Marine Harvest ASA : MARINE HARVEST: REQUIRED ACCEPTANCE LEVEL OF 33.4 PER CENT IN THE OFFER FOR CERMAQ Reference is made to previous stock exchange notices regarding the offer from Marine Harvest ASA ("Marine Harvest") for all outstanding shares in Cermaq ASA ("Cermaq"). The Board of Directors in Marine Harvest has received substantial support for its intention to combine the two companies. In order to facilitate such a combination in the best possible way, the Board of Directors of Marine Harvest has decided to reduce the required acceptance level in the increased voluntary offer for Cermaq to 33.4 per cent; as was stated in the stock exchange notice as of 31 May 2013. The Board of Directors of Marine Harvest will furthermore put forward the offer without any condition regarding due diligence. Marine Harvest is offering 8.6 shares in Marine Harvest in addition to NOK 53.25 in cash per share in Cermaq. Other terms and conditions are stated in previous stock exchange notices and will be described in an offer document that is expected to be distributed later this week. The offer period will be initiated as soon as the offer document is approved by the Oslo Stock Exchange and available for distribution. The offer period is now expected to commence at 09.00 CET on 6 June 2013 and expire at 09.00 CET on 21 June 2013. This information is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. This information has been prepared by Marine Harvest. No representation or warranty (express or implied) of any nature is given, nor is any responsibility or liability of any kind accepted, with respect to the truthfulness, completeness or accuracy of any information, projection, statement or omission in this information. This information does not constitute, nor does it form part of, any offer or invitation to buy, sell, exchange or otherwise dispose of, or issue, or any solicitation of any offer to sell or issue, exchange or otherwise dispose of, buy or subscribe for, any securities. This information does not constitute investment, legal, tax, accountancy or other advice or a recommendation with respect to such securities, nor does it constitute the solicitation of any vote or approval in any jurisdiction. There shall not be any offer or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the applicable securities laws of any such jurisdiction (or under exemption from such requirements). This information is subject of the disclosure requirements pursuant to section5-12 of the Norwegian Securities Trading Act. ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Marine Harvest ASA via Thomson Reuters ONE HUG#1707211
Marine Harvest ASA : MARINE HARVEST: REQUIRED ACCEPTANCE LEVEL OF 33.4 PER CENT IN THE OFFER FOR CERMAQ
Press spacebar to pause and continue. Press esc to stop.