Opcon announces outcome of offer made to Tricorona's shareholders This press release may not, directly or indirectly, be distributed or published in the United States, Australia, Japan, Canada, Switzerland or South Africa. The offer is not directed to such persons whose participation is conditional upon the performance of prospectus, registration or other procedures in addition to those prescribed in Swedish law. • Acceptances corresponding to around 2.8 per cent of all shares in Tricorona have been received and Opcon will implement its offer. • The acceptance period ended on 13 April 2010 and Opcon will not be extending this period. On 10 February 2010 Opcon submitted a public offer to the shareholders of Tricorona. The offer was one (1) newly issued Opcon share for 6.5 Tricorona shares (“The Offer”). On 13 April Opcon announced that it was waiving the condition of 30 per cent acceptance rate and that the Offer would be implemented irrespective of the final acceptance amount. All other conditions have also been waived. The acceptance period ended on 13 April 2010 and Opcon will not be extending the period. During the acceptance period the Offer has been accepted by shareholders representing a total of 4,076,828 shares, which corresponds to around 2.8 per cent of the share capital and votes in Tricorona. Opcon is thereby expected to become the 5-6 largest shareholders in Tricorona. Opcon has not acquired any shares outside of this Offer. Opcon intends to start making settlement around 19 April for those shares submitted during the acceptance period. “I would like to thank those Tricorona shareholders who like us have seen the opportunities involved in developing the business as we proposed. I also believe that when we as owners in Tricorona can sit down and discuss the future in a calm way with other owners then most of them will perceive the considerable potential to be found in closer co-operation. We would naturally have liked to be a bigger owner in Tricorona than this and we will now assess other ways in which we can increase our ownership in the long term,” says Mats Gabrielsson, chairman of Opcon AB. For further information please contact: Rolf Hasselström, CEO, Opcon AB, tel+46 70 594 79 60 Niklas Johansson, vice president, Investor Relations, tel. 08-466 45 00, 070-592 54 53 Opcon AB, Box 15085, 104 65 Stockholm Tel. 08-466 45 00, fax 08-716 76 61 e-post: info@Opcon.se www.Opcon.se About Opcon Opcon is an energy and environmental technology Group that develop, produces and markets systems and products for eco-friendly, efficient and resource-effective use of energy. Opcon has activities in Sweden, China, Germany, the UK and Denmark. Opcon has about 380 employees. The company's shares are listed on Nasdaq OMX Stockholm. The Group comprises three business areas: Renewable Energy focuses on generating electricity from waste heat, bioenergy, systems for handling natural gas, industrial cooling, recycling of heat, drying of biomass, treatment of flue gases, handling systems for bioenergy, etc., air systems for fuel cells and measurement and monitoring of processes. Engine Efficiency focuses on ignition systems for combustion engines including ethanol, natural gas and biogas engines. Mobility Products focuses on technology for positioning, motion and regulation for electrical vehicles, electrical wheelchairs and hospital beds.
Opcon announces outcome of offer made to Tricorona's shareholders
| Source: Trention AB