Status update regarding the intented public offer for all DOCDATA N.V. shares
11 Mai 2016 - 8:00AM
This is a joint press release by
DOCDATA N.V. and Cocoondd B.V., pursuant to Section 7 Paragraph 1
of the Decree on Public Takeover Bids ('Besluit openbare biedingen
Wft', 'the Decree') in connection with the intended public offer by
Cocoondd B.V. for all the issued and outstanding ordinary shares in
the capital of DOCDATA N.V., not yet held by Cocoondd B.V. This
announcement and any related documentation does not constitute an
offer, or any solicitation of any offer, to buy or subscribe for
any securities in DOCDATA N.V. Any public offer will be made only
by means of an approved offer memorandum. This press release may
not be published, distributed or otherwise sent, in its entirety or
partly, directly or indirectly, in or into Australia, the United
States, Canada or Japan.
On 15 April 2016, Mr. D.E. Kat and DOCDATA N.V.
have announced with a joint press release to have reached
conditional agreement on a recommended public full offer by Mr.
D.E. Kat, acting on his own behalf or on behalf of an acquisition
vehicle to be specified, for all issued and outstanding ordinary
shares of DOCDATA N.V. ('the Offer'). Meanwhile, Mr. D.E. Kat has
designated the private limited liability company Cocoondd B.V.,
incorporated on 29 April 2016 and established in Bergen
(Noord-Holland, The Netherlands), as acquisition vehicle. All
shares in the capital of Cocoondd B.V. are held by Mr. D.E. Kat.
Mr. D.E. Kat personally guarantees the financial liabilities of
Cocoondd B.V. under the Offer.
Pursuant to Section 7 Paragraph 1 of the Decree, a
public announcement is required within four weeks after
announcement of the intended public offer. In this respect,
Cocoondd B.V. and DOCDATA N.V. announce the following.
Cocoondd B.V. and DOCDATA N.V. confirm that they
are making good progress with the necessary preparations with
regard to making the Offer. Cocoondd B.V. expects to submit a draft
offer memorandum for approval to the Authority for the Financial
Markets ('the AFM') beginning of June 2016, but will do so no later
than 8 July 2016, being the ultimate date for the submission of the
draft offer memorandum pursuant to the Decree.
Currently, Cocoondd B.V. owns 1,869,014 ordinary
shares in the capital of DOCDATA N.V., representing a share
interest of 26.7%.
The information in this press release is not
intend to be exhaustive. For further information explicit reference
is made to the offer memorandum, which will be published if and
when the Offer is made. The offer memorandum will contain the
details of the Offer.
Please click the link below to download the press
release.
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The listed DOCDATA N.V. exists, after the
completion in December 2015 of the sales transactions of the two
completely autonomous lines of business Docdata and IAI, solely of
the Company DOCDATA N.V. itself.
Waalwijk, The Netherlands, 11 May 2016
Further information: DOCDATA
N.V., M.E.T. Verstraeten, CFO, Tel. +31 416
631 100
Corporate website: www.docdatanv.com
Further information:
Cocoondd B.V., registered in Bergen (Noord-Holland, The
Netherlands)
Spokesman:
B.A.M. van Hedel, Tel. +31 (0)6 53
37 90 84
Press release 11 May 2016
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: DOCDATA N.V. via Globenewswire
HUG#2010754