31 Jan 2024

Latest on Canon purchase of Oce

Canon logo

On November 16, 2009 Canon Inc. (trading symbol CAJ) ("Canon") and Océ N.V. (trading symbol OCE) ("Océ") announced that Canon intends to make a fully self-funded, public cash offer for all the issued and outstanding ordinary shares of Océ (the "Ordinary Shares") at an offer price of € 8.60 in cash per Ordinary Share.

Today, Canon has given notice to the AFM (Dutch Authority Financial Markets) that it has acquired through market purchases a number of Ordinary Shares representing approximately 20.0% of Océ's total issued share capital.

These Ordinary Shares were acquired by Canon at an average price of € 8.546 (with € 8.59 as the highest price paid) and represent approximately 25.3% of the total Ordinary Shares.