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Cemat — M&A Activity 2016
Apr 20, 2016
3426_iss_2016-04-20_c36bd40b-edbf-44d4-b004-ae48192b28bc.pdf
M&A Activity
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Nasdaq Copenhagen Nikolaj Plads 6 1067 København K
Frederikssund, 20.04.2016 Announcement No. 3/2016
In connection with the strategy review carried out in 2015, Topsil analysed market developments, its market position and its future opportunities. During this process, we approached other players in the silicon industry and different parts of our value chain.
In continuation of these soundings, Topsil has been approached by various parties concerning our possible interest in divesting parts or all of our silicon business or in entering into a strategic partnership. Some of these inquiries are in the form of non-binding indicative offers.
The Board of Directors will now assess whether these inquiries are of interest to Topsil and all of our stakeholders, or whether there may be other, more attractive strategic alternatives.
Further information will be provided as required or when deemed appropriate, and the Board of Directors will make a specific recommendation to the shareholders if relevant.
Topsil Semiconductor Materials A/S
Jens Borelli-Kjær
Chairman
Please direct any questions regarding this announcement to Jens Borelli-Kjær, Chairman, through Susanne Hesselkjær, Executive Secretary, tel. +45 2926 6752, [email protected].
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.
STOCK EXCHANGE ANNOUNCEMENT
TOPSIL SEMICONDUCTOR MATERIALS A/S • SILICIUMVEJ 1 • DK-3600 FREDERIKSSUND • DENMARKTELEPHONE 47 36 56 00 •TELEFAX 47 36 56 01 • E-MAIL: [email protected] • www.topsil.com • CVR-nr. 24932818