EVOX RIFA GROUP OYJ STOCK EXCHANGE RELEASE
on 17 August 2007
KEMET Electronics Corporation ("KEMET") currently holds approximately
91.9 percent of all the shares in Evox Rifa Group Oyj ("Evox"). KEMET
has initiated minority redemption proceedings in accordance with
Chapter 18 of the Companies Act to acquire all the shares in Evox. An
Arbitral Tribunal appointed in accordance with the Companies Act has
summoned the parties to a first oral hearing on 3 September 2007.
Provided that the Arbitral Tribunal confirms that KEMET's redemption
right is clear, KEMET is entitled to gain title to all the shares in
Evox by placing a security approved by the Arbitral Tribunal for the
payment of the redemption price.
The Board of Directors of Evox has resolved to apply for the
termination of trading with the Evox shares and for the delisting of
the shares from the official list of OMX Nordic Exchange Helsinki Oy
("OMX Helsinki"). A delisting application has been filed with OMX
Helsinki today. In the application Evox requests that the Evox shares
be delisted from the official list of OMX Helsinki as soon as
possible after KEMET having gained title to all the shares in Evox.
In Espoo this 17th day of August 2007
Evox Rifa Group Oyj
Kirk D. Shockley
Managing Director
For further information, please contact:
Evox Rifa Group Oyj, Mr. Juhani Pöhö, CFO, tel. (09) 5406 5011.
DISTRIBUTION
Helsinki Stock Exchange
Central media
EVOX RIFA GROUP OYJ APPLIES FOR DELISTING
| Source: Evox Rifa Group