Business News
Punch Graphix has taken note of NPMs non-binding offer to purchase the shares held by Punch International in Punch Graphix
Wednesday 24. March 2010 - Punch Graphix N.V. ("Punch Graphix") announces that it has taken note of the announcement that NPM Capital N.V. ("NPM") has made a non-binding offer to Punch International N.V. ("Punch International") to purchase the shares in the capital of Punch Graphix held by Punch International.
Punch International currently holds 66.37% of the issued capital of Punch Graphix. If NPM acquires such shares, then NPM will be obligated to launch a mandatory public offer in respect of all other shares in the capital of Punch Graphix.
The Supervisory Board of Punch Graphix shall review and evaluate all information it will in this respect receive from Punch International and shall obtain advice from its legal and financial advisors. Further announcements will be made if and when circumstances so require.
This announcement is made pursuant to Section 5:25i of the Dutch Financial Supervision Act.