Only 2.79 percent of all shares tendered.
D i e t l i k o n, 25 March 2008 – Implenia has taken note of the intermediate result of the public offer to purchase as published today by Laxey. Laxey has only been tendered 2.79 percent of all Implenia shares, the consequence being that Laxey has only been able to increase its stake in Implenia within the framework of the takeover bid to a mere 36.80 percent. Nevertheless, Laxey has expanded its participation to 40.87 by purchasing further Implenia shares over the market. The takeover bid, qualified by the Board of Directors of Implenia as a sham from the very outset, has therefore missed its target by a wide margin. The result is a clear vote of mistrust on the part of a large majority of the Implenia shareholders to Laxey's address. That majority obviously wants Implenia to remain independent and its business to continue independently as it has in the past. The Board of Directors will therefore continue to follow with determination its course for an independent Implenia, as resolved by an overwhelming majority at the General Meeting of 14 December 2007.Laxey will decide this coming Friday, 28 March 2008, whether it wishes to waive the condition included in the takeover bid that all the shares it holds have to be registered. The Board of Directors of Implenia makes the shareholders aware that the tendering of shares is impossible between expiry of the offer deadline of 20 March and the commencement of a possible subsequent period (following the decision by Laxey regarding the waiving of the condition in the offer).
Contact:
Aloys Hirzel
Hirzel. Neef. Schmid. Konsulenten
Telephone +41 43 344 42 42
Email aloys.hirzel@konsulenten.ch