Etteplan Oyj: Information about the mandatory bid for Etteplan Oyj's shares by Ingman Group Oy Ab
ETTEPLAN OYJ, STOCK EXCHANGE RELEASE, SEPTEMBER 9, 2013, AT 10.00 A.M.
ETTEPLAN OYJ: INFORMATION ABOUT THE MANDATORY BID FOR ETTEPLAN OYJ'S SHARES BY INGMAN GROUP OY AB
Etteplan Oyj (”Etteplan”) has today received the below notification from Ingman Group Oy Ab (”Ingman Group”) on the mandatory bid for Etteplan’s shares:
Ingman Group makes reference to its notification of August 19, 2013 and the stock exchange release by Etteplan, in which the obligation of Ingman Group to launch a mandatory bid was announced.
The mandatory bid for the remaining shares in Etteplan (“Mandatory Bid”) by Ingman Group will commence on September 18, 2013 at 9.30 A.M. and will preliminarily end on October 9, 2013 at 4.00 P.M. (Finnish time). The cash consideration to be offered in the Mandatory Bid will be
EUR 3.20 for each share in Etteplan. The Mandatory Bid is not dependent on reaching a certain ownership limit. Ingman Group will publish an offer document regarding the Mandatory Bid before the commencement of the offer period.
Ingman Group will in the Mandatory Bid comply with the Recommendation regarding the procedures to be complied with in takeover bids issued by the Central Chamber of Commerce of Finland.
For the sake of good order, Ingman Group reserves the opportunity to acquire shares in Etteplan outside of the Mandatory Bid at a price not exceeding the price offered in the Mandatory Bid.
Hollola, September 9, 2013
Etteplan Oyj
Group Communications
Additional information:
Juha Näkki, President and CEO, tel. +358 400 606 372
DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.etteplan.com
Etteplan provides engineering services and technical product information solutions to the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products.
In 2012, Etteplan had turnover of EUR 134.5 million. The company has more than 1,700 professionals in Finland, Sweden, the Netherlands and China. Etteplan's shares are listed on NASDAQ OMX Helsinki Ltd under the ETT1V ticker.