Shareholders whose aggregated ownership in Tamfelt Corp. is more than
66.67 per cent have either acc
(Thomson Reuters ONE) - Metso Corporation's company release on December 4, 2009 at 4:20 p.m.Metso Corporation's exchange offer for Tamfelt Corp.'s shares andstock options commenced on November 23, 2009. As of today,shareholders of Tamfelt, whose aggregated ownership in Tamfelt is68.01 per cent, have either accepted or undertaken to accept Metso'sexchange offer. Therefore, the condition precedent as to 66.67 percent acceptance rate for the exchange offer has been satisfiedassuming that no acceptances will be withdrawn prior to theexpiration of the offer period.The offer period for the exchange offer preliminarily expires onDecember 18, 2009 at 4:00 p.m (Finnish time).Metso's target is 100 per cent ownership in Tamfelt. Assuming thatMetso receives, as a result of the exchange offer, more than 90 percent of the shares in Tamfelt, Metso will initiate without delaynecessary measures for obtaining the remainder of the shares in acompulsory redemption proceeding under the Finnish Companies Act.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.comFor further information, please contact:Johanna Henttonen, Vice President, Investor Relations, MetsoCorporation, tel. +358 40 530 0778This 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.Metso CorporationOlli VaartimoExecutive Vice President and CFOKati RenvallVice President, Group CommunicationsDistribution:NASDAQ OMX Helsinki LtdMediawww.metso.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 04.12.2009 - 15:20 Uhr
Sprache: Deutsch
News-ID 9292
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