Digizuite A/S

Request submitted for removal from trading on Nasdaq First North Growth Market Denmark and commencement of compulsory redemption of minority shareholders

29.8.2023 17:15:32 CEST | Digizuite A/S | Company Announcement

COMPANY ANNOUNCEMENT NO. 46 - 29-08-2022 MAY NOT BE PUBLISHED, DISTRIBUTED OR DELIVERED IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR TO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

Odense, Denmark, 29 August 2023 – Following the announcement of the final result of the unregulated voluntary public tender offer (the "Offer") by Luxion Group ApS (the “Offeror”) to certain shareholders of Digizuite A/S ("Digizuite " or the “Company”) in company announcement no. 38/2023 dated 21 August 2023, the Offeror has informed Digizuite that the Offeror has decided to exercise its rights under Sections 70 and 72 of the Danish Companies Act to complete a compulsory acquisition of the shares in the Company held by remaining minority shareholders. Additionally, the Company has submitted a request to Nasdaq Copenhagen A/S for removal from trading on Nasdaq First North Growth Market Denmark.

Compulsory acquisition

The Offer was settled on 28 August 2023. All remaining minority shareholders of the Company are expected to be requested, by separate notice on 5 September 2023, to transfer all their shares in Digizuite to the Offeror within a four-week period expected to end on 3 October 2023, in accordance with Sections 70 and 72 of the Danish Companies Act.

Request for removal from trading on Nasdaq First North Growth Market

Today, the Board of Directors of Digizuite has, upon request from the Offeror, submitted a request to Nasdaq Copenhagen A/S for the removal of all the Company’s shares from trading on Nasdaq First North Growth Market Denmark. The request is based on the simplified procedure in Rule 2.6(c)(i) of Supplement D to the Nasdaq First North Growth Market Rulebook for Issuers of Shares dated 1 July 2023 as the Offeror holds more than 90% of the shares and the voting rights in the Company following settlement of the Offer and will thus be able to complete a compulsory acquisition of the shares held by the remaining minority shareholders.

Subject to approval from Nasdaq Copenhagen A/S, the last day of trading of the Company’s shares on Nasdaq First North Growth Market Denmark is expected to be on 4 September 2023.

About Digizuite A/S

Digizuite is a SaaS company in Digital Asset Management software (DAM) that streamlines all digital content in one central platform. Through automated workflows and agile integrations, Digizuite removes manual workflows and streamlines the entire content value chain. Customers choose Digizuite to have control over who, where, and how corporate materials are used. It ensures brand control, risk reduction and helps to increase efficiency and revenue.

Digizuite is a global company that has realized 600% growth in ARR between 2017 and 2020. Today, the company has more than 70 employees between its headquarters in Denmark and its subsidiaries in the United States, United Kingdom, Belgium, and Ukraine.

About Luxion Group ApS

Luxion is a global leader of product design rendering software. Thousands of companies around the globe use Luxion's products for a multitude of use cases, including creating photo-real visualizations of CAD data for marketing, evaluating materials and textures ahead of production, and providing interactive product visualizations and 3D animations for stakeholders across the design lifecycle.

Founded in 2003, Luxion has offices in the US and Denmark, sales representatives in China and Germany, and a global footprint with a large portfolio of enterprise customers as well as small & medium sized companies.

Contacts

John Norden

Certified Adviser

Norden CEF A/S

Søren Skovbølling

Chairperson of the Board

ssk@digizuite.com

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