Aspocomp Group Plc
Company Announcement
CASH TENDER OFFER FOR ASPOCOMP GROUP PLC'S CONVERTIBLE BONDS BEGINS ON JUNE 1, 2011
Espoo, Finland, 2011-05-31 10:00 CEST (GLOBE NEWSWIRE) —
Aspocomp Group Plc., Company Announcement, May 31, 2011 at 11:00 a.m.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA AND THE UNITED STATES
Aspocomp Group Plc (“Aspocomp” or the “Company”) announced on May 24, 2011 that the Company offers to purchase all the convertible bonds issued by it on December 1, 2006 which entitle their holders to subscribe for shares in the Company (“Convertible Bonds”) and which the Company has not agreed to redeem on the basis of a redemption agreement signed on May 4, 2011 (the “Tender Offer”). The consideration to be offered for each Convertible Bond for which the Tender Offer has been validly accepted is EUR 667 (the “Bond Consideration”). Provided that the Tender Offer has been validly accepted as set out in its terms and conditions and the acceptance has not been validly withdrawn, the holders of the Convertible Bonds will, in addition to the Bond Consideration, be paid interest corresponding to 2.10 percent annually, calculated from the date of payment of the consideration set out in the above-mentioned redemption agreement to the date of payment of the Bond Consideration. The interest accrued pursuant to the terms and conditions of the Convertible Bonds will not be paid or otherwise compensated for in connection with the Tender Offer.
The offer period will begin on June 1, 2011 at 10:00 a.m. Finnish time and end on June 22, 2011 at 4:00 p.m. Finnish time, unless the offer period is extended or any extended offer period is discontinued.
The Finnish Financial Supervisory Authority has on May 31, 2011 approved the Offer Document for the Tender Offer.
The Finnish language Offer Document will be available on the internet at www.aspocomp.com and www.evli.com starting on June 1, 2011.
The terms and conditions of the Tender Offer are attached in their entirety to the Finnish stock exchange release regarding the beginning of the Tender Offer.
For further information, please contact Sami Holopainen, CEO,
tel. +358 9 59 181.
ASPOCOMP GROUP PLC.
Sami Holopainen
President and CEO
www.aspocomp.com
Aspocomp: Flexibility of product design
Aspocomp Group Plc provides services for the design and manufacture of high-tech PCBs. Aspocomp’s products are used in the electronics industry, for instance, in telecommunications networks, automobiles and many type of industrial applications.
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