INFESTOS OBTAINS OVER 86% IN NEWAYS AS A RESULT OF ITS PUBLIC TAKEOVER BID

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Algemeen advies 05/11/2021 18:22
Enschede/Son, the Netherlands, 5 November 2021 - the Offeror and Neways are pleased to jointly announce that, following settlement of the Offer today, the Offeror holds 86.22% of the Shares on a fully diluted basis. In addition, the conditional appointment of Mr Riefel and Mr Van Roij to the supervisory board of Neways became unconditional and will be effective as from today.

Remaining Shares can be tendered during the Post-Closing Acceptance Period, expiring at 17:40 hours on 17 November 2021. Reference is made to the Offeror’s press release of 3 November 2021.

Further information

Any further announcements will be made if and when required. More information can be found in the Offer Memorandum and Position Statement, which are published on www.newayselectronics.com and www.infestos.com



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