Nurminen Logistics Plc Stock exchange release 7 January 2008
PRELIMINARY OUTCOME OF THE TENDER OFFER RELATED TO THE SHARES IN NURMINEN
LOGISTICS PLC
Nurminen Logistics Plc has today received a notification with the following
content.
NURMINEN LOGISTICS PLC
Lasse Paitsola
President and CEO
Further information:
Lasse Paitsola
President and CEO
Nurminen Logistics Plc
Tel. +358 400 405 801
E-mail: lasse.paitsola@nurminenlogistics.com
www.nurminenlogistics.com
DISTRIBUTION
Helsinki Stock Exchange
Major media
www.nurminenlogistics.com
John Nurminen Oy Release 7 January 2008
THE TENDER OFFER IS NOT BEING MADE, DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION
WHERE PROHIBITED BY APPLICABLE LAW, AND THIS RELEASE MAY NOT BE DISTRIBUTED,
FORWARDED OR DELIVERED BY ANY MEANS OF INSTRUMENTALITY, INCLUDING WITHOUT
LIMITATIONS BY MAIL, TELEFAX, EMAIL OR TELEPHONE OR BY ANY OTHER MEANS INTO OR
FROM ANY JURISDICTION WHERE PROHIBITED BY APPLICABLE LAW.
PRELIMINARY OUTCOME OF THE PUBLIC TENDER OFFER RELATED TO THE SHARES IN NURMINEN
LOGISTICS PLC
Maturiala Oy, Jari Bachmann, Sanni Bachmann and Kirta Forsström (“Kasola's Main
Owners”) and John Nurminen Oy made a public tender offer for Kasola Plc A
shares, the tender offer period of which began on 10 December 2007. On 1 January
2008, Nurminen Logistics Plc (the “Company”) was registered as Kasola Plc's
business name, and at the same time, the combination of the share classes of the
Company was registered.
On 1 January 2008, John Nurminen Oy and the new John Nurminen Oy (business
identity code 2139209-9) established in conjunction with the implementation of
its demerger have assumed responsibility for all obligations related to the
tender offer towards Kasola's Main Owners (John Nurminen Oy and Kasola's Main
owners hereinafter jointly referred to as the “Offerors”).
The tender offer period of the tender offer terminated on 4 January 2008 in
accordance with its terms and conditions.
The Offerors were offered in the tender offer a total of 542,003 shares,
representing approximately 4.26 percent of the issued shares in the Company.
Based on the preliminary outcome of the tender offer, John Nurminen Oy's portion
of ownership and voting rights in the Company will increase to 5.17 percent,
including the shares in the Company previously acquired by John Nurminen Oy.
No other Offerors than John Nurminen Oy will acquire shares in the Company in
conjunction with the tender offer.
The final outcome of the tender offer will be announced on or about 8 January
2008.
The tender offer will be completed and the offer consideration paid in
accordance with the terms and conditions of the tender offer with respect to all
Company shareholders who have accepted the tender offer. Thus, the trades will
be carried out on or about 10 January 2008, at the latest, and the share trades
will be settled on the following banking day, i.e., on or about 11 January 2008,
at the latest (the “Settlement Date”).
The offer price of the Shares will be paid on the Settlement Date to the bank
account linked with the book-entry account of the shareholder offering the
shares, or with respect to those shareholders whose holdings are
nominee-registered, to the bank account specified in the acceptance form. Those
shareholders whose bank account is in a different financial institution than
their book-entry account will receive the offer price to their bank account on
or about two days later in accordance with the schedule for payment transactions
between financial institutions.
The title to the shares will transfer to John Nurminen Oy on the Settlement Date
against payment of the offer price.
JOHN NURMINEN OY
Further information:
Pekka Luukkainen
Managing Director
tel. +358 500 642 421
e-mail pekka.luukkainen@johnnurminen.com
PRELIMINARY OUTCOME OF THE TENDER OFFER RELATED TO THE SHARES IN NURMINEN LOGISTICS PLC
| Source: Nurminen Logistics Oyj