Frøy ASA — M&A Activity 2023

Aug 16, 2023

Mandatory offer and compulsory acquisition – offer document approved

Mandatory offer and compulsory acquisition – offer document approved

Oslo Børs, in capacity as take-over supervisory authority, has approved the offer set out in the offer document dated 16 August 2023 in respect of:

Mandatory offer to acquire the shares in Frøy ASA made by Falcon Bidco. AS

Offer price: NOK 76.50 per share in cash

Offer period: From and including 17 August 2023 to 16:30 hours (CEST) on 14 September 2023 (subject to extension)

The offer document also includes an offer of redemption price under a compulsory acquisition in accordance with section 4-25 of the Norwegian Public Limited Companies Act.

Redemption amount: NOK 76.50 per share in cash

Objection deadline: Up to and including 16 October 2023

Receiving agent: Nordea Bank Abp, filial i Norge