FINAL RESULT OF THE PUBLIC TENDER OFFER FOR ALL THE SHARES AND OPTION RIGHTS OF FIM GROUP CORPORATION
FIM GROUP CORPORATION STOCK EXCHANGE RELEASE MAY 21, 2007
FINAL RESULT OF THE PUBLIC TENDER OFFER FOR ALL THE SHARES AND OPTION RIGHTS OF FIM GROUP CORPORATION
FIM Group Corporation has received today the following release:
GLITNIR BANKI HF STOCK EXCHANGE RELEASE MAY 21, 2007
FINAL RESULT OF THE PUBLIC TENDER OFFER FOR ALL THE SHARES AND OPTION RIGHTS OF FIM GROUP CORPORATION
Not for release, publication or distribution in the United States, Canada, Japan or Australia.
The public tender offer by Glitnir Banki hf (Glitnir) for all issued and outstanding shares and option rights in FIM Group corporation (FIM) terminated on May 16, 2007.
The final result of the offer has, after recounting, been confirmed following the confirmation by redemption offer agencies of the number of final redemption orders. Glitnir's holding in FIM after termination of the tender offer is a total of 41.951.451 shares representing about 98.28 per cent of shares issued by FIM and of votes attached to them.
In addition, Glitnir has received acceptances on all of the option rights subject to the tender offer.
Glitnir has decide to fully use the company’s own shares held by Glitnir as the payment of the consideration shares of the combined consideration.
Following the completion and settlement of the trades in connection to the execution of the tender offer, Glitnir's holding in FIM will exceed nine-tenth (9/10) of FIM's shares and votes attached to the shares, on the basis of which Glitnir shall be entitled to and when required obligated to redeem shares held by other shareholders at a fair price under Chapter 18, Section 1 of the Finnish Companies Act.
Glitnir will initiate measures under the Finnish Companies Act to redeem the shares of FIM held by other parties than Glitnir. Glitnir will publish more information on the procedure separately.
Glitnir banki hf.
Board of Directors
Further information:
Bjorn Richard Johansen, Managing Director, Corporate Communications, Glitnir banki hf.
Tel: +47 2282 5693
bjr@glitnir.no
Glitnir banki h.f.
Tel: +354 440 4500
DISTRIBUTION
Helsinki Stock Exchange
Main media
www.fim.com
DISCLAIMER
These materials are not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. The issuer of the shares has not registered, and does not intend to register, any portion of the offering in the United States and does not intend to conduct a public offering of shares in the United States.
This document may not be published, released or otherwise distributed, full or partially, to the United States, Canada, Japan or Australia. This document is not a prospectus and as such does not constitute an offer to sell or the solicitation of an offer to purchase shares or rights to subscribe for shares. Investors should not subscribe for any shares or rights referred to in this document, or tender any shares, except on the basis of the information contained in a prospectus or tender offer document. The offer will not be made in any such country in which either the offer or the participation into it would be prohibited, or would acquire, in addition to measures under Finnish law, tender offer’s preparing, registration or any other measures.
Offers will not be made directly or indirectly in any jurisdiction where prohibited by applicable law and any offer documents and related acceptance forms will not and may not be distributed, forwarded or transmitted into or from any jurisdiction where prohibited by applicable law. In particular, the rights offering and the tender offer will not be made, directly or indirectly, in or into, or by use of the mails of, or by any means of instrumentality (including fax, telex, telephone or Internet) of interstate or foreign commerce of, or any facilities of a national securities exchange of Australia, Hong Kong, Japan, South-Africa, Canada or the United States. The tender offer is not acceptable, if one of the before mentioned means are used or if the approval of the tender offer is executed in the United States, Canada, Japan or Australia.