Orkla ASA: Preliminary results of Orkla's tender offer for Kotipizza

Reference is made to the stock exchange release on 22 November 2018 where Orkla announced that it had entered into a combination agreement pursuant to which Orkla undertook to make a voluntary public tender offer to purchase all of the issued and outstanding shares in Kotipizza Group Oyj ("...

London, 16/01/2019 (informazione.news - comunicati stampa - cibi e bevande)

Reference is made to the stock exchange release on 22 November 2018 where Orkla announced that it had entered into a combination agreement pursuant to which Orkla undertook to make a voluntary public tender offer to purchase all of the issued and outstanding shares in Kotipizza Group Oyj (" " and the " "). The offer period under the Tender Offer expired on 15 January 2019.

According to the preliminary results of the Tender Offer, the shares tendered in the Tender Offer, together with Kotipizza shares acquired by Orkla through market purchases, represent approximately 98.4% of all the shares and votes in Kotipizza.

Provided that the final results of the Tender Offer confirm that the shares tendered in the Tender Offer, together with any other Kotipizza shares acquired by Orkla through market purchases, represent more than 90% of all shares in Kotipizza and all other conditions to completion of the Tender Offer continue to be fulfilled at such time or are waived, Orkla will complete the Tender Offer in accordance with its terms and conditions.

Orkla will confirm and announce the final results of the Tender Offer on or about 18 January 2019.

Orkla ASA
Oslo, 16 January 2019

Håkon Mageli
Tel.: +47 928 45 828

Thomas Ljungqvist
Tel.: +47 48 25 96 18

Rabbe Wikström
Tel: +358 20785 4002

Tommi Tervanen
Tel: +358 207 716 743

Timo Pirskanen
Tel: +358 207 716 747