SAGA – Saga Pure ASA – Incorrect offer price in mandatory offer

09 Apr 2025 16:12 CEST

Reference is made to the stock exchange notice dated 8 April 2025 regarding
approval of the offer document in respect of the mandatory offer to acquire the
shares in Saga Pure ASA made by Tycoon Industrier AS at an offer price of NOK
1.2822 per share in cash.

Tycoon Industrier AS has today informed Finanstilsynet that shares in Saga Pure
AS have been acquired by Tycoon Industier AS at a higher price than what was
stated in the offer document and that the offer price in the mandatory offer is
incorrect as a result of this.

Tycoon Industrier AS will publish a stock exchange notice with more information
and correct offer price.

Finanstilsynet is assessing the matter and will revert with more information in
due course.

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