up to a total holding of 11,030,529 shares, representing 33.3 per cent of the outstanding shares of Veripos. Shareholders that would like to sell their shares to Hexagon for NOK 34 per share can contact SEB on +47 21 00 85 32. The contemplated purchase may be closed at short notice at the full discretion of SEB, acting as manager.
SEB Corporate Finance is acting as financial adviser to Hexagon.
For further information please contact:
Mattias Stenberg, Vice President, Strategy and Communications, Hexagon AB,
+46 8 601 26 27, ir@hexagon.com
Kristin Christensen, Vice President, Corporate Communications, Hexagon AB,
+1 404 554 0972, media@hexagon.com
Karl Skjelbred, SEB Corporate Finance,
+47 21 00 85 78, karl.skjelbred@seb.no
Jo Isaksen, SEB Corporate Finance,
+47 21 00 85 41, jo.isaksen@seb.no
Hexagon (NASDAQ OMX Stockholm: HEXA B) is a leading global provider of design, measurement and visualisation technologies. Our customers can design, measure and position objects, and process and present data, to stay one step ahead of a changing world. Hexagon’s solutions increase productivity, enhance quality and allow for faster, better operational decisions, saving time, money and resources. Hexagon has more than 14,000 employees in over 40 countries and net sales of about 2,400 MEUR. Our products are used in a broad range of industries including surveying, power and energy, aerospace and defence, construction, safety and security, automotive and manufacturing. Learn more at www.hexagon.com.
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