Innofactor's Tender Offer: Strong Participation and Future Plans

Overview of Innofactor's Tender Offer

Innofactor Plc has recently reported preliminary results from the subsequent offering period related to Onni Bidco Oy's voluntary public cash tender offer for its shares. This strategic initiative is significant for both the company and its shareholders, showcasing the active participation of major investors. The total shares tendered during this offering demonstrate a growing interest in Innofactor and its future prospects.

Details on the Tender Offer

The voluntary recommended cash tender offer was initially made to acquire all issued shares of Innofactor that are not already held by the company or its subsidiaries. Onni Bidco Oy, the offeror, initiated this tender offer with the aim of consolidating ownership and enhancing the company's growth trajectory. The original offer period commenced and concluded recently, with specific timelines set for both the original and subsequent offer periods.

Participation Rates

According to the preliminary results, approximately 913,100 shares were tendered during the subsequent offer period, amounting to around 2.55% of the company’s total shares and voting rights. When combined with shares accepted during the original offer period, the total recently tendered shares represent about 84.62% of all shares and voting rights in Innofactor.

Future Announcements and Next Steps

Innofactor is committed to keeping shareholders informed. The offeror intends to confirm and publicly announce the final results of the ongoing subsequent offer period shortly. Shareholders who have validly accepted the tender offer can expect payments to be processed timely, in accordance with the established terms and conditions.

Potential for Share Acquisitions

The offeror has signaled its intention to potentially acquire additional shares through public trading on Nasdaq Helsinki or other permissible methods. This indicates a strong commitment to supporting the company's stock and suggesting further consolidation of ownership.

About Innofactor and Its Positioning

Innofactor stands as a leader in promoting modern digital organizations across the Nordic countries. With a robust client base of approximately 1,000 customers spanning commercial and public sectors, the company leverages its comprehensive solutions anchored in the Microsoft ecosystem. Innofactor's portfolio includes essential services such as planning, implementation support, and maintenance, reflecting the company's capability in managing critical IT solutions.

Innofactor's Impact

The ongoing changes and initiatives within Innofactor not only influence its operational dynamics, but they also shape the broader technology landscape in the Nordics. By employing nearly 600 experts across Finland, Sweden, Denmark, and Norway, Innofactor continues to push digital transformation forward, solidifying its market leadership.

Investor Relations

For investors interested in learning more about the tender offer or the strategic direction of Innofactor, several contacts are available for inquiries. Iida Suominen and Lasse Lautsuo from Innofactor’s Investor Relations are reachable for additional insights and clarifications related to the tender offer.

Frequently Asked Questions

What is the purpose of the tender offer by Onni Bidco Oy?

The tender offer aims to acquire all issued and outstanding shares of Innofactor that are not held by the company or its subsidiaries.

How many shares were tendered during the subsequent offer period?

The preliminary results indicated that 913,100 shares were tendered, representing approximately 2.55% of the total shares.

When can shareholders expect to receive payments?

Shareholders who accepted the tender offer can expect payments to be processed around the 10th of October.

Who can investors contact for more information?

Iida Suominen and Lasse Lautsuo from Innofactor's Investor Relations are available for inquiries.

What is Innofactor’s position in the market?

Innofactor is a leading service provider in digital organization solutions within the Nordic countries, emphasizing its strong presence in the Microsoft ecosystem.

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