M&A Activity • Mar 15, 2023
M&A Activity
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Nieuwegein, 15 March 2023
In view of the recent increase in trading volume and price of the shares of Ordina N.V. ("Ordina" or "the Company"), Ordina announces it is in discussions on a potential voluntary public offer for all issued and outstanding ordinary shares in the capital of the Company (the "Potential Transaction") with several parties on the basis of non-binding proposals it has received.
In accordance with their fiduciary duties, Ordina's Management Board and Supervisory Board ("the Boards") are carefully reviewing and analyzing all aspects of the proposals together with their financial and legal advisers. The review includes financial and non-financial conditions, amongst others the strategic merits, while taking into account the interests of Ordina and all its stakeholders, including its shareholders, employees and clients.
There is no certainty that an agreement will be reached with any party in relation to the Potential Transaction and the Boards may decide to continue with the stand-alone strategy. Further announcements will be made if and when appropriate.
This is a public announcement by Ordina pursuant to section 17 paragraph 1 of the European Market Abuse Regulation (596/2014). This public announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in Ordina.
Ordina is the digital business partner that harnesses technology and market know-how to give its clients an edge. We do this by using smart solutions to connect technology, business challenges and people. We help our clients to accelerate, to develop smart applications, to launch new digital services and ensure that people embrace those services. Ordina was founded in 1973. Its shares are listed on Euronext Amsterdam and are included in the Smallcap Index (AScX). In 2022, Ordina recorded revenue of EUR 429 million. You will find more information at www.ordina.com.
For additional information on this press release: Media relations UNEKE DEKKERS, CFF Communications M [email protected] T +31 650261626
ANNEKE HOIJTINK, Investor Relations M [email protected] T +31 615396873
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