Hexagon Holds 27.4 Per Cent of Veripos and Contemplates to Continue Purchases at NOK 34 Per Share until Reaching Total Holding of 11,030,529 Shares

NACKA STRAND, Sweden — (BUSINESS WIRE) — November 26, 2013 — Regulatory News:

Reference is made to the stock exchange notice from Hexagon AB (“Hexagon”) yesterday where Hexagon announced its intention to acquire up to 3,900,000 shares reaching a total holding of 11,030,529 shares in Veripos Inc. (“Veripos”). Hexagon has today acquired or agreed to acquire 1,961,961 shares in Veripos, representing 5.92 per cent of the outstanding shares of Veripos. The shares were acquired at a price of NOK 34 per share. Following completion of the acquisition, Hexagon holds 9,092,490 shares in Veripos, representing 27.44 per cent of the outstanding shares of Veripos.

As set out in the stock exchange notice from Hexagon yesterday, Hexagon contemplates to acquire shares up to a total holding of 11,030,529 shares, representing 33.3 per cent of the outstanding shares of Veripos. Shareholders that would like to sell their shares to Hexagon for NOK 34 per share can contact SEB on +47 21 00 85 32. The contemplated purchase may be closed at short notice at the full discretion of SEB, acting as manager.

SEB Corporate Finance is acting as financial adviser to Hexagon.

Hexagon (STO: HEXAB) is a leading global provider of design, measurement and visualisation technologies. Our customers can design, measure and position objects, and process and present data, to stay one step ahead of a changing world. Hexagon’s solutions increase productivity, enhance quality and allow for faster, better operational decisions, saving time, money and resources. Hexagon has more than 14,000 employees in over 40 countries and net sales of about 2,400 MEUR. Our products are used in a broad range of industries including surveying, power and energy, aerospace and defence, construction, safety and security, automotive and manufacturing. Learn more at www.hexagon.com.

This information was brought to you by Cision http://news.cision.com

 


 

Featured Video
Latest Blog Posts
Sanjay GangalEDACafe Editorial
by Sanjay Gangal
Industry Predictions for 2025 – Cofactr
Sanjay GangalEDACafe Editorial
by Sanjay Gangal
EDACafe Industry Predictions for 2025 – Everspin
Jobs
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
CAD Engineer for Nvidia at Santa Clara, California
Upcoming Events
CHIPLET SUMMIT 2025 at Santa Clara Convention Center Santa Clara CA - Jan 21 - 23, 2025
ESD Alliance "Savage on Security” Webinar at United States - Jan 23, 2025
SEMICON Korea 2025 at Hall A, B, C, D, E, GrandBallroom, PLATZ, COEX, Seoul Korea (South) - Feb 19 - 21, 2025
DVCon U.S. 2025 at United States - Feb 24 - 27, 2025



© 2025 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise