DGAP-News: CZ Acquisition Declares the Offer for Cryptzone

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News Desk 2018

Mar 27, 2014 at 12:15 AM

DGAP-News: CZ Acquisition Declares the Offer for Cryptzone Group AB (publ) Wholly Unconditional

DGAP-News: Medina Capital / CZ Acquisition Declares the Offer for Cryptzone Group AB (publ) Wholly Unconditional 27.03.2014 / 05:00 --------------------------------------------------------------------- This press release may not, directly or indirectly, be distributed or published in or into Australia, Hong Kong, Japan, Canada, New Zealand, South Africa or United States. The offer is not being made to (and acceptance will not be accepted from) persons in those countries or elsewhere where their participation requires further documentation, filings or other measures in addition to those required by Swedish law. GOTHENBURG, Sweden, March 27, 2014 (GLOBE NEWSWIRE) -- On 21 February 2014, CZ Acquisition, Inc. ('CZ Acquisition'), a wholly owned subsidiary of Medina Capital Fund LP ('Medina Capital'), announced a recommended cash offer to the shareholders in Cryptzone Group AB (publ) ('Cryptzone') to acquire all outstanding shares in Cryptzone for SEK 7 per share, irrespective of share series (the 'Offer'). During the acceptance period the Offer has been accepted by shareholders representing a total of 9,705,110 shares in Cryptzone, of which 14,828 are shares of series A and 9,690,282 are shares of series B, corresponding to approximately 96.43 per cent of the total number of shares and 96.23 per cent of the total number of votes in Cryptzone. Neither CZ Acquisition nor Medina Capital held any shares in Cryptzone prior to the announcement of the Offer and has not acquired any shares in Cryptzone outside the Offer. All conditions for the Offer have therefore been fulfilled. CZ Acquisition hereby declares that the Offer is wholly unconditional and will be completed. The acceptance period for the Offer will not be extended. Settlement in respect of the shareholders who have accepted the Offer is expected to commence on or around 31 March 2014. As CZ Acquisition holds more than 90 per cent of the shares in Cryptzone, CZ Acquisition intends to initiate a compulsory acquisition procedure to acquire all remaining shares in Cryptzone in accordance with the Swedish Companies Act (Sw. Aktiebolagslagen (2005:551)) and act to have the shares in Cryptzone de-listed from NASDAQ OMX First North. CZ Acquisition discloses the information provided herein pursuant to the Swedish Takeover Rules. The information was submitted for publication on 27 March 2014 at 05.00 (CET). Media Contact For questions, please contact: Adam Smith, CZ Acquisition, Inc. Telephone: +1 (305) 375-6000 Important information The Offer is not being made to persons whose participation in the Offer requires that an additional offer document is prepared or registration effected or that any other measures are taken in addition to those required under Swedish law and regulations. This press release and any related offer documentation are not being distributed and must not be mailed or otherwise distributed or sent in or into any country in which the distribution or offering would require any such additional measures to be taken or would be in conflict with any law or regulation in such country. Any such action will not be permitted or sanctioned by CZ Acquisition. Any purported acceptance of the Offer resulting directly or indirectly from a violation of these restrictions may be disregarded. The Offer is not being made, directly or indirectly, by use of mail or any other means or instrumentality (including, without limitation, facsimile transmission, electronic mail, telex, telephone and the internet) in or into Australia, Hong Kong, Japan, Canada, New Zealand, South Africa or the United States, and the Offer cannot be accepted by any such use, means, instrumentality or facility of, or from within Australia, Hong Kong, Japan, Canada, New Zealand, South Africa or the United States. Accordingly, this press release and any related offer documentation are not being and should not be mailed or otherwise distributed, forwarded or sent in or into Australia, Hong Kong, Japan, Canada, New Zealand, South Africa or the United States. CZ Acquisition will not deliver any consideration from the Offer into Australia, Hong Kong, Japan, Canada, New Zealand, South Africa or the United States. This press release is not being, and must not be, sent to shareholders with registered addresses in Australia, Hong Kong, Japan, Canada, New Zealand, South Africa or the United States. Banks, brokers, dealers and other nominees holding shares for persons in Australia, Hong Kong, Japan, Canada, New Zealand, South Africa or the United States must not forward this press release or any other document received in connection with the Offer to such persons. This press release has been published in Swedish and English. In the event of any discrepancy in content between the language versions, the Swedish version shall prevail. News Source: NASDAQ OMX End of Corporate News --------------------------------------------------------------------- 27.03.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Medina Capital United States End of News DGAP News-Service --------------------------------------------------------------------- 259893 27.03.2014

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