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2009-11-11 13:00:00 CET 2009-11-11 13:00:02 CET REGULATED INFORMATION Efore - Company AnnouncementChanges in Efore's Liquidity Providing (LP) agreementEFORE PLC Stock Exchange Release November 11, 2009 2.00 p.m. Efore Plc has has terminated the Liquidity Providing agreement between Efore Plc and Nordea. Market making in accordance with the LP agreement will end on December 31, 2009. At the same time Efore Plc and FIM Bank Ltd have signed a market making agreement that meets the requirements of NASDAQ OMX Helsinki Ltd's Liquidity Providing (LP) operations. According to the agreement FIM Bank Ltd will quote bids and offers for Efore Plc's share so that the spread of the bid and offer prices is a maximum of 3 per cent calculated on the bid price. The bids and offers quoted by the liquidity provider must be for at least 6000 shares. FIM Bank Ltd shall quote bids and offers for Efore Plc's share in the trading system of NASDAQ OMX Helsinki on each trading day for at least 85 per cent of the Continuous Trading period and in the auction procedures applicable to the share. Market making in accordance with the LP agreement will commence on January 1, 2010. The agreement will be in force initially for a fixed term of 6 months and thereafter under further notice, and agreement's period of notice is one month. EFORE PLC Reijo Mäihäniemi President and CEO For further information please contact Mr. Reijo Mäihäniemi, President and CEO, tel. +358 9 4784 6312 DISTRIBUTION Nasdaq OMX Helsinki Ltd Principal media Efore Group Efore Group is an international company providing services for ICT, industrial automation and health care industries. Its operations comprise energy saving custom-designed power supplies, power systems, manufacturing of demanding electronics, and related service and maintenance. Efore's head office is in Espoo, Finland. Besides Finland, the company's product development and marketing units are located in China, the USA and Sweden. Its production units are located in China and Estonia. In the fiscal year ending in October 2008, consolidated net sales totaled EUR 78,3 million and the Group's personnel averaged 637. The company's share is quoted on the Nasdaq OMX Helsinki Ltd. www.efore.com |
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