This is a joint press release by DOCDATA N.V. and Cocoondd B.V., pursuant to Section 7 Paragraph 1 of the Decree on Public Takeover Bids ('Besluit openbare biedingen Wft', 'the Decree') in connection with the intended public offer by Cocoondd B.V. for all the issued and outstanding ordinary shares in the capital of DOCDATA N.V., not yet held by Cocoondd B.V. This announcement and any related documentation does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in DOCDATA N.V. Any public offer will be made only by means of an approved offer memorandum. This press release may not be published, distributed or otherwise sent, in its entirety or partly, directly or indirectly, in or into Australia, the United States, Canada or Japan.
On 15 April 2016, Mr. D.E. Kat and DOCDATA N.V. have announced with a joint press release to have reached conditional agreement on a recommended public full offer by Mr. D.E. Kat, acting on his own behalf or on behalf of an acquisition vehicle to be specified, for all issued and outstanding ordinary shares of DOCDATA N.V. ('the Offer'). Meanwhile, Mr. D.E. Kat has designated the private limited liability company Cocoondd B.V., incorporated on 29 April 2016 and established in Bergen (Noord-Holland, The Netherlands), as acquisition vehicle. All shares in the capital of Cocoondd B.V. are held by Mr. D.E. Kat. Mr. D.E. Kat personally guarantees the financial liabilities of Cocoondd B.V. under the Offer.
Pursuant to Section 7 Paragraph 1 of the Decree, a public announcement is required within four weeks after announcement of the intended public offer. In this respect, Cocoondd B.V. and DOCDATA N.V. announce the following.
Cocoondd B.V. and DOCDATA N.V. confirm that they are making good progress with the necessary preparations with regard to making the Offer. Cocoondd B.V. expects to submit a draft offer memorandum for approval to the Authority for the Financial Markets ('the AFM') beginning of June 2016, but will do so no later than 8 July 2016, being the ultimate date for the submission of the draft offer memorandum pursuant to the Decree.
Currently, Cocoondd B.V. owns 1,869,014 ordinary shares in the capital of DOCDATA N.V., representing a share interest of 26.7%.
The information in this press release is not intend to be exhaustive. For further information explicit reference is made to the offer memorandum, which will be published if and when the Offer is made. The offer memorandum will contain the details of the Offer.
Please click the link below to download the press release.
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The listed DOCDATA N.V. exists, after the completion in December 2015 of the sales transactions of the two completely autonomous lines of business Docdata and IAI, solely of the Company DOCDATA N.V. itself.
Waalwijk, The Netherlands, 11 May 2016
Further information: DOCDATA N.V., M.E.T. Verstraeten, CFO, Tel. +31 416 631 100
Corporate website: www.docdatanv.com
Further information: Cocoondd B.V., registered in Bergen (Noord-Holland, The Netherlands)
Spokesman: B.A.M. van Hedel, Tel. +31 (0)6 53 37 90 84
