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SRH Investco AS - Final result of the voluntary offer for shares in Saferoad Holding ASA

Oslo, 19 June 2018: Reference is made to the stock exchange notice published on 14 June 2018. Following final registration of acceptances, the final acceptance level in the voluntary cash offer (the "Offer") to acquire all issued and outstanding shares of Saferoad Holding ASA ("Saferoad") made by SRH Investco AS ("SRH Investco"), a company indirectly controlled by FSN Capital V (see footnote 1), is 43,910,128 shares, representing approximately 65.9% of the total shares of Saferoad on a fully diluted basis. This number includes the 22,922,195 shares tendered by the shareholders that have provided pre-acceptances to accept the Offer. In addition SRH Investco will, subject to completion of the Offer, acquire 19,480,645 shares under the conditional purchase agreement entered into with Cidron Triangle S.à r.l.

The total acceptance rate of the Offer plus the shares agreed to be acquired from Cidron Triangle S.à r.l. is thus 63,390,773 shares, representing approximately 95.1% of the total shares in Saferoad on a fully diluted basis. Accordingly, the closing condition relating to acceptance rate of the Offer in section 1.6 (i) of the offer document has now been met. SRH Investco does not own any shares in Saferoad as of today.

Completion of the Offer remains subject to satisfaction or waiver of the remaining closing conditions, including receiving any regulatory approval and/or clearance which are necessary for the completion of the Offer, as further described in the offer document. SRH Investco will issue a notification through the Oslo Stock Exchange as soon as the remaining conditions to the Offer has been met, waived or failed to be met.

For questions regarding the Offer, please contact the receiving agent:

Carnegie AS
Tel: +47 22 00 93 60
Email: accept@carnegie.no


1) FSN Capital GP V Limited acting in its capacity as general partner for and on behalf of each of FSN Capital V L.P., FSN Capital V (B) L.P. and FSN Capital V Invest L.P.