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Electronics Production | March 03, 2011

Teleplan: Public takeover offer accepted

The public takeover offer for Teleplan International N.V. was accepted with great majority of 94%.
The voluntary public takeover offer of AMS Acquisition B.V. (AMS) to the shareholders of Teleplan to acquire all their bearer ordinary shares for a consideration of EUR 2.50 in cash per share was accepted for a total of 56'908'136 shares upon expiry of the additional acceptance period on 24 February 2011 at 24.00 hrs (CET). This corresponds to 94.0042% of the share capital and the voting rights of Teleplan.

“The achieved tender percentage is a great success for AMS and we are very happy to start building on the strategic benefits resulting from AMS as our sole shareholder“, commented Teleplan’s CEO Gotthard Haug this successful takeover transaction.

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