Mitsubishi Corporation announces that all conditions for voluntary offer for shares of Cermaq ASA have been met - Settlement to take place within two weeks



Stock exchange notification from Mitsubishi Corporation:

NOT FOR DISTRIBUTION IN OR INTO AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL

Mitsubishi Corporation announces that all conditions for voluntary offer for shares of Cermaq ASA have been met - Settlement to take place within two weeks Oslo, 23 October, 2014 - Reference is made to the offer document dated 22 September 2014 regarding the voluntary cash tender offer (the "Offer") for shares (the "Shares") of Cermaq ASA (the "Company") made by MC Ocean Holdings Limited (the "Offeror"), a UK private limited liability company directly owned by Mitsubishi Corporation ("MC"), with acceptance period from and including 22 September 2014 to and including 20 October 2014 at 16:30 hours (CET). Further, reference is made to the Offeror's announcement on 21 October 2014 with respect to the preliminary results of the Offer. 

MC and the Offeror hereby announce that all regulatory approvals as specified in section 4.3 (c) of the offer document have been obtained. Accordingly, all conditions for completion of the Offer have been met. In accordance with the terms and conditions set out in the offer document, settlement according to the Offer will take place within two weeks from the date of this stock exchange notice. 

Following settlement of the Offer, the Offeror will initiate a compulsory acquisition of the remaining outstanding Shares of the Company in accordance with applicable laws, and propose that the Company applies for a delisting of the Shares from the Oslo Stock Exchange.

23.10.2014
distributed by