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Punch Graphix has taken note of NPM’s non-binding offer to purchase the shares held by Punch International in Punch Graphix
Eede, the Netherlands – 23 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 NPM and 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.
For further information, please contact:
Herman Olde Bolhaar, Chairman Supervisory Board +31 (0)117 37 50 20
About Punch Graphix Punch Graphix provides innovative, competitive and environmentally friendly imaging and printing solutions for the global graphics industry. Under the Xeikon brand name, Punch Graphix designs, develops and delivers high-end digital colour printing systems, software and consumables for the commercial, document printing and industrial markets. Under the basysPrint brand and as an OEM supplier, Punch Graphix designs, develops and delivers mid to high-end imaging systems for offset prepress commercial and newspaper markets. With a clear-minded focus on R&D, Punch Graphix is solely dedicated to customer satisfaction and aims to deliver cost-effective graphic excellence that goes beyond all expectations. Punch Graphix is listed on Euronext Amsterdam by NYSE Euronext (PGX). Website: www.punchgraphix.com. |