GeoJunxion closes sale of its entire business, dissolves and will be delisted
15 Janvier 2024 - 6:30PM
GeoJunxion closes sale of its entire business, dissolves and will
be delisted
This is a joint press release by GeoJunxion N.V.
(in liquidation) (GeoJunxion) and Road Runner B.V. in connection
with (i) the completion of the announced sale of all issued and
outstanding ordinary shares in the share capital of GeoJunxion
B.V., GeoJunxion’s sole operating entity, (ii) GeoJunxion’s
dissolution and (iii) GeoJunxion’s delisting from Euronext
Amsterdam. This announcement does not constitute an offer, or any
solicitation of any offer, to buy or subscribe for any securities
in GeoJunxion. This announcement is not for release, publication or
distribution, in whole or in part, in or into, directly or
indirectly, in any jurisdiction in which such release, publication
or distribution would be unlawful.
GeoJunxion closes sale of its entire
business, dissolves and will be
delisted
Capelle aan den IJssel, the Netherlands,
15 January 2024
With reference to the sale of all issued and
outstanding ordinary shares in the share capital of GeoJunxion
B.V., as announced and described in the joint Press Release on 26
October 2023 and subsequently approved by the Extra-Ordinary
General Shareholder Meeting (EGM) on 12 December 2023, GeoJunxion
and Road Runner B.V. jointly announce that the transaction has
completed today, 15 January 2024.
As a result of completion of the transaction,
GeoJunxion has been dissolved and JTC Liquidator has been appointed
as liquidator.
Upon completion, JTC Liquidator has resolved to
make an advance liquidation distribution of EUR 1.10 per ordinary
share in GeoJunxion.
GeoJunxion and Road Runner B.V. inform the
holders of ordinary shares in GeoJunxion N.V. that holders do not
have to take any action to receive the advance liquidation
distribution, as this is an automatic procedure for which the funds
will be deposited into the investments accounts that hold the
corresponding GeoJunxion shares.
GeoJunxion and Road Runner B.V. inform the
holders of ordinary shares in GeoJunxion N.V. that the next steps
and key dates will be the following:
- Wednesday 17 January 2024:
last date of trading of shares in GeoJunxion on Euronext
Amsterdam
- Thursday 18 January 2024:
ex-dividend date for the purpose of the distribution
- Thursday 18 January 2024: all
shares delisted from Euronext Amsterdam
- Friday 19 January 2024:
record date for the purpose of the distribution
- Monday 22 January 2024:
distribution payment of EUR 1.10 per share, reflecting the cash
sale proceeds (to all shareholders except for purchaser-related
shareholders)
GeoJunxion: Rivium Quadrant 75
2909LC Capelle aan den IJssel The Netherlands
GeoJunxion Press Contact Tel:
+31 (0)10 885 1200
Email: info@geojunxion.com
About GeoJunxion GeoJunxion is
the crossroads where fundamental, location-aware content connects
with superior, customised intelligence and highly focused
innovations to empower exceptional experiences. With an emphasis on
safety and sustainability, we are constantly expanding our
portfolio to meet the demands of a diverse and fast-evolving
market. Building on decades of experience in mapping, the company
focuses on high value, dynamic content and building environmentally
conscious applications, which enrich safety in everyday life. With
location-aware content at our core, we know where our strengths lie
and have the know-how and technology needed to offer unrivalled,
intelligent products and services. GeoJunxion is listed on the
regulated market of Euronext Amsterdam, under the symbol GOJXN.
About Road Runner B.V. Road
Runner B.V. was incorporated as special purpose vehicle for the
Proposed Transaction by Parkland Resources B.V. and Magnus I B.V.,
long time (direct or indirect) Shareholders. Parkland Resources
B.V. is part of the Indofin Group, a globally operating investment
group with offices in Zug, Houston, Willemstad and Rotterdam.
Founded in 1968, Indofin is actively involved in the provision of
private equity and the management of companies in Europe, the U.S.,
Canada, Australia and Asia, through minority and majority
participations. The Indofin group is fully owned by the Dutch
entrepreneurial family De Bruin. Various family members continue to
play an active role in the management of the operations of the
Indofin group. Magnus I B.V. was incorporated in 2012 as holding
company and operational head office for its investment activities.
Magnus holds a variety of investments in listed and non-listed
companies and in several branches, such as real estate,
pharmaceutical and technology. Magnus is a family-owned company and
located in Amsterdam, the Netherlands.
FORWARD-LOOKING STATEMENTS / IMPORTANT
NOTICE This document contains certain forward-looking
statements with respect to the financial position and results of
GeoJunxion. We have based these forward-looking statements on our
current expectations and projections about future events, including
assumptions regarding our present and future business strategies,
operations, and the environment in which we will operate in the
future. These forward-looking statements are subject to risks and
uncertainties that could cause actual results to differ materially
from those expressed in the forward-looking statements, and you
should not place undue reliance on them. Many of these risks and
uncertainties relate to factors that are beyond the company’s
ability to control or estimate precisely, such as timing of
placement of orders of our customers, exchange-rate and
interest-rate fluctuations, labour and other cost inflation,
changes in tax rates, regulatory and legal changes, the rate of
technological change, the competitive landscape, political
developments in countries in which the company operates and the
risk of a downturn in the market. The forward-looking statements
contained herein speak only as of the date they are made. We do not
assume any obligation to update any public information or
forward-looking statement in this document to reflect events or
circumstances after the date of this document, except as may be
required by applicable laws.
This is a public announcement by GeoJunxion
N.V., pursuant to article 17, paragraph 1 of the European Market
Abuse Regulation (596/2014). This public announcement does not
constitute an offer, or solicitation of an offer, to buy or offer
securities in GeoJunxion N.V.
- 20240115 - Press Release - Announcement
Geojunxion Nv (LSE:0DKK)
Graphique Historique de l'Action
De Juil 2024 à Août 2024
Geojunxion Nv (LSE:0DKK)
Graphique Historique de l'Action
De Août 2023 à Août 2024