Acquisition of Interquest Oy has been concluded He

Helsinki, Finland, 2017-04-13 11:30 CEST (GLOBE NEWSWIRE) -- Ixonos Plc          Stock Exchange Release          13 April 2017 at 12:30  

Acquisition of Interquest Oy has been concluded

Ixonos Plc (“Ixonos”) and the owners of Interquest have concluded the transaction (“Transaction”) on 13 April 2017, in which Interquest Oy has become a part of Ixonos Group. The transaction has been announced as a stock exchange release on 29 March 2017.

In the transaction, all Interquest shares, apart from shares owned by the company itself, have been transferred to the ownership of Ixonos. As consideration, Ixonos issued a total of 12 012 990 new Ixonos shares (“Consideration Shares”) in a directed share issue (“Share Issue”) to be subscribed by the current owners of Interquest. The Owners have subscribed the Consideration Shares in total and the Board of Directors of Ixonos has accepted the share subscription made in the Share Issue.

The Consideration Shares will represent 3.3 per cent of Ixonos shares and votes after the Share Issue. The Consideration Shares will entitle to full dividends possibly distributed by Ixonos and to other distribution of assets as well as carry other shareholder rights in the company starting from when the Consideration Shares have been entered in the Trade Register and the shareholders’ register of the company. A certain part of the Consideration Shares of Ville Österlund, continuing to work for the group, are subject to a lock-up period of six (6) months to two (2) years starting from the issue of such shares.

IXONOS PLC

Board of Directors

For more information, please contact:

Ixonos Plc

CEO Sami Paihonen, tel. +358 50 502 1111, sami.paihonen@ixonos.com

CFO Kristiina Simola, tel. +358 40 756 3132, kristiina.simola@ixonos.com

Distribution:

Nasdaq Helsinki Ltd

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