The Offer is not being made, and this press release may not be distributed,
directly or indirectly, in or to, and no acceptances will be accepted from, or
on behalf of, shareholders in Australia, Hong Kong, Japan, Canada, New Zealand,
Switzerland, Singapore, South Africa or the United States of America or any
other country in which the making of the Offer, the distribution of this press
release or the acceptance of the Offer would be contrary to applicable laws or
regulations or would require the preparation of an additional offer document or
registration or registration or any other action in addition to that required by
Swedish law.
Press release on 26 September 2024
Xplora Technologies AS announces a recommended public cash offer to the
shareholders of DORO AB
Xplora Technologies AS, reg. no 916 752 628, (the "Bidder"), hereby announces a
recommended public offer (the "Offer") to the shareholders of DORO AB, reg. no.
556161-9429 ("Doro" or "Target company") to tender all their shares in Doro at a
price of SEK 34.00 in cash per share (the "Offer Price"). Doro's shares are
admitted to trading on Nasdaq Stockholm, Small Cap ("Nasdaq").
THE OFFER IN BRIEF
o The Bidder offers SEK 34.00 in cash per share in Doro. The total value of the
Offer, based on the 24,382,105 shares in Doro not held by Doro, amounts to
approximately SEK 828,991,570 (Doro holds 150,395 treasury shares as of the date
of this press release).
o The Offer price represents a premium of:
o approximately 34.6 per cent, compared to the volume-weighted average
share price of approximately SEK 25.3 for the Doro share on Nasdaq during the
last 30 trading days prior to the announcement of the Offer