The following information is based on a press release from DuPont Denmark Holding ApS (DuPont) dated May 19, 2011 and may be subject to change.
On May 16, 2011, DuPont announced that it has received valid acceptances in respect of approximately 92.2 % of the shares in Danisco A/S (Danisco). On this basis DuPont has resolved to complete the offer for all outstanding shares in Danisco whereby every one (1) Danisco share held entitles their holder to a cash payment of DKK 700.00.
DuPont has proposed to Danisco’s Extra General Meeting (EGM) to be held on June 10, 2011, that the last trading day for the Danisco share will be June 16, 2011. Provided that the EGM approves the proposal and the Danisco share will be de-listed, NASDAQ OMX Derivatives Markets will (1) set a new expiration day for options and futures contracts in Danisco to June 10, 2011, alternatively when trading is considered to be insufficient to support related derivatives trading and (2) settle the contracts at Fair Value.
For further information please contact Håkan Walden +46 8 405 7170 or Mandus Petersson +46 8 405 6682 or see the attached file.
