Reference is made to the stock exchange notice from Hexagon AB
(STO:HEXAB) on 20 December 2013 (the "Announcement") related to the
recommended unconditional cash offer for the remaining shares in Veripos
Inc. ("Veripos") not already owned by Hexagon Acquisition Ltd. (the
"Offer"), an indirectly wholly owned subsidiary of Hexagon AB (Hexagon
AB and Hexagon Acquisition Ltd. hereinafter jointly referred to as
"Hexagon"), and the offer document related to the Offer dated 23
Hexagon currently owns 9,092,490 shares in Veripos, representing 27.4
per cent of the outstanding shares of Veripos. As communicated in the
Announcement, Hexagon has received pre-acceptances of the Offer from
shareholders holding an additional 853,569 shares, representing 2.6 per
cent of the outstanding shares in Veripos. Hexagon has further, as per
today, received acceptances of the Offer from shareholders olding an
additional 7,009,706 shares, representing 21.2 per cent of the
outstanding shares of Veripos. Accordingly, Hexagon owns, has received
pre-acceptances and has, as per today, received acceptances for
16,955,765 shares, representing 51.2 per cent of the total shares in
The acceptance period for the Offer expires on 29 January 2014, subject
to further extensions, but however not beyond 7 February 2014.
SEB Corporate Finance is acting as financial adviser for Hexagon.
Hexagon (NASDAQ OMX Stockholm: HEXA B) is a leading global provider of
design, measurement and visualisation technologies. Our customers can
design, measure and position objects, and process and present data, to
stay one step ahead of a changing world. Hexagon's solutions increase
productivity, enhance quality and allow for faster, better operational
decisions, saving time, money and resources. Hexagon has more than
14,000 employees in over 40 countries and net sales of about 2,400 MEUR.
Our products are used in a broad range of industries including
surveying, power and energy, aerospace and defence, construction, safety
and security, automotive and manufacturing. Learn more at www.hexagon.com.
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