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Oslo, 20 December 2023:
Reference is made to the announcement made on 29 November 2023 by Ferd AS and
Tjaldur Holdco II AS (together, the "Investors"), acting through Minerva Topco
AS (the "Offeror"), regarding the issuance of an offer document (the "Offer
Document") and the start of the acceptance period (the "Offer Period") for the
tender cash offer to acquire all outstanding shares of Mintra Holding AS
("Mintra" or the "Company") not already owned by the Investors or to which the
Offeror is otherwise entitled, at a price of NOK 3.50 per share (the "Offer").
Reference is further made to the announcement on 18 December 2023 regarding the
results of the Offer following expiry of the extended Offer Period on 15
December 2023.
Today, the Norwegian Competition Authority has unconditionally approved the
transaction contemplated by the Offer. Accordingly, the closing condition for
the Offer "Regulatory approvals" has been satisfied, see sections 2.3 (ii) and
2.8 of the Offer Document. In addition, as previously communicated, the closing
conditions "Minimum acceptance" and "Change of control consents under financing
agreements" have been waived and satisfied, respectively.
This announcement constitutes a Settlement Notification in accordance with
section 2.5 of the Offer Document.
Settlement of the Offer is expected to take place on or about 22 December 2023.
Settlement of the Offer will continue to be subject to the following conditions
(as described in section 2.3 of the Offer Document) until the settlement of the
Offer: (iv) "Ordinary conduct of business"