Preliminary Results of Coronaria Oy's Public Tender Offer for All Shares Issued
by Silmäasema Oyj; Coronaria's Holding Increased to Approximately 81.9 Percent
Based on the Preliminary Results
Coronaria Oy
Stock Exchange Release
September 27, 2019 at 2:45 p.m. EEST
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH
AFRICA OR HONG KONG, OR IN ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER
WOULD BE PROHIBITED BY APPLICABLE LAW. FOR FURTHER INFORMATION, SEE SECTION
"IMPORTANT INFORMATION" BELOW.
Coronaria Oy ("Coronaria" or the "Offeror") has on September 5, 2019 commenced
a mandatory public tender offer to purchase all of the issued and outstanding
shares in Silmäasema Oyj ("Silmäasema") that are not held by the Offeror,
Silmäasema or any of its subsidiaries (the "Tender Offer"). The acceptance
period under the Tender Offer commenced on September 5, 2019 at 9:30 a.m.
(Finnish time) and expired on September 26, 2019 at 4:00 p.m. (Finnish time)
(the "Offer Period").
According to the preliminary results of the Tender Offer, Coronaria is pleased
to announce that the shares tendered in the Tender Offer represent
approximately 41.5% of all the shares and votes in Silmäasema. Together with
shares already held by Coronaria (including market purchases), this represents
in the aggregate approximately 81.9% of all shares in Silmäasema.
The Offeror will confirm and announce the final results of the Tender Offer on
or about October 1, 2019. In connection with the announcement of the final
results, the Offeror intends to commence a subsequent offer period in
accordance with the terms and conditions of the Tender Offer on a date to be
announced in the final result announcement.
The Offeror may purchase shares in Silmäasema during or after the offer period
also in public trading on Nasdaq Helsinki Ltd or otherwise outside the Tender
Offer.
FOR MORE INFORMATION, PLEASE CONTACT:
Teppo Lindén
CEO
Coronaria Oy
Tel. +358 400 684 119
teppo.linden@coronaria.fi
IMPORTANT INFORMATION
THIS RELEASE MAY NOT BE RELEASED OR OTHERWISE DISTRIBUTED, IN WHOLE OR IN PART,
DIRECTLY OR INDI-RECTLY, IN OR INTO, THE UNITED STATES, CANADA, JAPAN,
AUSTRALIA, SOUTH AFRICA OR HONG KONG OR IN ANY OTHER JURISDICTION IN WHICH THE
TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW.
THIS RELEASE IS NOT A TENDER OFFER DOCUMENT AND AS SUCH DOES NOT CONSTITUTE AN
OFFER OR INVI-TATION TO MAKE A SALES OFFER. IN PARTICULAR, THIS RELEASE IS NOT
AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES
DESCRIBED HEREIN, AND IS NOT AN EXTENSION OF THE TENDER OFFER, IN OR INTO, THE
UNITED STATES CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA OR HONG KONG. INVESTORS
SHALL ACCEPT THE TENDER OFFER FOR THE SHARES ONLY ON THE BASIS OF THE
INFORMATION PROVIDED IN A TENDER OFFER DOCUMENT. OFFERS WILL NOT BE MADE
DIRECTLY OR INDIRECTLY IN ANY JURISDICTION WHERE EITHER AN OFFER OR
PARTICIPATION THEREIN IS PROHIBITED BY APPLICABLE LAW OR WHERE ANY TENDER OFFER
DOCUMENT OR REGISTRATION OR OTHER REQUIREMENTS WOULD APPLY IN ADDITION TO THOSE
UNDERTAKEN IN FINLAND.© 2019 GlobeNewswire
