As announced in company announcement no. 7/2021
Completion of the transaction was subject to confirmatory due diligence on a couple of matters, retention of management and other customary closing conditions. This has been done with satisfactory results and the parties have agreed to carry out the transaction as agreed.
The agreed acquisition price for the shares is EURm 8, and preliminary adjustments made for net debt and normalization of working capital have been calculated at 0.7 mEUR. A total of 8.7 mEUR has been paid today, of which 1.5 mEUR is withheld via Escrow agreement as security for the seller’s warranty obligations for 18 months from today’s date.
As previously announced
With the relocation,
Frederikshavn,
Roblon A/S
Jørgen Kjær Jacobsen Lars Østergaard
Chairman of the Board Managing Director and CEO
Enquiries regarding this announcement should be addressed to:
Managing Director and CEO Lars Østergaard, tel. +45 9620 3300
Attachment
- Company Announcement no 1 - 2022
![](https://ml-eu.globenewswire.com/media/YTk3MGFiMGMtZjBlMS00ZGQ1LWE3YWQtMTU3ZmNmM2NhNTdlLTEwMTE4NzU=/tiny/Roblon-A-S.png)
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