Elettronica
Status update regarding the intented public offer for all DOCDATA N.V. shares
On 15 April 2016, Mr. D.E. Kat and DOCDATA N.V. have announced with a joint press release to have reached conditional agreement on a recommended public full offer by Mr. D.E. Kat, acting on his own behalf or on behalf of an acquisition vehicle to be specified, for all issued and outstanding ordinary shares of DOCDATA N.V. ('the Offer'). Meanwhile, Mr. D.E. Kat has designated the private limited liability company Cocoondd B.V., incorporated on 29 April 2016 and established in Bergen (Noord-Holland, The Netherlands), as acquisition vehicle. All shares in the capital of Cocoondd B.V. are held by Mr. D.E. Kat. Mr. D.E. Kat personally guarantees the financial liabilities of Cocoondd B.V. under the Offer.
Pursuant to Section 7 Paragraph 1 of the Decree, a public announcement is required within four weeks after announcement of the intended public offer. In this respect, Cocoondd B.V. and DOCDATA N.V. announce the following.
Cocoondd B.V. and DOCDATA N.V. confirm that they are making good progress with the necessary preparations with regard to making the Offer. Cocoondd B.V. expects to submit a draft offer memorandum for approval to the Authority for the Financial Markets ('the AFM') beginning of June 2016, but will do so no later than 8 July 2016, being the ultimate date for the submission of the draft offer memorandum pursuant to the Decree.
Currently, Cocoondd B.V. owns 1,869,014 ordinary shares in the capital of DOCDATA N.V., representing a share interest of 26.7%.
The information in this press release is not intend to be exhaustive. For further information explicit reference is made to the offer memorandum, which will be published if and when the Offer is made. The offer memorandum will contain the details of the Offer.
Please click the link below to download the press release.
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The listed DOCDATA N.V. exists, after the completion in December 2015 of the sales transactions of the two completely autonomous lines of business Docdata and IAI, solely of the Company DOCDATA N.V. itself.
Waalwijk, The Netherlands, 11 May 2016
Further information: DOCDATA N.V., , CFO, Tel. +31 416 631 100
Corporate website: www.docdatanv.com
Further information: Cocoondd B.V., registered in Bergen (Noord-Holland, The Netherlands)
Spokesman: , Tel. +31 (0)6 53 37 90 84
Copyright GlobeNewswire
Attachment(s)
http://hugin.info/161129/R/2010754/744439.pdf
Regulatory News
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
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