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Cemat — M&A Activity 2016
Jun 17, 2016
3426_rns_2016-06-17_7b5da070-fd2a-4f57-8223-3be81cefe4a2.pdf
M&A Activity
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TOPSIL
Nasdaq Copenhagen
Nikolaj Plads 6
DK-1067 Copenhagen K
Frederikssund, 16. June 2016
ANNOUNCEMENT NO. 15/16
NATIONAL SILICON INDUSTRY GROUP HAS MADE AN OFFER FOR TOPSIL'S SILICON BUSINESS
Attached to this announcement is an offer to Topsil from National Silicon Industry Group (NSIG) for Topsil's silicon business at a price on a debt-free basis of DKK 335m, which Topsil has just received. Topsil's Board of Directors has not yet had the opportunity to verify or respond to the contents, nor the statements in NSIG's offer.
Topsil's Board of Directors has decided that it is in the interest of the company and its shareholders to look deeper into this offer. Further announcements to the market will be made when the Board of Directors has evaluated the offer, which is expected to happen in connection with the extraordinary general meeting on 17 June 2016 at the latest.
In consequence of the agreement with GlobalWafers announced by Topsil on 20 May 2016 the extraordinary general meeting on 17 June 2016 will still be held.
Any queries regarding this announcement may be addressed to the chairman Jens Borelli-Kjær and the company's CEO, Kalle Hvidt Nielsen, through Susanne Hesselkjær, Executive Secretary, tel. +45 29266752.
Topsil Semiconductor Materials A/S
Jens Borelli-Kjær
Chairman
Kalle Hvidt Nielsen
CEO
This announcement has been prepared in a Danish-language and an English-language version. In case of doubt, the Danish version will prevail.
ANNOUNCEMENT
TOPSIL SEMICONDUCTOR MATERIALS A/S • SILICIUMVEJ 1 • DK-3600 FREDERIKSSUND • DENMARK • TEL. +45 47 36 56 00 • FAX +45 47 36 56 01
E-MAIL: [email protected] • www.topsil.com • CVR-nr. 24932818
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