{"id":5617,"date":"2026-05-05T13:55:16","date_gmt":"2026-05-05T12:55:16","guid":{"rendered":"https:\/\/withsecure.vps.staging.elixirrdigital.com\/?page_id=5617"},"modified":"2026-06-03T15:24:51","modified_gmt":"2026-06-03T14:24:51","slug":"recommended-cash-tender-offer","status":"publish","type":"page","link":"https:\/\/withsecure.vps.staging.elixirrdigital.com\/en\/recommended-cash-tender-offer\/","title":{"rendered":"Recommended cash tender offer"},"content":{"rendered":"\n
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\n Recommended cash tender offer.<\/span><\/h1>
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This page will contain most up-to-date information regarding the Recommended Cash Tender Offer<\/p>\n<\/div>\n <\/div>\n <\/div>\n <\/div> <\/div>\n<\/section>\n\n\n\n

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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND OR SOUTH AFRICA OR IN ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW. FOR FURTHER INFORMATION, PLEASE SEE SECTION ENTITLED \u201cIMPORTANT INFORMATION\u201d OF THE STOCK EXCHANGE RELEASE.<\/p>\n<\/div>\n <\/div>\n<\/section>\n\n\n\n

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\n \n 08\/08\/2025 <\/span>\n <\/div>\n

\n Inside information: A consortium formed by CVC and Risto Siilasmaa announces a recommended cash tender offer of EUR 1.70 per share through Diana BidCo Oy to the shareholders of WithSecure Corporation <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 15\/08\/2025 <\/span>\n <\/div>\n

\n Statement of the Board of Directors of WithSecure Corporation regarding the voluntary recommended public cash tender offer by Diana BidCo Oy <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 19\/08\/2025 <\/span>\n <\/div>\n

\n Diana BidCo Oy commences the voluntary recommended public cash tender offer for all the shares in WithSecure Corporation on 20 August 2025 <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 19\/08\/2025 <\/span>\n <\/div>\n

\n Tender Offer Document <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 20\/08\/2025 <\/span>\n <\/div>\n

\n Marketing brochure of the transaction (in Finnish language) <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 27\/08\/2025 <\/span>\n <\/div>\n

\n Marketing brochure of the transaction (in Finnish language, print version) <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 29\/08\/2025 <\/span>\n <\/div>\n

\n Diana BidCo Oy extends the offer period of its tender offer for all the shares in WithSecure Corporation <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 09\/10\/2025 <\/span>\n <\/div>\n

\n Diana BidCo Oy supplements the tender offer document relating to the voluntary recommended public cash tender offer for all the shares in WithSecure Corporation <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 09\/10\/2025 <\/span>\n <\/div>\n

\n Supplement Document <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 09\/10\/2025 <\/span>\n <\/div>\n

\n Diana BidCo Oy has received all necessary regulatory approvals for its voluntary recommended public cash tender offer for all the shares in WithSecure Corporation <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 16\/10\/2025 <\/span>\n <\/div>\n

\n Preliminary result of Diana BidCo Oy\u2019s voluntary recommended public cash tender offer for all the shares in WithSecure Corporation <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 20\/10\/2025 <\/span>\n <\/div>\n

\n Final result: Diana BidCo Oy has secured 93.1% of the shares in WithSecure Corporation; Diana BidCo Oy completes the tender offer and commences a subsequent offer period until 3 November 2025 <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 23\/10\/2025 <\/span>\n <\/div>\n

\n WithSecure Corporation ends long-term share-based incentive schemes due to the tender offer being declared unconditional <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 03\/11\/2025 <\/span>\n <\/div>\n

\n Diana BidCo Oy extends the subsequent offer period of its tender offer for all the shares in WithSecure Corporation <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 18\/11\/2025 <\/span>\n <\/div>\n

\n Preliminary result of the subsequent offer period of Diana BidCo Oy\u2019s voluntary recommended public cash tender offer for all the shares in WithSecure Corporation <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 19\/11\/2025 <\/span>\n <\/div>\n

\n Final result of the subsequent offer period of Diana BidCo Oy\u2019s public tender offer for all the shares in WithSecure Corporation; Diana BidCo Oy\u2019s holding will increase to 93.8% <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 08\/12\/2025 <\/span>\n <\/div>\n

\n Appendix to the stock exchange release published on 8 December, 2025:\u00a0Redemption claim regarding minority shares under the Finnish Companies Act <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 01\/06\/2026 <\/span>\n <\/div>\n

\n Plain text cash offer <\/h3>\n <\/div>\n <\/div>\n<\/article>\n <\/div>\n <\/div>\n<\/section>\n\n\n\n
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\n Redemption proceedings<\/span><\/h2> <\/div>
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\n \n 10\/11\/2025 <\/span>\n <\/div>\n

\n Diana BidCo Oy to commence redemption proceedings in respect of the remaining minority shares in WithSecure Corporation as soon as possible <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 08\/12\/2025 <\/span>\n <\/div>\n

\n Trustee appointed for the arbitration proceedings concerning the redemption of minority shares in WithSecure Corporation <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 15\/01\/2026 <\/span>\n <\/div>\n

\n Arbitral tribunal appointed for the arbitration proceedings concerning the redemption of minority shares in WithSecure Corporation <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 17\/02\/2026 <\/span>\n <\/div>\n

\n Diana BidCo Oy (“Diana BidCo”) has submitted a statement of claim to the arbitral tribunal on 17 February 2026. On 17 February 2026, Diana BidCo has also delivered a copy of the statement of claim without appendices and an instruction letter of the arbitral tribunal with appendices for mailing to all minority shareholders of WithSecure Corporation, whose name and address are known to the company. The minority shareholders are not required to submit an answer to the statement of claim, but minority shareholders may, if they so choose, submit their written answers to the statement of claim, if any, by 10 March 2026, in the manner further described in the instruction letter of the arbitral tribunal. <\/h3>\n <\/div>\n <\/div>\n<\/article>\n
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\n \n 13\/03\/2026 <\/span>\n <\/div>\n

\n WithSecure Corporation applies for the delisting of its shares from the official list of Nasdaq Helsinki <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 25\/03\/2026 <\/span>\n <\/div>\n

\n The arbitral tribunal has confirmed Diana BidCo Oy’s redemption right over the minority shares in WithSecure Corporation, and trading in the WithSecure Corporation shares has been suspended <\/h3>\n <\/div>\n \n More<\/span>\n
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\n \n 26\/03\/2026 <\/span>\n <\/div>\n

\n Diana BidCo Oy has gained title to the minority shares in WithSecure Corporation, and the WithSecure Corporation shares will be delisted from the official list of Nasdaq Helsinki <\/h3>\n <\/div>\n \n More<\/span>\n
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Page<\/p>\n <\/div>\n

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Recommended cash tender offer<\/h3>\n
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