|
|||
2007-10-08 13:35:00 CEST 2007-10-08 13:35:00 CEST REGULATED INFORMATION Salcomp Oyj - Company AnnouncementPRELIMINARY RESULT OF NORDSTJERNAN'S TENDER OFFERSalcomp Plc Stock Exchange Release 8 October 2007 at 14:35 Finnish time PRELIMINARY RESULT OF NORDSTJERNAN'S TENDER OFFER Salcomp Plc has today received the following press release from Nordstjernan AB: “NOT FOR RELEASE, DISTRIBUTION, PUBLICATION, IN WHOLE OR IN PART, INTO OR FROM ANY JURISDICTION WHERE PROHIBITED BY APPLICABLE LAW INCLUDING AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, CANADA AND THE UNITED STATES. PRESS RELEASE Stockholm, October 8, 2007 Nordstjernan announces preliminary result of the public tender offer for all the shares and option rights of Salcomp Plc The public tender offer by Nordstjernan AB (“Nordstjernan”) for all issued and outstanding shares and option rights in Salcomp Plc (“Salcomp”), commenced on September 19, has expired on October 5, 2007 pursuant to the terms and conditions of the offer. The tender offer period will not be continued. According to the preliminary result of the tender offer, shareholders holding 850,622 shares in Salcomp and representing approximately 2.2 per cent of the shares and votes have tendered their shares in the public tender offer. Nordstjernan's total holding in Salcomp would rise approximately to 54.5 per cent of the shares and votes in Salcomp when taking into account those shares of Salcomp acquired earlier by Nordstjernan. The final result of the tender offer will be confirmed and announced approximately on October 10, 2007 at the latest. The tender offer will be executed and the consideration will be paid to all Salcomp shareholders accepted the tender offer pursuant to the terms and conditions of the offer. The trades of the shares will be executed by estimation on October 10, 2007 at the latest and will be settled by estimation on October 15, 2007 at the latest. The payment of the offer price of the shares will be deposited into the bank account connected to the book-entry account of the shareholder having accepted the tender offer or, in the case of shareholders whose holdings are registered in the name of a nominee, into the bank account specified in the acceptance form on the settlement date. If the bank account of a tendering shareholder is with a different banking institution than the book-entry account of such holder, the receipt of the offer price may be delayed by up to approximately two Finnish banking days in accordance with the schedule for payment transactions between Finnish financial institutions. Title to the shares of Salcomp will pass to Nordstjernan against payment of the offer price. NORDSTJERNAN AB Tomas Billing President Nordstjernan AB Please refer questions to: Tomas Billing, President of Nordstjernan, +46 8 788 50 00 Nordstjernan is a family-controlled investment company that creates growth in value through long-term and active ownership of Nordic companies. More information on Nordstjernan can be found on www.nordstjernan.se” Salcomp Plc Markku Hangasjärvi President and CEO Further information: Markku Hangasjärvi, President and CEO, tel. +358 040 7310 114 Antti Salminen, CFO, tel. +358 40 535 1216 Distribution: Nordic Exchange, Helsinki The main media www.salcomp.com |
|||
|