- Update on Voluntary Bid Acceptances

On 16 January, Crimsonwing plc announced that shareholders holding 27,297,754 shares in the Company, equivalent to 90.7% of the total issued share capital, have submitted their acceptance form in connection with the offer made by KPMG Investments Malta Limited which is aiming to acquire the entire issued share capital at €0.8327 per share.

This fulfils another of the conditions subject to which the Bid was conditional and revocable in terms of the offer document dated 28 November 2014. The Company will issue a further update at the end of the offer acceptance period, falling on 20 January 2015.