Draka to be delisted from Euronext
(Thomson Reuters ONE) -
Milan, Amsterdam, 6 April 2011 - Reference is made to the joint press release of
Prysmian S.p.A. (Prysmian) and Draka Holding N.V. (Draka) of 23 February 2011
announcing that 99.02% of the issued and outstanding ordinary shares of Draka
(the Shares) had been tendered for acceptance. As a result of the acquisition of
more than 95% of the Shares by Prysmian, Prysmian and Draka jointly announced
that the listing and trading of the Shares on NYSE Euronext Amsterdam (Euronext)
would be terminated. Today, 6 April, will be the last day of trading of the
Shares on Euronext. The listing will be terminated effective tomorrow, 7 April
2011. In order to acquire the Shares not already owned, Prysmian has initiated a
takeover squeeze-out procedure in accordance with article 2:359c of the Dutch
Civil Code.
For more information
Prysmian Draka
Luca Caserta Michael Bosman
Investor Relations Investor Relations
Telephone: +39 02 64491 Telephone: +31 20 56 89 805
Email:luca.caserta(at)prysmian.com Email:michael.bosman(at)draka.com
www.draka.com
Lorenzo Caruso
Media Relations
Telephone: +39 02 64491
Email:lorenzo.caruso(at)prysmian.com
www.prysmian.com
Pdf version of the press release
Pdf versie van het persbericht
Prysmian profile
A leading player in the industry of high-tech cables and systems for energy and
telecommunications, the Prysmian Group is a global business with more than ?4.6
billion in net sales in 2010 and a strong position in higher value-added market
segments. With its two businesses, Energy Cables & Systems (submarine and
underground cables for power transmission and distribution, for industrial
applications and for the distribution of electricity to residential and
commercial buildings) and Telecom Cables & Systems (optical cables and fibers
and copper cables for video, data and voice transmission), Prysmian boasts a
global presence with subsidiaries in 39 countries, 56 plants in 24 countries, 7
Research & Development Centres in Europe, USA and South America, and around
12,000 employees.
Prysmian is listed on the Milan Stock Exchange in the Blue Chip index.
More information on Prysmian can be found atwww.prysmian.com.
Draka profile
Draka Holding N.V. ('Draka') is the holding company of a number of operating
companies that are active worldwide in the development, production and sale of
cable and cable systems. Draka's activities are divided into three groups:
Energy & Infrastructure, Industry & Specialty and Communications.
Within these three groups, the activities are organised into divisions. Energy &
Infrastructure consists of the Europe and Asia-Pacific divisions; Industry &
Specialty consists of the Aerospace, Automotive, Elevator, Engineered
Specialties, Offshore and Renewable Energy divisions and the Communications
Group comprises the Telecom Solutions, Multimedia and Specials, Americas and
Optical Fiber divisions.
Draka has 68 operating companies in 31 countries throughout Europe, North and
South America, Asia and Australia. Worldwide, the Draka companies employ some
9,375 people. Draka Holding N.V.'s head office is in Amsterdam. In 2010, Draka
reported revenue of ? 2.4 billion and net income of ? 60.5 million (excluding
non-recurring items).
Draka Holding N.V. ordinary shares are listed on NYSE Euronext Amsterdam. The
company is included in the Next150 index and the AMX index (Amsterdam Midkap
index). Options on Draka shares are also traded on the NYSE Euronext Amsterdam
Derivative Markets.
More information on Draka Holding N.V. can be found atwww.draka.com.
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Source: Draka Holding NV via Thomson Reuters ONE
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Datum: 06.04.2011 - 08:30 Uhr
Sprache: Deutsch
News-ID 53204
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