The Board of Directors of Implenia AG has noted with satisfaction that Laxey has withdrawn its takeover bid.
D i e t l i k o n, 28 March 2008 – The bid for Implenia has therefore failed, with only 2.79 percent of all Implenia shares having been tendered. The Board regards the rejection of the takeover bid by the shareholders as a renewed, clear statement in favour of retention of Implenia's independence and a continuation of the successful corporate strategy which, as the company's management is convinced, will lead to a sustained generation of value for Implenia's shareholders.At Implenia's extraordinary general meeting of 14 December 2007, the shareholders had already voted with an overwhelming majority against the condition specified by Laxey as part of the takeover bid that the restricted transferability of registered shares was to be abolished. Of the 38.1 percent of Implenia which Laxey is holding following the failure of its takeover bid, and which were acquired in an illegal manner according to the findings of the Swiss Banking Commission, only 4.9 percent continue to be registered. The Board of Directors thus asserts the restricted transferability of shares as stipulated in the articles of incorporation under the mandate and in the interests of all the shareholders.
Contact:
Aloys Hirzel
Hirzel. Neef. Schmid. Konsulenten
Telephone +41 43 344 42 42
Email aloys.hirzel@konsulenten.ch