LÄNNEN TEHTAAT PLC STOCK EXCHANGE RELEASE June 5, 2007 at 9;45 a.m. COMPETITION AUTHORITIES APPROVE SALE OF MAJORITY SHAREHOLDING IN SUOMEN REHU LTD The Finnish Competition Authority has announced today that it will approve the sale of the majority shareholding in Suomen Rehu Ltd by Lännen Tehtaat plc to Hankkija-Maatalous Oy. The date of closing of the deal agreed on by the parties is June 6, 2007. On that date Suomen Rehu Ltd with its subsidiaries will be transferred to Hankkija-Maatalous Group. The deal comprises 51% of all Suomen Rehu shares. When the deal is closed, Suomen Rehu Ltd will become an associate company of Lännen Tehtaat plc with Lännen Tehtaat holding 49% of the shares. After the closing of the majority holding deal, Lännen Tehtaat will have the right to sell the remaining 49% of the shares in Suomen Rehu to Hankkija-Maatalous, if it wishes. Hankkija-Maatalous will have a purchasing option for the remaining shares, which it will be able to put into effect at the earliest 15 months after the closing of the majority holding deal, i.e. in September 2008 at the earliest. LÄNNEN TEHTAAT PLC Matti Karppinen CEO More details: Matti Karppinen, CEO, tel. +358 10 402 4001 Distribution: Helsinki Stock Exchange Main media www.lannen.fi
COMPETITION AUTHORITIES APPROVE SALE OF MAJORITY SHAREHOLDING IN SUOMEN REHU LTD
| Source: Apetit Oyj