In regards to the takeover offer from White Pearl Group, Ayima has appointed an Independent Bid Committee to commission an Independent Valuation Report in accordance with the rules concerning takeovers on Nasdaq First North.
In Summary, the report, authored by Placing Valuation, concludes:
"Based on our analyses and value considerations, Placing considers the Offer Price offered 0.6 WPTG shares per Ayima share (totaling to approximately 20.7 mSEK ) to be fair from a financial point of view. This conclusion is based on the following considerations:- The Offer is within the value range resulting from the application of different valuation methods
- The offer represents a significant premium compared to the public trading in Ayima prior to the announcement of the offer
- The offer is within the valuation range of the trading multiples valuation"
The Ayima Independent Bid Committee accepts the conclusions of the report and advises Ayima shareholders to accept the offer of 0.6 WPTG shares for each Ayima share as per the terms of the offer.
The full report is attached to the Press Release and is also available to download at Ayimagroup.com.