ROCLA OYJ STOCK EXCHANGE RELEASE DECEMBER 10, 2008 5.30 pm
ALL THE NECESSARY APPROVALS RECEIVED FOR MITSUBISHI CATERPILLAR FORKLIFT EUROPE
B.V.'S PUBLIC TENDER OFFER FOR ROCLA
Mitsubishi Caterpillar Forklift Europe B.V. ("MCFE"), a subsidiary of Mitsubishi
Heavy Industries, Ltd., announced on 23 October 2008 a public tender offer to
purchase all of the issued and outstanding shares and option rights in Rocla
Oyj ("Rocla") that are not owned by Rocla and not already owned by MCFE or its
group companies (the "Tender Offer"). The offer period under the Tender Offer
commenced on 10 November 2008.
The completion of the Tender Offer is subject to the satisfaction or, where
permitted, waiver of the conditions to completion set out in the tender offer
document, including approval from the relevant competition authorities.
Rocla has been informed that the Russian Competition Authority has approved the
acquisition of Rocla pursuant to the Tender Offer by its decision dated 8
December 2008. As announced earlier, the Finnish Competition Authority and the
German Competition Authority have already approved the acquisition. As Rocla is
not aware of any other regulatory approvals that are necessary with respect to
the Tender Offer, the condition to completion concerning the receipt of
necessary approvals has thus been satisfied.
The completion of the Tender Offer is still subject to the other conditions to
completion set out in the tender offer document save for the condition
concerning the abolishment of the redemption clause from the Articles of
Association of Rocla, upon which the Extraordinary General Meeting of Rocla
decided on 1 December 2008 conditional upon MCFE announcing that it will
complete the Tender Offer.
The offer period under the Tender Offer expires on 12 December 2008.
INFORMATION REGARDING ROCLA OYJ
Rocla Oyj, headquartered in Järvenpää, Finland has been listed on the Helsinki
Stock Exchange's Main List since 1997. Rocla Oyj's consolidated 2007 sales were
EUR 124.9 million. Rocla Oyj develops, manufactures and markets electric
warehouse trucks and automated guided vehicles (AGVs) and related services and
solutions during their lifespan.
For more information visit the Rocla Oyj website (http://www.rocla.com).
Rocla Oyj
Board of directors
Distribution:
Nasdaq OMX Helsinki
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