Arcam AB fka AMAVF

[Mr Twenton]

See the following sections of below document:

II.10 The offeror's obligation to treat all holders of shares with identical terms and conditions as

II.13 Acquisition prior to the offer

II.14 acquisition during the offer

II.15 Acquisitions after the offer


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According to my understanding GE would now not even be allowed to buy Arcam shares at any other price (lower or higher) than SEK 285 over the stock market! If they buy from any other share holder at e.g. SEK 310, they would have to raise the general bid to 310 .... and this goes even for up to 6 months after the bid expiration date, which means if they do so within 6 months they retroactively have to compensate all other share holders who sold their shares to them at e.g. SEK 285.