Completion of the unregulated voluntary public tender offer to certain shareholders of Digizuite A/S

28.8.2023 16:08:27 CEST | Digizuite A/S | Company Announcement

Company announcement 42 – 28.08.2023 – NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. THIS ANNOUNCEMENT IS NOT A PROSPECTUS AND DOES NOT CONSTITUTE A PUBLIC OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

Odense, Denmark, 28 August 2023 – In company announcement no. 38/2023 dated 21 August 2023, Digizuite A/S (the “Company” or “Digizuite”) announced the result of the unregulated voluntary public tender offer by Luxion Group ApS (the “Offeror”) to certain shareholders of Digizuite (the “Offer”).

The Offer has now been completed and settled in accordance with the Offer Document by payment of cash to shareholders of Digizuite having accepted the Offer as consideration for shares in Digizuite.

Following settlement of the Offer, the Offeror holds more than 90% of the shares and the voting rights in Digizuite. Accordingly, the Offeror has informed Digizuite that the Offeror intends to cause Digizuite to request Nasdaq Copenhagen for deletion from trading of the shares in Digizuite from Nasdaq First North Growth Market. Further, the Offeror has informed Digizuite that the Offeror intends to exercise its rights under Sections 70 and 72 of the Danish Companies Act to carry out a compulsory acquisition, whereby the Offeror will request all minority shareholders of the Company, by publication of a separate notice, to transfer all their remaining shares in Digizuite to the Offeror within a four-week notice period.

Digizuite’s shares are expected to be deleted from trading on 5 September 2023 with the last day of trading on Nasdaq First North Growth Market being 4 September 2023 subject to approval from Nasdaq Copenhagen A/S. The four-week compulsory acquisition period is expected to commence on 5 September 2023 and accordingly, the compulsory acquisition period is expected end on 3 October 2023.

Reference is made to company announcements no. 32/3023 dated 5 July 2023 and no. 33/2023 dated 7 July 2023 regarding the Offer and the offer document related hereto.

About Digizuite A/S

Digizuite is a SaaS company in Digital Asset Management software (DAM) that streamlines all digital content in one central platform. Through automated workflows and agile integrations, Digizuite removes manual workflows and streamlines the entire content value chain. Customers choose Digizuite to have control over who, where, and how corporate materials are used. It ensures brand control, risk reduction and helps to increase efficiency and revenue.

Digizuite is a global company that has realized 600% growth in ARR between 2017 and 2020. Today, the company has more than 70 employees between its headquarters in Denmark and its subsidiaries in the United States, United Kingdom, Belgium, and Ukraine.

About Luxion Group ApS

Luxion is a global leader of product design rendering software. Thousands of companies around the globe use Luxion's products for a multitude of use cases, including creating photo-real visualizations of CAD data for marketing, evaluating materials and textures ahead of production, and providing interactive product visualizations and 3D animations for stakeholders across the design lifecycle.

Founded in 2003, Luxion has offices in the US and Denmark, sales representatives in China and Germany, and a global footprint with a large portfolio of enterprise customers as well as small & medium sized companies.

Contacts

• John Norden, Certified Adviser, Norden CEF A/S
• Kim Wolters, CEO, [phone], [e-mail]
• Søren Skovbølling, Chairperson of the Board, [phone], [e-mail]

Attachments

• Download announcement as PDF.pdf

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