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THE BOARD OF DIRECTORS OF SAFEROAD HOLDING ASA UNANIMOUSLY RECOMMENDS A VOLUNTARY CASH OFFER FROM FSN CAPITAL V TO ACQUIRE ALL OF THE SHARES OF SAFEROAD
Oslo, 16 May 2018: The Board of Directors of Saferoad Holding ASA announces an agreement with WR Start Up 225 AS (name to be changed to "SRH Investco AS"), a company indirectly controlled by FSN Capital V (the “Offeror”) whereby the Offeror will offer to acquire all of the shares of Saferoad through a voluntary cash offer of NOK 30.10 per share. The offer price will not be adjusted for the proposed ordinary dividend for 2017 of NOK 0.90 per share. The Board of Directors of Saferoad recommends the shareholders of Saferoad to accept the offer
Annual General Meeting 2018
The annual general meeting of Saferoad Holding ASA was held on Wednesday 23 May 2018 at 10:00 hours (CET) at Hotel Bristol, Kristian IV’s gate 7, 0164 Oslo.
Road Safety is Saferoad’s largest business area. Our product portfolio consists mainly of road restraint systems, lighting columns, signs, work zone protection and road marking. We are an integrated solutions provider with capabilities to deliver the full spectrum of services, from design to installation, to our customers.
The Road Infrastructure business area operates under the ViaCon brand. Our product portfolio consists of soil steel bridges, pipes and culverts, geosynthetics and water and sewage. We offer products and solutions for subgrade construction, which refers to the process of stabilising and reinforcing the terrain.