Final agreement reached in negotiations with raw material supplier


NASDAQ OMX Copenhagen                                                                          
Nikolaj Plads 6
DK-1067 Copenhagen K  

21 December 2011

STOCK EXCHANGE ANNOUNCEMENT NO. 23/11

Final agreement reached in negotiations with raw material supplier

Today, Topsil Semiconductor Materials A/S finalised negotiations and entered into an agreement with one of the two suppliers of raw materials, addressing the quality issues, faced by Topsil throughout the past quarters.

The agreement covers new technical specifications as well as commercial issues; among these a minor compensation contained in future pricing. The agreement is effective from 1 January 2012.

The agreement does not affect the expectations to the current financial year.

Further information

Questions related to stock exchange announcements to be addressed to:

Chairman Jens Borelli-Kjær, tlf. +45 40 16 14 82

 

 

This announcement has been prepared in Danish and translated into English. In the event of any discrepancy between the Danish text and the English-language translation, the Danish version will prevail.


Attachments

GlobeNewswire

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