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HansaMatrix M&A Activity 2023

Feb 20, 2023

2239_rns_2023-02-20_6ee0cd0b-ff31-4a03-ad19-9905d5ff7fb7.html

M&A Activity

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Additional information about HansaMatrix voluntary takeover bid

As recently announced, on 17.02.2023 Bank of Latvia has received SIA Emsco application to receive permission for expressing the voluntary takeover bid for AS “HansaMatrix" shares in accordance with the Share Buyback Law Article 15, paragraph 1.

HansaMatrix informs that SIA Emsco plans to acquire at least 75% of HansaMatrix voting shares and that in case the voluntary share purchase offer is successful, SIA Emsco intends to propose the delisting of HansaMatrix from the regulated market. Please see full annoucement in english: http://bit.ly/3ScPMMs.

Investor and media contact:

Māris Macijevskis, CFA

Management Board Member, Finance director

Phone: (+371) 6780 0002

E-mail: [email protected]

http://www.hansamatrix.com

About HansaMatrix

HansaMatrix is a fast-growing, high-technology company offering product design, industrialization and complete manufacturing services in data networking, Internet of Things, industrial and other high added value business sectors.