Larox Oyj
More than 90 % of all Larox shares and votes tendered to Outotec
Larox Oyj / 25.01.2010 Dissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Larox Corporation Company announcement 25.1.2010 at 9:15 am More than 90 % of all Larox shares and votes tendered to Outotec Larox Corporation has been informed that according to preliminary information received by Outotec Oyj, Outotec has, by January 21, 2010, been offered in its mandatory public tender offer for Larox Corporation an amount of Larox shares, which together with the Larox shares already owned by Outotec represents approximately 90.2% of all the Larox shares and approximately 98.1% of all the votes attached to the Larox shares. Outotec stock exchange release published on January 22 is enclosed in its entirety to this company announcement. Larox Corporation Further information: Juhana Ylikojola President & CEO Phone +358 207 687 266 Fax +358 207 687 380 juhana.ylikojola@larox.com www.larox.com Distribution NASDAQ OMX Helsinki Ltd., Central Media Larox develops, designs and manufactures industrial filters and is a leading technology company in its field. Larox is a full service solution provider in filtration for separating solids from liquids. It supplies comprehensive aftermarket services throughout the lifespan of the Larox solution. Companies world-wide in mining and metallurgy, chemical processing and related industries benefit from the Larox technologies. Larox operates in over 40 countries and has about 600 employees. Larox has production facilities in Finland and in China, and the Group is headquartered in Lappeenranta, Finland. Net sales in 2008 totaled 208.0 million euros, of which more than 93 % were generated by exports and the company's foreign operations. ENCLOSURE OUTOTEC OYJ STOCK EXCHANGE RELEASE, JANUARY 22, 2010 AT 1.45 PM More than 90% of all Larox shares and votes tendered to Outotec According to preliminary information received by Outotec Oyj ('Outotec'), Outotec has, by January 21, 2010, been offered in its mandatory public tender offer for Larox Corporation ('Larox') (the 'Tender Offer') an amount of Larox shares, which together with the Larox shares already owned by Outotec represents approximately 90.2% of all the Larox shares and approximately 98.1% of all the votes attached to the Larox shares. The offer period under the Tender Offer commenced on December 28, 2009. The Tender Offer is made for all the series A and B shares issued by Larox, which are not in the ownership of Outotec or which Larox does not own, as well as for the unused subscription rights relating to the 1994 bonus issue by Larox (the 'Subscription Rights'). The Larox shares and Subscription Rights tendered in the Tender Offer are transferred to the ownership of Outotec in connection with the completion of the Tender Offer in accordance with the terms and conditions of the Tender Offer. Should Outotec's holding in Larox in accordance with the final result of the Tender Offer exceed 90% of all the Larox shares and the votes attached to the shares, Outotec shall have a right and obligation to redeem the remaining shares issued by Larox. The offer period under the Tender Offer expires today at 4.00 pm (Finnish time). Outotec Oyj Board of Directors For further information, please contact: OUTOTEC OYJ Pertti Korhonen, CEO, tel. +358 20 529 211 Vesa-Pekka Takala, CFO, tel. +358 20 529 211, +358 40 570 0074 Rita Uotila, VP - Investor Relations, tel. +358 20 529 2003, +358 400 954 141 Eila Paatela, VP - Corporate Communications, tel. +358 20 529 2004, +358 400 817 198 e-mails: firstname.lastname@outotec.com DISTRIBUTION NASDAQ OMX Helsinki Main media www.outotec.com THE TENDER OFFER IS NOT BEING MADE DIRECTLY OR INDIRECTLY IN ANY JURISDICTION WHERE PROHIBITED BY APPLICABLE LAW AND THIS STOCK EXCHANGE RELEASE IS NOT AND MAY NOT BE DISTRIBUTED, FORWARDED OR TRANSMITTED INTO OR FROM ANY JURISDICTION WHERE PROHIBITED BY APPLICABLE LAW BY ANY MEANS WHATSOEVER INCLUDING, WITHOUT LIMITATION, MAIL, FACSIMILE TRANSMISSION, E-MAIL OR TELEPHONE. -------------------------------------------------------------------------------- Outotec is a worldwide technology leader providing innovative and environmentally sound plants, processes, equipment and services for a wide variety of customers in minerals and metals processing as well as related process industries. Outotec Oyj is listed on the Nasdaq OMX Helsinki. www.outotec.com http://www.outotec.com News Source: NASDAQ OMX 25.01.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Larox Oyj Finland Phone: Fax: E-mail: Internet: ISIN: FI0009900328 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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