VOLUNTARY CASH OFFER FOR ALL SHARES OF SIMTRONICS ASA
Simtronics ASA ("Simtronics", OSE: SIMTRO) today announced that Autronica Fire and Security AS ("Autronica"), a subsidiary of UTC Fire & Security, has agreed to put forward a voluntary cash offer for all issued shares of Simtronics not already held by Autronica. The NOK 1.90 per share offer is supported by Simtronics’ Board of Directors, who have entered into a Transaction Agreement with Autronica, setting out the terms and conditions for the offer. The cash payment of NOK 1.90 per share values the total issued share capital of Simtronics at approximately NOK 132 million. The offer