Cobham plc has today announced its decision to make a voluntarily offer for Thrane & Thrane and to commence a public tender offer process with a view to acquire shares of Thrane & Thrane for DKK 420 per share in cash, equal to a value of the total share capital of approximately DKK 2.4 billion.
The announcement from Cobham can be seen at: www.cobhaminvestors.com
Contact:
Morten Eldrup-Jørgensen, Chairman
T.: +45 2618 7780
About Thrane & Thrane
Thrane & Thrane is the world’s leading manufacturer of equipment and systems for global mobile satellite and radio communication. Since its incorporation in 1981, the company has achieved a leading position within global mobile satellite services based on the Inmarsat system. The company provides equipment for use everywhere – on land, at sea and in the air. The company's communication products are marketed worldwide under the brands Thrane & Thrane, EXPLORERTM, SAILOR® and AVIATOR through distributors and partners. The company’s shares are listed on NASDAQ OMX Copenhagen (THRAN). www.thrane.com.
