Helsinki, Finland, 2015-03-25 17:00 CET (GLOBE NEWSWIRE) --
Ixonos Plc Stock Exchange Release 25 March 2015 at 18:00
THE PRELIMINARY RESULT OF THE MANDATORY PUBLIC TAKEOVER BID FOR IXONOS PLC’S SHARES AND OPTION RIGHTS MADE BY TREMOKO OY AB
Not for publication or distribution, directly or indirectly, in or into the United States, Canada, Australia, New Zealand, South Africa, China, Hong Kong, Singapore or Japan or any other country where publication or distribution would be unlawful.
The offer period of the mandatory public tender offer (“Takeover Bid”) made by Tremoko Oy Ab, concerning all issued Ixonos Plc (“Company” or “Ixonos”) shares (“Shares”) and option right (“Options”) that are not owned by the Company or its subsidiaries or already owned by Tremoko Oy Ab, expired on 24 March 2015.
Pursuant to the preliminary result of the Takeover Bid by Tremoko Oy Ab, altogether 20,256,992 Shares tendered in the Takeover Bid represent approximately 10.0 per cent of all the Shares and votes in Ixonos. Thus, after the execution trades of the shares validly tendered in the Takeover Bid have been made, the total ownership of Tremoko Oy Ab of all the Shares and votes in Ixonos would be in total approximately 81.7 per cent.
Moreover, altogether 1,540,000 Options have been offered based on the preliminary result in the Takeover Bid. After the transaction exercising the Options accepted in the Takeover Bid, Tremoko Oy Ab would have the opportunity to raise its share of ownership to altogether approximately 81.9 per cent of all of Ixonos’s Shares and votes by using the said Options to subscribe for Ixonos Shares.
Tremoko Oy Ab has informed that it will confirm and announce the final result of the tender offer on or about 26 March 2015.
IXONOS PLC
Esa Harju
CEO
Additional Information:
Ixonos PLC, Esa Harju, CEO, tel. +358 40 844 3367, esa.harju@ixonos.com
Ixonos PLC, Mikael Nyberg, CFO, tel. +358 40 501 4401, mikael.nyberg@ixonos.com
Distribution:
NASDAQ OMX Helsinki
Main Media
www.ixonos.com
