CXENSE ASA We refer to the offer document dated 12 August 2019 (the 'Offer Document') for the voluntary offer (the 'Offer') presented by Piano Software B.V. ('Piano' or the 'Offeror') for all the outstanding shares in Cxense ASA ('Cxense') and the announcement made by Piano on 27 September 2019 that the Offer was made unconditional and that no further extensions would be made. Piano hereby announces that, based in the numbers available today, the Offer as per expiry of the acceptance period on 1 October 2019 at 16:30 CEST received acceptances for 20,410,176 shares, representing 93.00% of the outstanding shares and votes in Cxense. As earlier communicated, the settlement of the Offer will be conducted on Wednesday 2 October 2019 and the tendering shareholders are expected to receive the cash consideration for the shares settled on or about Thursday 3 October 2019. The Offeror intends, as earlier communicated, to resolve a compulsory acquisition of all shares in Cxense not already owned by the Offeror as soon as possible after settlement of the Offer and well within the four-week deadline for the compulsory acquisition, cf. the Norwegian Securities Trading Act section 6-22 (3). For further information, please contact: Piano Trevor Kaufman, CEO, Piano Software, Inc. Phone: +1 646 350 1999 Cxense Lars B. Thoresen, Chairman of the Board of Directors, Cxense ASA Phone: +47 957 07 494 Christian Printzell Halvorsen, CEO, Cxense ASA Phone: +47 992 29 546 About Cxense: Cxense helps publishers and marketers across the globe to transform their raw data into their most valuable resource. Cxense's leading Data Management Platform (DMP) with Intelligent Personalization, gives companies unprecedented insight into their individual customers, and enables them to action this insight real-time in all marketing and sales channels. Cxense Conversion Engine empowers publishers to monetize insight into their audience's behaviour and preferences in order to increase subscription revenues. Cxense works with brands such as The Wall Street Journal, Aeon, Grupo Clarin, NBC, The Mainichi Newspapers, Universal, Singapore Press Holdings and many more. Cxense is headquartered in Norway with offices worldwide and the company is listed on the Oslo Stock Exchange with the ticker 'CXENSE'. About Piano: Piano, a company with operations in New York, London, and Amsterdam, offers high-performance cloud-based software and strategic services that empower companies to create customized digital experiences and commercial relationships for their users. Leading businesses around the world including Hearst, NBCUniversal, Business Insider, The Economist, Harvard Business Review, Le Parisien, Ringier Axel Springer, Prometheus, Mansueto, The Associated Press, and over 150 other leading organizations use Piano to power their subscription, registration, analytics, entitlement, and personalization efforts. The company is one of Inc's 500 Fastest Growing Companies in North America, one of Red Herring's Top 100 Startups in North America, and has won Digiday, CODIE, and numerous other awards for its innovative suite of software products.
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Cxense ASA published this content on 01 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 October 2019 15:07:07 UTC
