Final result of Trimble's public tender offer for all the shares in Tekla Corporation
(Thomson Reuters ONE) -
Tekla Corporation               Stock exchange release     June 30, 2011
                                        at 4:30 p.m.
Final result of Trimble's public tender offer for all the shares in Tekla
Corporation
Tekla Corporation has today received the following release from Trimble Finland
Oy:
Trimble Finland Oy                                     Release         30 June
2011 at 1:30 p.m.
FINAL RESULT OF TRIMBLE'S PUBLIC TENDER OFFER FOR ALL THE SHARES IN TEKLA
CORPORATION
The extended offer period in the public tender offer by Trimble Finland Oy
("Trimble Finland") for all of the issued and outstanding shares in Tekla
Corporation ("Tekla") that are not owned by Tekla (the "Tender Offer") expired
on 27 June 2011.
According to the final result of the Tender Offer, the shares tendered in the
Tender Offer represent approximately 99.46 percent of all the shares and votes
in Tekla. Since all the conditions to completion of the Tender Offer have been
fulfilled, Trimble Finland will complete the Tender Offer in accordance with its
terms and conditions.
On 28 June 2011 Tekla issued a stock exchange release announcing that it will
pay an additional dividend of EUR 0.80 per share (totaling EUR 17,996,800).
According to Tekla's stock exchange release, the dividend record date is 1 July
2011 and the payment date 8 July 2011.
The trades to complete the Tender Offer will be executed on or about 5 July
2011. Pursuant to the terms and conditions of the combination agreement between
Tekla and Trimble Navigation Limited and the terms and conditions of the Tender
Offer, the abovementioned additional dividend will decrease the offer price in
the Tender Offer by EUR 0.80 per share. The final offer price of EUR 14.20 per
share shall be paid to the shareholders who have validly accepted the Tender
Offer on or about 8 July 2011, as of which date the ownership of the tendered
shares will be transferred to Trimble Finland.
Trimble Finland's intention is to acquire all the shares in Tekla. As Trimble
Finland's ownership upon the settlement of the trades to complete the Tender
Offer will exceed nine-tenths (9/10) of the shares and voting rights in Tekla,
Trimble Finland will initiate compulsory redemption proceedings for the
remaining shares in Tekla under the Finnish Companies Act. Trimble Finland may
purchase shares in Tekla also in public trading on NASDAQ OMX Helsinki or
otherwise at a price not exceeding the final offer price in the Tender Offer of
EUR 14.20 per share.
Trimble Navigation Limited
Trimble Finland Oy
Further information:
Björn Johansson, Lazard AB, +46 709 999 710
Steven Berglund, Trimble Navigation Limited, +1 408 481 8000
Distribution: NASDAQ OMX Helsinki Ltd., principal media, www.tekla.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Tekla Oyj via Thomson Reuters ONE
[HUG#1527406]
Unternehmensinformation / Kurzprofil:
Datum: 30.06.2011 - 15:30 Uhr
Sprache: Deutsch
News-ID 56013
Anzahl Zeichen: 3748
contact information:
Town:
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Kategorie:
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