Copeinca: RESPONSE TO CHINA FISHERY GROUP LIMITED
(Thomson Reuters ONE) -
Reference is made to the stock exchange announcement made by China Fishery Group
Limited ("CFGL") on 22 March 2013.
Copeinca's board of directors considers CFGL's announcement speculative and with
the sole purpose of preserving the interest of CFGL, and considers CFGL's
announcement misleading for investors who wish to make informed investment
decisions with regard to the Copeinca shares.
As per earlier announcements, Copeinca's board of directors is, together with
its advisors, actively considering all options to maximize value for all of
Copeinca's shareholders. The key focus of these considerations is continuing
discussions with parties potentially interested in making an offer for all of
the shares in Copeinca, at better terms than, and within the timeframe set by,
CFGL's offer. The board of directors is pleased with the progress made in this
regard and will revert with further updates and recommendations in due course.
In the event of any shareholder concerns caused by CFGL's announcement with
regard to Copeinca's authorization to issue new shares, the board of directors
wishes to express that it would only consider using this if it is deemed
necessary to maximize the value for all Copeinca's shareholders. Using the
authorization simply to block CFGL's, or any other potential bidder's offer,
without ensuring that a more favorable offer is presented to all Copeinca's
shareholders, would hence not be considered by the board of directors of
Copeinca.
For further information, please contact:
Samuel Dyer Coriat
Chairman, Copeinca ASA
Email: sdyerc(at)copeinca.com.pe
Tel: + 51-(1)-213 4040
Mikkel Storm-Jensen Enrique Vivot
Managing Director and Co-Head of Nordic IBD Managing Director and Head of Latam
Andean Region UBS UBS
Email: mikkel.storm-Jensen(at)ubs.com Email: enrique.vivot(at)ubs.com
Mobile: +44-77-7624 5160 Mobile: +54-911-3175 1173
Tel: +44-20-7567 2293 Tel: +54-11-4316 0310
Per Even Hauge Torleif Ernstsen
Director Director
DNB Markets Carnegie
Email: per.even.hauge(at)dnb.no Email: te(at)carnegie.no
Mobile: +47-97 13 58 66 Mobile: +47-93 40 93 88
Tel: +47-23 26 80 58 Tel: +47-22 00 93 88
About Copeinca ASA
Copeinca ASA is one of the largest fishmeal and fish oil producers in Peru. The
Company produces its fishmeal and fish oil from anchovy harvested off the coast
of Peru, and most of its production is exported. Key countries for export are
China, Japan, Germany, Canada, Chile and Denmark. Typical customers are fish
and animal feed producers as well as refineries for omega-3 products. Copeinca
ASA runs its operations out of Lima and has its own fleet. Copeinca ASA
operates 5 plants located in strategic locations all around the Peruvian coast
line. The company has around 1,400 part and full time employees.
Please visit www.copeinca.com
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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: Copeinca via Thomson Reuters ONE
[HUG#1687831]
Unternehmensinformation / Kurzprofil:
Datum: 25.03.2013 - 08:02 Uhr
Sprache: Deutsch
News-ID 242557
Anzahl Zeichen: 4240
contact information:
Town:
Lima 13
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 176 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Copeinca: RESPONSE TO CHINA FISHERY GROUP LIMITED"
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