OREANDA-NEWS.    Vodafone has today extended its voluntary tender offer for the entire issued share capital of Cobra Automotive Technologies S.p.A (“Cobra”) by five trading days.
Cobra shareholders will now have until 5.30pm, CET, on 1 August 2014 to tender their shares for sale. The Settlement Date will fall on 8 August 2014.  All other terms and conditions of the Offer remain unchanged.
Note to Editors
Cobra Automotive Technologies S.p.A operates in two main sectors. The first relates to the design, development, manufacture and marketing of electronic systems that includes components and burglar alarm systems as well as assistance to low-speed manoeuvres systems.
The second is focussed on the design and provision of services based on geo-location of vehicles to aid the location and recovery of stolen vehicles. This also includes smart insurance services for insurers and the management of vehicle fleets.