GOFORE PLC COMPANY ANNOUNCEMENT 13 NOVEMBER 2017 16:30 P.M.EET
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, NEW ZEALAND, AUSTRALIA, JAPAN, HONG KONG, SINGAPORE OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.
The Initial Public Offering (the “IPO”) of Gofore Plc (“Gofore” or the “Company”) has been multiple times oversubscribed. In accordance with the terms and conditions of the IPO, it has been decided that the IPO will be discontinued so that the subscription periods for the IPO are closed today, 13 November 2017 at 4.30 p.m.
In the IPO, a maximum of 3,378,175 shares in the Company (“Offer Shares”) are offered to institutional investors in Finland (the “Institutional Offering”), to private individuals and entities in Finland (the ‘‘Public Offering’’) and to the personnel of the Gofore Group (the “Personnel Offering”). The terms and conditions of the IPO consist of, in addition to the general terms and conditions of the IPO, the special terms and conditions of the Institutional Offering, the Public Offering and the Personnel Offering.
Due to the discontinuation of the subscription period for the IPO, the Board of Directors of the Company will decide on the final number of the Offer Shares and the final allocation of the Offer Shares between the Institutional Offering, the Personnel Offering and the Public Offering, and on the approval of the subscription undertakings, in full or in part, on or about 15 November 2017. The aforementioned information will be published through a company announcement. Recording the Offer Shares issued in the Public Offering and the Personnel Offering in the book-entry accounts of investors who have made an accepted commitment is commenced on or about 15 November 2017. In the Institutional Offering, the Offer Shares will be ready to be delivered against payment on or about 20 November 2017 through Euroclear Finland Ltd. Trading of the Company’s shares is expected to commence at the First North Finland marketplace operated by Nasdaq Helsinki Ltd on or about 16 November 2017.
Timur Kärki, CEO, Gofore
tel. +358 40 828 5886
Petteri Venola, CFO, Gofore
tel. +358 400 805 487
Riikka Nurminen, Marketing & Communications Director, Gofore
tel. +358 50 486 8600
Certified Advisor: Evli Bank Plc, tel. +358 9 4766 9926