Etteplan Oyj : THE MANDATORY BID FOR ETTEPLAN OYJ'S SHARES BY INGMAN GROUP OY AB WILL COMMENCE ON SEPTEMBER 18, 2013
September 16, 2013 at 06:37 am EDT
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ETTEPLAN OYJ, STOCK EXCHANGE RELEASE, SEPTEMBER 16, 2013 AT 12:15 P.M.
ETTEPLAN OYJ: THE MANDATORY BID FOR ETTEPLAN OYJ'S SHARES BY INGMAN GROUP OY AB
WILL COMMENCE ON SEPTEMBER 18, 2013
Etteplan Oyj ("Etteplan") has today received the enclosed announcement from
Ingman Group Oy Ab ("Ingman Group"), according to which the offer period in the
mandatory bid for Etteplan's shares by Ingman Group will commence on September
18, 2013 at 9.30 A.M. and will end on October 9, 2013 at 4 P.M. (Finnish time),
unless the offer period is extended in accordance with the terms and conditions
of the bid.
The Board of Directors of Etteplan has not yet published its statement
regarding the mandatory bid, but will give its statement by October 2, 2013.
According to the information received from Ingman Group, the Financial
Supervisory Authority has today approved the offer document relating to the
bid.
Hollola, September 16, 2013
Etteplan Oyj
Group Communications
Additional information:
Heikki Hornborg, Chairman of the Board, tel. +358 400 873 063
DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.etteplan.com
APPENDIX:
Ingman Group Oy Ab's announcement in its entirety
Etteplan provides engineering services and technical product information
solutions to the world's leading companies in the manufacturing industry. Our
services are geared to improve the competitiveness of our customers' products
and engineering processes throughout the entire product life cycle. The results
of Etteplan's innovative engineering can be seen in numerous industrial
solutions and everyday products.
In 2012, Etteplan had turnover of EUR 134.5 million. The company has more than
1,700 professionals in Finland, Sweden, the Netherlands, and China. Etteplan's
shares are listed on NASDAQ OMX Helsinki Ltd under the ETT1V ticker.
Attachments:Etteplan_appendix_Ingman Group_Oy_Ab_announcement.pdf
Etteplan Oyj is a Finland-based company engaged in the provision of services within industrial equipment engineering and technical product information. The Company specializes in the improvement of the engineering and product development processes throughout the product life cycle. Its services are applied to a range of areas, such as technical documentation, engineering management, plant engineering, embedded systems development, automation, industrial design and usability, as well as medical technologies and product safety. The Companyâs customers comprise equipment manufacturers operating in aerospace and defense industry, forestry, mining, energy and power transmission sector, and transportation and vehicle industry, among others. Furthermore, the Company is a parent of a number of entities, including SAV Oy, Etteplan Design Center Oy, Etteplan Industry AB, Etteplan Consulting (Shanghai) Co Ltd, SDS Aura Oy and Sorona Innovation AB. It is a subsidiary of Ingman Group Oy Ab.
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