Salcomp Plc Stock Exchange Release 17 August, 2007 at 10:15 Finnish time
EQT SELLS ITS HOLDING IN SALCOMP
In accordance with Chapter 2, Section 9 of the Securities Markets Act Salcomp
Plc (business ID code 1509923-4) has today received the attached flagging
notification from EQT II B.V., acting on behalf of EQT II Swedish Non-Registered
Partnership, regarding the changes in the holding in Salcomp.
“Notification regarding changes in holdings according to chapter 2, SECTION 9 of
the securities markets act
In accordance with Chapter 2, Section 9 of the Securities Market Act EQT II
B.V., acting on its own behalf and on behalf of EQT II Swedish Non-Registered
Partnership, ("EQT") hereby notifies the Financial Supervision Authority and
Salcomp Plc. ("Salcomp") that Nordstjernan AB (“Nordstjernan”) has on 16 August
2007 exercised its option to purchase 8,728,550 shares in Salcomp from EQT under
the terms of the sale and purchase agreement entered into by EQT and
Nordstjernan on 25 June 2007 (“Sale and Purchase Agreement”). EQT and
Nordstjernan have on 16 August 2007 signed a separate share transfer agreement
regarding the exercise of the option. Following the completion of the sale and
purchase, EQT's holding in Salcomp will decrease from 22.4 % to 0 % which is
below the limits set out in Chapter 2, Section 9 of the Securities Market Act.
In accordance with Chapter 2, Section 9 of the Securities Market Act, EQT
notifies the following information to the Financial Supervision Authority and
Salcomp:
1. Name of the target company: Salcomp Plc., Business Identification Number:
1509923-4.
2. Basis for the flagging notification: After the completion of the sale and
purchase, EQT's holding in Salcomp will decrease to less than 5 %. This holding
is below the limits set out in Chapter 2, Section 9 of the Securities Market
Act.
3. Date of the change in holdings: As the completion of the sale and purchase
will lead Nordstjernan's ownership in Salcomp to amount to 52.3 percent, the
acquisition will be subject to the approval by the relevant competition
authorities. The acquisition will be finally completed once the competition
authorities have given their permission to the acquisition, approximately at the
end of September 2007.
4. Portion of the number of shares and votes in Salcomp: Salcomp has in all
38,975,190 shares. The total amount of the votes of all shares is 38,975,190.
Salcomp has only one series of shares.
Following the completion of the sale and purchase and the transfer of 8,728,550
shares, EQT's portion of holdings of the shares and votes in Salcomp decreases
from 22.4 percent to 0 percent.
5. Complete name of the shareholder and Business Identification Number: The name
of the shareholder is EQT II B.V., acting on its own behalf and on behalf of EQT
II Swedish Non-Registered Partnership.
EQT II B.V. is registered with the Commercial Register of the Chamber of
Commerce and Industry for Amsterdam under number 33304135. The address of EQT is
World Trade Center, Strawinskylaan 1159, D Tower Floor 11, 1077 XX Amsterdam,
the Netherlands.
6. Material contents of the sale and purchase Agreement: The material contents
of the Sale and Purchase Agreement entered into between the parties on 25 June
2007 have been published by the flagging notification dated 25 June 2007.
Contact: Petri Myllyneva, Senior Partner, +358 (9) 6962 4737,
petri.myllyneva@eqt.fi
Johan Hähnel, Communications & PR, +46 706 056 334, johan.hahnel@eqt.se
Helsinki, 16 August 2007
EQT II B.V., acting on its own behalf and on behalf of EQT II Swedish
Non-Registered Partnership”
Salcomp Plc
Markku Hangasjärvi
President and CEO
Further information:
Markku Hangasjärvi, President and CEO, tel. +358 040 7310 114
Antti Salminen, CFO, tel. +358 40 535 1216
Distribution:
Nordic Exchange, Helsinki
The main media
www.salcomp.com