Tender Offer 2019

Public Tender Offer

Aureit Holding Oy (the “Offeror”), a Finnish limited liability company wholly owned by Belgian public limited liability company Aedifica SA/NV (“Aedifica”), Aedifica and Hoivatilat Plc (“Hoivatilat”) have on 4 November 2019 entered into a combination agreement pursuant to which the Offeror will make a voluntary recommended public cash tender offer to purchase all of the issued and outstanding shares in Hoivatilat that are not owned by Hoivatilat or any of its subsidiaries (the “Tender Offer”). In the Tender Offer, Hoivatilat’s shareholders will be offered a cash consideration of EUR 14.75 for each share validly tendered in the Tender Offer. The Board of Directors of Hoivatilat has unanimously decided to recommend that the shareholders of Hoivatilat accept the Tender Offer.

Published materials:

Stock Exchange Release: Hoivatilat announces preliminary information about the third quarter result and revises its 2019 guidance

Inside Information: Aureit Holding Oy announces a recommended public cash tender offer for all shares in Hoivatilat Plc

Appendix 1: Aedifica and Hoivatilat joining forces in the Nordics

Appendix 2: Fairness Opinion

Stock Exchange Release: Aureit Holding Oy commences its voluntary recommended public cash tender offer for all shares in Hoivatilat Plc on 11 November 2019

Appendix 3: Terms and Conditions of the Tender Offer

Tender Offer Document: Voluntary public tender offer by Aureit Holding Oy for all issued and outstanding shares in Hoivatilat Plc

Stock Exchange Release: Aureit Holding Oy has resolved to amend the terms and conditions of its voluntary recommended public cash tender offer for all shares in Hoivatilat Plc

Stock Exchange Release: Aureit Holding Oy – Supplement Document 28 November 2019

Stock Exchange Release: Hoivatilat_Supplement Document and Extension

Stock Exchange Release: Aureit Holding Oy has resolved to increase the offer price to EUR 16.00 per share and, consequently, to amend the terms and conditions of its voluntary recommended public cash tender offer for all shares in Hoivatilat Plc and to extend the offer period to expire on 3 January 2020

Stock Exchange Release: The Board of Directors of Hoivatilat Plc Supplements its Statement on Aureit Holding Oy’s Voluntary Public Cash Tender Offer for the Shares in Hoivatilat Plc due to the Increase in the Offer Consideration

Stock Exchange Release: Aureit Holding Oy – Supplement Document 9.12.2019

Stock Exchange Release: Aureit Holding Oy amends the terms and conditions of its voluntary recommended public cash tender offer for all shares in Hoivatilat Plc; Aureit Holding Oy supplements the tender offer document dated 8 November 2019

Stock Exchange Release: Preliminary result of Aureit Holding Oy’s voluntary recommended public cash tender offer for all shares in Hoivatilat Plc

Stock Exchange Release: Final result of Aureit Holding Oy’s voluntary recommended public cash tender offer for all shares in Hoivatilat Plc; Aureit Holding Oy completes the tender offer and commences a subsequent offer period

Stock Exchange Release: Aureit Holding Oy to Commence Redemption Proceedings in Respect of the Remaining Hoivatilat Plc Minority Shares

Stock Exchange Release: Aureit Holding Oy’s voluntary recommended public cash tender offer for all shares in Hoivatilat Plc; preliminary result of the subsequent offer period

Stock Exchange Release: Aureit Holding Oy’s voluntary recommended public cash tender offer for all shares in Hoivatilat Plc; final result of the subsequent offer period

Aedifica

Read more from Aedifica about the Tender Offer.