Imtech announces share consolidation ratio of 500 for 1
(Thomson Reuters ONE) -
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION INTO OR IN THE UNITED STATES,
AUSTRALIA, CANADA, OR JAPAN
Today, Royal Imtech announces that it has set a consolidation ratio at 500:1 for
the share consolidation previously announced in its 26 August 2014, 25 September
2014 and 23 October 2014 press releases.
As a result, every 500 ordinary shares, with nominal value 0.01 euro (ISIN
NL0006055329) (the "Ordinary Shares") will be consolidated into one (1) ordinary
share with nominal value 5.00 euro (ISIN NL0010886891) (the "Consolidated
Ordinary Shares").
If, after the Share Consolidation, a holder of Ordinary Shares holds a number of
Ordinary Shares through the giro system which is not exactly divisible in
accordance with the consolidation ratio above, his bank or broker will round the
number of Ordinary Shares held by that holder of Ordinary Shares up or down, in
accordance with the particular contractual arrangement between that bank or
broker and the holder of Ordinary Shares. Settlement and rounding-off will be
done in the customary manner by the banks or brokers. Reference is made to the
agenda of the extraordinary general meeting of shareholders held on 7 October
2014 for a more detailed explanation on the consequences for individual
shareholders.
The trading of the Consolidated Ordinary Shares will start on 28 October 2014.
The last day of trading in the Ordinary Shares will therefore be today. Today,
the ticker symbol will change temporarily from IM to IMCO. On 28 October 2014,
the ticker symbol will change back to IM.
As announced in the 25 September 2014 press release, the tick size will be
adjusted from 0.0001 euro back to its original size of 0.001 euro as of 1
November 2014.
More information
Media: Analysts & investors:
Dorien Wietsma Jeroen Leenaers
Director Corporate Communication & CSR Director Investor Relations
T: +31 182 54 35 53 T: +31 182 543 504
E: dorien.wietsma(at)imtech.com E: jeroen.leenaers(at)imtech.com
www.imtech.com www.imtech.com
Imtech profile
Royal Imtech N.V. is a European technical services provider in the fields of
electrical solutions, automation and mechanical solutions. With approximately
23,000 employees, Imtech holds attractive positions in the buildings and
industry markets in the Netherlands, Belgium, Luxembourg, Germany, Austria,
Eastern Europe, Sweden, Norway, Finland, the UK, Ireland and Spain, the European
market of Traffic as well as in the global marine market. Imtech offers
integrated and multidisciplinary total solutions that lead to better business
processes and more efficiency for customers and the customers they, in their
turn, serve. Imtech also offers solutions that contribute towards a sustainable
society - for example, in the areas of energy, the environment, water and
traffic. Imtech shares are listed on the Euronext Amsterdam.
Disclaimer
Please read this carefully as it applies to all persons who read this press
release. This press release contains information and documents relating to an
offer, through a rights issue, of new shares of Royal Imtech N.V. You may not be
eligible to view the contents of that information and those documents.
Accordingly, if you wish to read this information you must first inform yourself
about and then observe the statutory and regulatory requirements applicable to
you and to your jurisdiction. In order to establish whether or not you may view
the information and documents please read the disclaimer below in full.
This press release is not for release, distribution or publication, whether
directly or indirectly and whether in whole or in part, into or in the United
States, Australia, Canada or Japan or any (other) jurisdiction where to do so
would constitute a violation of the relevant laws of such jurisdiction.
This press release is for information purposes only and is not intended to
constitute, and should not be construed as, an offer to sell or a solicitation
of any offer to buy securities of Royal Imtech N.V. (the "Company", and such
securities, the "Securities") in the United States, Australia, Canada or Japan
or in any other jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration, exemption from registration or qualification
under the securities laws of such jurisdiction.
The Securities have not been and will not be registered under the U.S.
Securities Act of 1933, as amended (the "U.S. Securities Act") and will not be
registered with any authority competent with respect to securities in any state
or other jurisdiction of the United States. The Securities may not be offered or
sold in the United States absent registration or an exemption from registration
under the U.S. Securities Act. The Company has registered no part of the
offering of the Securities in the United States or any other jurisdiction, nor
has it the intention to do so. The Company has no intention to make a public
offering of Securities in the United States or in any other jurisdiction other
than the Netherlands.
The Company has not authorised any offer to the public of Securities in any
Member State of the European Economic Area other than the Netherlands. With
respect to any Member State of the European Economic Area, other than the
Netherlands, and which has implemented the Prospectus Directive (each a
"Relevant Member State"), no action has been undertaken or will be undertaken to
make an offer to the public of Securities requiring publication of a prospectus
in any Relevant Member State. As a result, the Securities may only be offered in
Relevant Member States (i) to any legal entity which is a qualified investor as
defined in the Prospectus Directive; or (ii) in any other circumstances falling
within Article 3(2) of the Prospectus Directive. For the purpose of this
paragraph, the expression "offer of securities to the public" means the
communication in any form and by any means of sufficient information on the
terms of the offer and the Securities to be offered so as to enable the investor
to decide to exercise, purchase or subscribe for the securities, as the same may
be varied in that Member State by any measure implementing the Prospectus
Directive in that Member State and the expression "Prospectus Directive" means
Directive 2003/71/EC (and amendments thereto, including Directive 2010/73/EU, to
the extent implemented in the Relevant Member State), and includes any relevant
implementing measure in the Relevant Member State.
No action has been taken by the Company that would permit an offer of Securities
or the possession or distribution of these materials or any other offering of
publicity material relating to such Securities in any jurisdiction where action
for that purpose is required.
The release, publication or distribution of this press release in certain
jurisdictions may be restricted by law and therefore persons in such
jurisdictions into which they are released, published or distributed, should
inform themselves about, and observe, such restrictions.
This press release does not constitute a prospectus within the meaning of the
Dutch Financial Markets Supervision Act (Wet op het financieel toezicht) and
does not constitute an offer to acquire securities.
Any offer to acquire Securities pursuant to the proposed offering will be made,
and any investor should make his investment, solely on the basis of information
that is contained in the prospectus that has been made generally available in
the Netherlands in connection with such offering. Copies of the prospectus may
be obtained at no cost from the Company or through the website of the Company.
ING, Rabobank, Commerzbank and ABN AMRO act exclusively for the Company and no-
one else in connection with any offering of Securities and will not be
responsible to anyone other than the Company for providing the protections
afforded to the customers of ING, Rabobank, Commerzbank and ABN AMRO or for
providing advice in relation to any offering or any transaction or arrangement
referred to herein.
PDF: Press Release:
http://hugin.info/130755/R/1865708/655165.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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: Imtech via GlobeNewswire
[HUG#1865708]
Unternehmensinformation / Kurzprofil:
Datum: 27.10.2014 - 07:31 Uhr
Sprache: Deutsch
News-ID 346958
Anzahl Zeichen: 9593
contact information:
Town:
Gouda
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 243 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Imtech announces share consolidation ratio of 500 for 1"
steht unter der journalistisch-redaktionellen Verantwortung von
Imtech (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
