businesspress24.com - More than 90% of all Larox shares and votes tendered to Outotec
 

More than 90% of all Larox shares and votes tendered to Outotec

ID: 1009271

(Thomson Reuters ONE) - OUTOTEC OYJ  STOCK EXCHANGE RELEASE, JANUARY 22, 2010 AT 1.45 PMMore than 90% of all Larox shares and votes tendered to OutotecAccording to preliminary information received by Outotec Oyj ("Outotec"),Outotec has, by January 21, 2010, been offered in its mandatory public tenderoffer for Larox Corporation ("Larox") (the "Tender Offer") an amount of Laroxshares, which together with the Larox shares already owned by Outotec representsapproximately 90.2% of all the Larox shares and approximately 98.1% of all thevotes attached to the Larox shares.The offer period under the Tender Offer commenced on December 28, 2009. TheTender Offer is made for all the series A and B shares issued by Larox, whichare not in the ownership of Outotec or which Larox does not own, as well as forthe unused subscription rights relating to the 1994 bonus issue by Larox (the"Subscription Rights").The Larox shares and Subscription Rights tendered in the Tender Offer aretransferred to the ownership of Outotec in connection with the completion of theTender Offer in accordance with the terms and conditions of the Tender Offer.Should Outotec's holding in Larox in accordance with the final result of theTender Offer exceed 90% of all the Larox shares and the votes attached to theshares, Outotec shall have a right and obligation to redeem the remaining sharesissued by Larox.The offer period under the Tender Offer expires today at 4.00 pm (Finnish time).Outotec OyjBoard of DirectorsFor further information, please contact:OUTOTEC OYJPertti Korhonen, CEO, tel. +358 20 529 211Vesa-Pekka Takala, CFO, tel. +358 20 529 211, +358 40 570 0074Rita Uotila, VP - Investor Relations, tel. +358 20 529 2003, +358 400 954 141Eila Paatela, VP - Corporate Communications, tel. +358 20 529 2004, +358400 817 198e-mails: firstname.lastname(at)outotec.com DISTRIBUTIONNASDAQ OMX HelsinkiMain mediawww.outotec.com THE TENDER OFFER IS NOT BEING MADE DIRECTLY OR INDIRECTLY IN ANY JURISDICTIONWHERE PROHIBITED BY APPLICABLE LAW AND THIS STOCK EXCHANGE RELEASE IS NOT ANDMAY NOT BE DISTRIBUTED, FORWARDED OR TRANSMITTED INTO OR FROM ANY JURISDICTIONWHERE PROHIBITED BY APPLICABLE LAW BY ANY MEANS WHATSOEVER INCLUDING, WITHOUTLIMITATION, MAIL, FACSIMILE TRANSMISSION, E-MAIL OR TELEPHONE.[HUG#1376101]




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Datum: 22.01.2010 - 06:46 Uhr
Sprache: Deutsch
News-ID 1009271
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