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Quantafuel ASA | Extraordinary General Meeting – Notice
24 Apr 2023 16:16 CEST
Issuer
Quantafuel AS
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN
WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT
NOTICES AT THE END OF THIS ANNOUNCEMENT. ANY FAILURE TO COMPLY WITH THIS
RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.
Oslo, 24 April 2023
Reference is made to the announcement by Quantafuel ASA ("Quantafuel") earlier
today, 24 April 2023, regarding the consequences of the recommended cash offer
for all outstanding shares in Quantafuel by Harald Norway Bidco AS (the
"Offeror" a wholly-owned subsidiary of Viridor Limited, "Viridor") at an offer
price of NOK 6.38 per Share (the "Offer"), being declared unconditional, with a
final extension of the offer period until Friday, 28 April 2023 at 16:30 CEST.
Quantafuel's shareholders are hereby given notice of an extraordinary general
meeting to be held on Friday, 12 May 2023 at 10:00 CEST (the "EGM"). The notice
of the EGM, including the proposed resolutions and the proxy form, is attached
to this stock exchange notice and will be sent to Quantafuel's shareholders with
known addresses.
The EGM will be held as a digital meeting only, via https://web.lumiagm.com/.
The meeting ID is 104-862-933. Further information and guidelines for digital
participation, together with the notice and all the relevant documents for the
EGM, will be made available on Quantafuel's website,
https://www.quantafuel.com/general-meeting.
As further detailed in the notice of the EGM, settlement of the Offer is
expected to take place on or about 5 May 2023, i.e. prior to the date of the
EGM. At settlement of the Offer, all shares tendered under the Offer will be
transferred to the Offeror, including all shareholder rights attached to them,
against cash payment for the shares. This includes the right to participate and
vote for the shares at the EGM.
For further details, please refer to section 1.12 (Shareholder rights) of the
offer document dated 2 March 2023, available on
https://www.dnb.no/markets/aksjer/emisjoner/oversikt-emisjoner/quantafuel-forsid
e. The Offeror will announce through a stock exchange notice as soon as
settlement of the Offer has been completed.
Quantafuel recommends all shareholders to accept the Offer prior to the expiry
of the final offer period as set out above in order to conserve shareholder
value.
For further queries, please contact:
Lars Rosenløv, CEO +47 93018040
Christian Bekkevold Nilsen, CFO +47 90277833
About Quantafuel | https://quantafuel.com
Quantafuel is a technology-based energy company converting waste plastics back
into low-carbon synthetic oil products replacing virgin oil products. Quantafuel
is establishing, operating and owning dedicated plastic-to-liquid (PtL) plants
and plans to establish several plants throughout Europe and beyond.
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act and the Euronext Growth Rule Book part
II.
More information:
Access the news on Oslo Bors NewsWeb site
588362_WEB Quantafuel ASA.pdf
588362_2023 05 12 QFUEL - New Articles of Association.pdf
588362_Redline - New Articles of Association -.pdf
Source
Quantafuel ASA
Provider
Oslo Børs Newspoint
Company Name
QUANTAFUEL
ISIN
NO0010785967
Symbol
QFUEL
Market
Euronext Growth