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2007-11-07 07:00:00 CET 2007-11-07 07:00:00 CET REGULATED INFORMATION Technopolis - Company AnnouncementTECHNOPOLIS PLC CONTEMPLATES SHARE ISSUE DIRECTED TO INSTITUTIONAL INVESTORS; RECEIPT OF SUBSCRIPTION UNDERTAKING WILL COMMENCE ON 7 NOVEMBER 2007The Board of Directors of Technopolis Plc (Company) has decided to receive subscription undertakings related to the share issue contemplated by the Company. In the share issue, the Company's shares will be offered to a limited number of Finnish and international institutional investors. The maximum number of new shares to be offered for subscription is 1,880,000 shares. Background to share issue The purpose of the share issue is to finance the investments in accordance with the Company's investment plan, secure the Company's growth, maintain the Company's liquidity and extend the Company's shareholder base. The share issue is intended to be implemented on the basis of an authorisation for a share issue granted to the Company's Board of Directors on 29 March 2007 by the Annual General Meeting of Shareholders of the Company. Implementation of share issue The share issue will be implemented through a book-building process where subscription undertakings for the new shares may be made by selected institutional investors. The book-building will commence on 7 November 2007 at 10 a.m. (Finnish time) and end no later than 9 November 2007 at 4 p.m. (Finnish time), after which the Board of Directors of the Company will make the final decision on the implementation of the share issue. In the event of oversubscription, the share issue may be discontinued not earlier than today at 6 p.m. (Finnish time). Trading in the new shares together with the other shares in the Company will commence on the Official List of OMX Nordic Exchange in Helsinki on or about 15 November 2007 at the latest. The new shares will correspond to approximately 4.5 per cent of all the shares in the Company and the votes attached to such shares before the implementation of the share issue, provided that the share issue is subscribed in full. The sole manager of the share issue is Evli Bank Plc, Corporate Finance. Oulu, November 7, 2007 TECHNOPOLIS PLC Board of Directors For further information, please contact Pertti Huuskonen, President and CEO, tel. +358 400 680 816 or +358 8 551 3213 Distribution: OMX Nordic Exchange Helsinki Main news media www.technopolis.fi THESE MATERIALS ARE NOT AN OFFER FOR SALE OF THE SHARES IN THE UNITED STATES OR IN ANY OTHER JURISDICTION. THE SHARES MAY NOT BE SOLD IN THE UNITED STATES WITHOUT REGISTRATION OR AN EXEMPTION FROM REGISTRATION UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED. TECHNOPOLIS PLC DOES NOT INTEND TO REGISTER ANY PORTION OF SUCH OFFERING IN THE UNITED STATES OR TO CONDUCT A PUBLIC OFFERING OF SHARES IN THE UNITED STATES. |
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