Boels Supplements the Tender Offer Document Relating to its Recommended Voluntary Public Cash Tender Offer for All Shares in Cramo Plc

Cramo Plc    Stock Exchange Release             21 January, 2020 at 3.00 pm EET

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA OR HONG KONG, OR IN ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW. FOR FURTHER INFORMATION, SEE SECTION “IMPORTANT LEGAL INFORMATION” BELOW.

Boels Supplements the Tender Offer Document Relating to its Recommended Voluntary Public Cash Tender Offer for All Shares in Cramo Plc

Boels Topholding B.V. (“Boels” or the “Offeror”) has commenced a voluntary recommended public cash tender offer to purchase all of the issued and outstanding shares in Cramo Plc (“Cramo”) on November 25, 2019 (the “Tender Offer”). The acceptance period of the Tender Offer commenced on November 25, 2019 at 9:30 a.m. (Finnish time) and will expire on January 31, 2020 at 4:00 p.m. (Finnish time) (the “Offer Period”).

The Finnish Financial Supervisory Authority has today approved the Finnish language version of a supplement to the tender offer document relating to the Tender Offer (the “Supplement Document”). The Supplement Document relates to the statement by the Board of Directors of Cramo, in accordance with the Finnish Securities Market Act, supplemented on January 17, 2020 (the “Supplement Statement”), with which the Offeror supplements the tender offer document. The Supplement Document and the Supplement Statement have been attached as Annex 1 to this release. In addition, the Supplement Statement has been included as Annex G to the tender offer document.

An electronic version of the Tender Offer Document together with the Supplement Document is available from January 21, 2020 onwards online in Finnish at www.boels.nl/tod and www.nordea.fi/osakkeet, and as an English translation at www.boels.nl/tod and www.nordea.fi/equities.

Annex 1: Supplement Document and Supplement Statement

Media Enquiries Cramo:

Sohana Josefsson
SVP Marketing & Communication, Cramo Plc
M: [phone]
E: [e-mail]

Media Enquiries Boels:

Karl Emerick Hanuska
Hill+Knowlton Strategies
M: [phone]
E: [e-mail]

Investor Enquiries Cramo:

Aku Rumpunen
CFO, Cramo Plc
M: [phone]
E: [e-mail]

ABOUT BOELS

Boels is one of the most renowned equipment rental companies in Europe and the no. 1 player in Benelux, focusing on equipment rental. Boels is a generalist but has throughout the years established specialized divisions. Since its founding in 1977 Boels has grown into a rental company with more than 4200 employees and over 450 depots in 11 countries. The strong expansion of activities is based on autonomous growth as well as a number of strategic acquisitions and has resulted in a doubling of turnover every five years. This makes Boels one of the fastest growing rental companies.