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Implementation by Linamar GmbH and Linamar Forging Holding GmbH of a squeeze-out for Montupet SA shares
Implementation by Linamar GmbH and Linamar Forging Holding GmbH of a squeeze-out for Montu...
About this update from Linamar Corporation
[{"type":"text","content":"\n\n\n\nImplementation by Linamar GmbH and Linamar Forging Holding GmbH of a squeeze-out for Montupet SA shares\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nImplementation by Linamar GmbH and Linamar Forging Holding GmbH of a squeeze-out for Montupet SA shares\nCanada NewsWire\nGUELPH, ON, Feb. 19, 2016\n\n\n\nThis press release, relating to the implementation by Linamar GmbH and Linamar Forging Holding GmbH (the \"Offerors\") of a squeeze-out for Montupet SA shares has been disseminated in accordance with the provisions of article 237-16 III of the general regulation of the Autorité des marchés financiers (the \"AMF\") and of article 9 of the AMF instruction n°2006-07 relating to public tender offers.\n\n\n\nGUELPH, ON, Feb. 19, 2016 /CNW/ - In the context of the public tender offer initiated by the Offerors1 on the shares of Montupet SA (the \"Offer\") that has been cleared by the AMF pursuant to a decision dated 8 December 2015 (D&I n°215C1939) and of the reopening of the Offer which took place from 29 January to 11 February 2016 (the \"Reopened Offer\"), a total amount of 10,317,455 Montupet SA shares has been tendered to the Offer and to the Reopened Offer at the price of €71.53 per share (the \"Offer Price\"), including 307,240 shares tendered to the Reopened Offer.\n\nPursuant to the notice of results of the Offer published by the AMF on 16 February 2016 (D&I n°216C0506) and considering (i) the shares tendered to the Offer and to the Reopened Offer and (ii) the acquisition on the market from 1 February to 11 February 2016 of 125,469 Montupet SA shares at the Offer Price, the Offerors hold, as of today, 10,442,924 Montupet SA shares, which represent 96.85% of the share capital and at least 96.41% of the voting rights of the company2.\n\nAs the shares not tendered to the Offer or to the Reopened Offer do not represent more than 5% of the share capital or of the voting rights of Montupet SA, the conditions required by article L. 433-4 III of the French Monetary and Financial Code and by articles 237-14 to...