Capelle aan den IJssel, Eemnes,
- Supervisory and Management Boards of
GEOJUNXION and NPRM have held constructive discussions in response to the recently expressed intention by NPRM to make an offer for all outstanding shares ofGEOJUNXION . The main conclusion was that no agreement can be reached on the terms, as a result of which, NPRM will not further pursue the offer and will withdraw it. - During the consultation, options for operational cooperation between (operating entities of)
GEOJUNXION and NPRM were discussed. These options will be reviewed and, where possible, elaborated further. The parties hope for a fruitful collaboration in various fields such as the Pet App and the Pet Tracker, in which maps, geofencing applications, other products and know-how ofGEOJUNXION can be seamlessly integrated. - In the medium term, both parties do not rule out further possibilities for cooperation.
- This is a public announcement of
GEOJUNXION pursuant to Article 17, paragraph 1 of the European Market Abuse Regulation (596/2014) and of NPRM pursuant to Article 4, paragraph 3 of the Decree on public bids under the Financial Supervision Act (Wft).
Further announcements will be made to the market when there are relevant developments in the above-mentioned areas.
Ends
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Email: info@geojunxion.com
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