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2008-03-14 15:45:00 CET 2008-03-14 15:45:27 CET REGULATED INFORMATION Perlos - Company AnnouncementLITE-ON (FINLAND) OY HAS GAINED TITLE TO ALL THE SHARES IN PERLOS CORPORATIONPERLOS CORPORATION STOCK EXCHANGE RELEASE 14 MARCH 2008 Perlos Corporation ("Perlos") has today received the following information from Lite-On (Finland) Oy ("Lite-On"):"The Arbitral Tribunal appointed by the Redemption Committee of the Central Chamber of Commerce has on 5 March 2008 confirmed that Lite-On has a right to redeem the minority shares in Perlos and that Lite-On has the right to obtain title to the minority shares by lodging a security approved by the Arbitral Tribunal for the payment of the redemption price and the interest accruing thereon and potential interest on arrears. Lite-On has today lodged security approved by the Arbitral Tribunal and thus gained title to all the shares in Perlos in accordance with Chapter 18, Section 6 of the Companies Act. After the security having been lodged, the minority shareholders of Perlos who are parties to the redemption proceedings are only entitled to receive the redemption price and the interest payable thereon and potential interest on arrears." OMX Nordic Exchange Helsinki Oy ("OMX Helsinki") has on 14 December 2007 decided that the Perlos shares and options will be delisted from OMX Helsinki upon title to all shares in Perlos having been transferred to Lite-On. It is estimated, that the quoting of the Perlos shares and options on OMX Helsinki will therefore cease today in accordance with a separate release issued by OMX Helsinki. PERLOS CORPORATION Additional Information:Jari Laaninen, Vice President, Treasury and Investor Relations, tel. +358 (0)9 2500 7326 PERLOS IN BRIEF Perlos Corporation is a global design and manufacturing partner for the telecommunications and electronics industry. The service offering covers the whole product life cycle from product design to manufacturing, logistics and new product versions. The production facilities are located in Asia, Europe and North and South America and the company is headquartered in Finland. In 2007, Perlos Corporation's net sales amounted to EUR 453,7 million. The company employed approximately 8,600 people worldwide in the end of the year 2007. Perlos is a part of Lite-On Group since November 2007. DISTRIBUTION Helsinki Stock Exchange Central Media www.perlos.com |
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