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2007-11-15 09:35:44 CET 2007-11-15 09:35:44 CET REGLERAD INFORMATION Perlos - Corporate ActionPERLOS APPLIES FOR DELISTING OF ITS SHARES AND OPTIONSPERLOS CORPORATION STOCK EXCHANGE RELEASE 15 NOVEMBER 2007 Perlos Corporation ("Perlos") has today, on 15 November 2007, filed applications with OMX Nordic Exchange Helsinki Oy's listing committee and CEO for the purpose of ending the quotation of its shares and options and delisting its shares and options from OMX Nordic Exchange Helsinki Oy. The delisting application concerning Perlos' shares (POS1V) will be processed by the listing committee of OMX Nordic Exchange Helsinki Oy, while the delisting application for listed options (2002A stock options, 2002B stock options, 2002C stock options and 2005A stock options) will be processed by the CEO of OMX Nordic Exchange Helsinki Oy. Lite-On (Finland) Oy ("Lite-On Finland") has acquired 95.84 per cent of the shares and votes in Perlos through a public cash tender offer for all issued and outstanding shares and options of Perlos (the"Tender Offer"). Further, to Perlos' knowledge, Lite-On Finland owns 99.08 per cent of the options issued by Perlos (this number includes the options held by Perlos' wholly-owned subsidiary, which have not been granted to anyone). To Perlos' knowledge, there would appear to be 19 other option holders in addition to Lite-On Finland. Perlos has also initiated procedures to give the remaining option holders a possibility to either convert their options into shares or sell their options back to Perlos. Perlos has requested that the listing committee would in its meeting on 16 November 2007 approve the delisting application concerning shares as conditional and subject to the fact that as a result of the redemption proceeding in accordance with the Finnish Companies Act, Lite-On Finland Oy will own 100 per cent of the shares in Perlos. Board of Directors PERLOS CORPORATION 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 2006, Perlos Corporation's net sales amounted to EUR 673,6 million. The company employed approximately 9,200 people worldwide in the end of September, 2007. Perlos share (POS1V) is traded on the OMX Nordic Exchange Helsinki. DISTRIBUTION Helsinki Stock Exchange Central media www.perlos.com |
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