DRAKA HOLDING 
By Milan, Amsterdam, 6 April 2011 - Reference is made to the joint press release of Prysmian S.p.A. (Prysmian) and Draka Holding N.V. (Draka) of 23 February 2011 announcing that 99.02% of the issued and outstanding ordinary shares of Draka (the Shares) had been tendered for acceptance. As a result of the acquisition of more than 95% of the Shares by Prysmian, Prysmian and Draka jointly announced that the listing and trading of the Shares on NYSE Euronext Amsterdam (Euronext) would be terminated. Today, 6 April, will be the last day of trading of the Shares on Euronext. The listing will be terminated effective tomorrow, 7 April 2011. In order to acquire the Shares not already owned, Prysmian has initiated a takeover squeeze-out procedure in accordance with article 2:359c of the Dutch Civil Code.
For more information
| Prysmian Luca Caserta Investor Relations Telephone: +39 02 64491 Email: luca.caserta@prysmian.com: mailto:luca.caserta@prysmian.com Lorenzo Caruso Media Relations Telephone: +39 02 64491 Email: lorenzo.caruso@prysmian.com: mailto:lorenzo.caruso@prysmian.com www.prysmian.com: http://www.prysmian.com/ | Draka Michael Bosman Investor Relations Telephone: +31 20 56 89 805 Email: michael.bosman@draka.com: mailto:michael.bosman@draka.com www.draka.com: http://www.draka.com |
Pdf version of the press release:
http://hugin.info/130732/R/1503809/438746.pdf
Pdf versie van het persbericht:
http://hugin.info/130732/R/1503809/438747.pdf
Prysmian profile
A leading player in the industry of high-tech cables and systems for energy and telecommunications, the Prysmian Group is a global business with more than ?4.6 billion in net sales in 2010 and a strong position in higher value-added market segments. With its two businesses, Energy Cables & Systems (submarine and underground cables for power transmission and distribution, for industrial applications and for the distribution of electricity to residential and commercial buildings) and Telecom Cables & Systems (optical cables and fibers and copper cables for video, data and voice transmission), Prysmian boasts a global presence with subsidiaries in 39 countries, 56 plants in 24 countries, 7 Research & Development Centres in Europe, USA and South America, and around 12,000 employees.
Prysmian is listed on the Milan Stock Exchange in the Blue Chip index.
More information on Prysmian can be found at www.prysmian.com:
http://www.prysmian.com/.
Draka profile
Draka Holding N.V. ('Draka') is the holding company of a number of operating companies that are active worldwide in the development, production and sale of cable and cable systems. Draka's activities are divided into three groups: Energy & Infrastructure, Industry & Specialty and Communications.
Within these three groups, the activities are organised into divisions. Energy & Infrastructure consists of the Europe and Asia-Pacific divisions; Industry & Specialty consists of the Aerospace, Automotive, Elevator, Engineered Specialties, Offshore and Renewable Energy divisions and the Communications Group comprises the Telecom Solutions, Multimedia and Specials, Americas and Optical Fiber divisions.
Draka has 68 operating companies in 31 countries throughout Europe, North and South America, Asia and Australia. Worldwide, the Draka companies employ some 9,375 people. Draka Holding N.V.'s head office is in Amsterdam. In 2010, Draka reported revenue of ? 2.4 billion and net income of ? 60.5 million (excluding non-recurring items).
Draka Holding N.V. ordinary shares are listed on NYSE Euronext Amsterdam. The company is included in the Next150 index and the AMX index (Amsterdam Midkap index). Options on Draka shares are also traded on the NYSE Euronext Amsterdam Derivative Markets.
More information on Draka Holding N.V. can be found at www.draka.com:
http://www.draka.com/.
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The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Draka Holding NV via Thomson Reuters ONE
