Shareholders whose aggregated ownership in Tamfelt Corp. is 51.66 per cent have undertaken to accept

Shareholders whose aggregated ownership in Tamfelt Corp. is 51.66 per
cent have undertaken to accept

ID: 8766

(Thomson Reuters ONE) - Metso Corporation's company release on November 24, 2009 at 9:25 a.m.local timeMetso Corporation's exchange offer for Tamfelt Corp.'s shares andstock options commenced on November 23, 2009 at 9:00 a.m. (Finnishtime). By now, shareholders, whose aggregated ownership in TamfeltCorp. is 51.66 per cent, have undertaken to accept Metso's exchangeoffer.Metso announced in the share exchange offer document and listingparticular published on November 20, 2009 that certain shareholdersof Tamfelt (Ilmarinen Mutual Pension Insurance Company, Varma MutualPension Insurance Company, Tapiola Mutual Pension Insurance Company,Mandatum Life Insurance Company Limited, Kaleva Mutual InsuranceCompany as well as certain institutional and private shareholders),whose aggregated ownership in Tamfelt is 45.32 per cent of shares(including the 2.82 per cent ownership of Tamfelt held by Metso), hadirrevocably and unconditionally undertaken to accept the shareexchange offer. After this, Metso has received correspondingundertakings from certain other owners, whose aggregated ownership inTamfelt is 6.34 per cent. Accordingly, shareholders in Tamfelt(including Metso), whose aggregated ownership in Tamfelt is 51.66 percent, have irrevocably and unconditionally undertaken to acceptMetso's share exchange offer.The offer period for the share exchange offer preliminarily expireson December 18, 2009 at 4:00 p.m (Finnish time).Metso is a global supplier of sustainable technology and services formining, construction, power generation, automation, recycling and thepulp and paper industries. We have about 26,500 employees in morethan 50 countries. www.metso.comFurther information, please contact:Johanna Henttonen, Vice President, Investor Relations, MetsoCorporation, tel. +358 20 484 3253This release may not be released or otherwise distributed, in wholeor in part, in or into Australia, Canada, Japan, New Zealand, SouthAfrica or the United States. This release is not a tender offerdocument and as such does not constitute an offer or invitation tomake a sales offer. Investors shall accept the Share Exchange Offerfor the shares and the offer for the Stock Options only on the basisof the information provided in a share exchange offer document.Offers will not be made directly or indirectly in any jurisdictionwhere either an offer or participation therein is prohibited byapplicable law or where any share exchange offer document orregistration or other requirements would apply in addition to thoseundertaken in Finland.The share exchange offer document and related acceptance forms willnot and may not be distributed, forwarded or transmitted into or fromany jurisdiction where prohibited by applicable law. In particular,the Share Exchange Offer or the offer for the Stock Options is notbeing made, directly or indirectly, in or into, or by use of thepostal service of, or by any means or instrumentality (including,without limitation, facsimile transmission, telex, telephone or theInternet) of interstate or foreign commerce of, or any facilities ofa national securities exchange of, Australia, Canada, Japan, NewZealand, South Africa or the United States. The Share Exchange Offeror offer for the Stock Options cannot be accepted by any such use,means or instrumentality or from within Australia, Canada, Japan, NewZealand, South Africa or the United States.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 24.11.2009 - 08:25 Uhr
Sprache: Deutsch
News-ID 8766
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"Shareholders whose aggregated ownership in Tamfelt Corp. is 51.66 per
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