Hexagon owns and has received pre-acceptances and acceptances for a total of 51.2 per cent of the shares of Veripos

  Hexagon owns and has received pre-acceptances and acceptances for a total of
  51.2 per cent of the shares of Veripos

Business Wire

NACKA STRAND, Sweden -- January 24, 2014

Regulatory News:

Reference is made to the stock exchange notice from Hexagon AB (STO:HEXAB) on
20 December 2013 (the “Announcement”) related to the recommended unconditional
cash offer for the remaining shares in Veripos Inc. (“Veripos”) not already
owned by Hexagon Acquisition Ltd. (the “Offer”), an indirectly wholly owned
subsidiary of Hexagon AB (Hexagon AB and Hexagon Acquisition Ltd. hereinafter
jointly referred to as “Hexagon”), and the offer document related to the Offer
dated 23 December 2013.

Hexagon currently owns 9,092,490 shares in Veripos, representing 27.4 per cent
of the outstanding shares of Veripos. As communicated in the Announcement,
Hexagon has received pre-acceptances of the Offer from shareholders holding an
additional 853,569 shares, representing 2.6 per cent of the outstanding shares
in Veripos. Hexagon has further, as per today, received acceptances of the
Offer from shareholders holding an additional 7,009,706 shares, representing
21.2 per cent of the outstanding shares of Veripos. Accordingly, Hexagon owns,
has received pre-acceptances and has, as per today, received acceptances for
16,955,765 shares, representing 51.2 per cent of the total shares in Veripos.

The acceptance period for the Offer expires on 29 January 2014, subject to
further extensions, but however not beyond 7 February 2014.

SEB Corporate Finance is acting as financial adviser for Hexagon.

Hexagon (NASDAQ OMX Stockholm: HEXA B) is a leading global provider of design,
measurement and visualisation technologies. Our customers can design, measure
and position objects, and process and present data, to stay one step ahead of
a changing world. Hexagon’s solutions increase productivity, enhance quality
and allow for faster, better operational decisions, saving time, money and
resources. Hexagon has more than 14,000 employees in over 40 countries and net
sales of about 2,400 MEUR. Our products are used in a broad range of
industries including surveying, power and energy, aerospace and defence,
construction, safety and security, automotive and manufacturing. Learn more at
www.hexagon.com.

This information was brought to you by Cision http://news.cision.com

Contact:

Hexagon AB
Carl Gustafsson
Investor Relations Manager
+46 8 601 26 27
ir@hexagon.com
or
Kristin Christensen
Vice President, Corporate Communications
+1 404 554 0972
media@hexagon.com
or
SEB Corporate Finance
Karl Skjelbred
+47 21 00 85 78
karl.skjelbred@seb.no
or
Jo Isaksen
+47 21 00 85 41
jo.isaksen@seb.no
 
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