The Norwegian Financial Supervisory Authority (Nw: Finanstilsynet) has, in its
capacity as take-over supervisory authority, approved payment guarantee pursuant
to section 6-22 third sub-section no. 3 of the Norwegian Securities Trading Act
in connection with the compulsory acquisition of shares in Crayon Group Holding
ASA ("Crayon") without preceding mandatory offer. In this respect, the Norwegian
Financial Supervisory Authority has also considered the other relevant
conditions applicable for the exemption to present a mandatory offer pursuant to
the Norwegian Securities Trading Act section 6-22 third sub-section.
SoftwareOne Holding AG ("SoftwareOne") has resolved to effect a compulsory
acquisition of the remaining shares in Crayon not already held by SoftwareOne,
pursuant to section 4-25 of the Norwegian Public Limited Liability Companies
Act.
The price offered under the compulsory acquisition is NOK 144.7834 per share,
which corresponds to the offer price in the recommended voluntary offer for all
shares in Crayon.
Attached is a copy of the guarantee document issued by UniCredit Bank GmbH for
the benefit of those that are subject to the compulsory acquisition. The
guarantee document includes, amongst others, information on the deadline for
presenting claims under the guarantee, the address for delivery of claims and
the documentation that must be submitted.