Pursuant to section 6-16 of the Norwegian Securities Trading Act, the Board of Directors of Kahoot! shall provide a statement on the Offer. Oslo Børs, in its capacity as take-over supervisory authority, has decided that the statement shall be issued by an independent expert and not by the Board of Directors of Kahoot!, and that such statement can be issued by PricewaterhouseCoopers AS (“PwC”) on behalf of the Company, cf. section 6 16 of the Securities Trading Act.
PwC has issued their statement on the Offer and has in the statement concluded as follows:
“Subject to the foregoing conditions and limitations, it is PwC’s Opinion that the Offer as of this date, from a financial point of view, is fair to the owners of shares in Kahoot!.
Please note that we do not express any opinions or recommendations as to whether existing shareholders should accept the Offer. Each shareholder should make its own assessment and evaluation of the attractiveness of the Offer.”
The full statement from PWC is attached to this announcement.
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This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.