Nov. 17, 2009 (Hugin AS) --
This is a press release by Canon Inc. (NYSE:CAJ) pursuant to the provisions of
Section 4 paragraph 3 of the Dutch Decree on Public Takeover Bids
(Besluit openbare biedingen Wft). This announcement and related
materials do not constitute an offer for the issued and outstanding
ordinary shares in the capital of Océ N.V. This announcement is not
for release, publication or distribution, in whole or in part, in or
into directly or indirectly the United States and Canada.
17 November 2009 - On 16 November 2009 Canon Inc. (trading symbol
CAJ)("Canon") and Océ N.V. (trading symbol OCE (OOTC:OCENY) )("Océ") announced
that Canon intends to make a fully self-funded, public cash offer for
all the issued and outstanding ordinary shares of Océ (the "Ordinary
Shares") at an offer price of ¤ 8.60 in cash per Ordinary Share.
Today, Canon has given notice to the AFM (Dutch Authority Financial
Markets) that it has acquired through market purchases a number of
Ordinary Shares representing approximately 16.9% of Océ's total
issued share capital. These Ordinary Shares were acquired by Canon at
an average price of ¤ 8.542 (with ¤ 8.56 as the highest price paid)
and represent approximately 21.3% of the total Ordinary Shares.
For more information
Canon Investor Relations Canon Media Relations
Masahiro Osawa Richard Berger
Group Executive, Finance & Manager, Global Public Relations
Accounting Headquarters
Phone +81-3-5482-8969 Phone +81-3-5482-8055
E-mail org-ir@list.canon.co.jp E-mail richard.berger@canon.co.jp
For more information on Canon, visit the company's website:
www.canon.com
Disclaimer
This announcement is for information purposes only and does not
constitute an offer or an invitation to acquire or dispose of any
securities or investment advice or an inducement to enter into
investment activity. This announcement does not constitute an offer
to sell or issue or the solicitation of an offer to buy or acquire
the securities of Canon or Océ in any jurisdiction.
The distribution of this press release may, in some countries, be
restricted by law or regulation. Accordingly, persons who come into
possession of this document should inform themselves of and observe
these restrictions. To the fullest extent permitted by applicable
law, Canon disclaims any responsibility or liability for the
violation of any such restrictions by any person. Any failure to
comply with these restrictions may constitute a violation of the
securities laws of that jurisdiction. Neither Canon, nor any of its
advisors assumes any responsibility for any violation by any person
of any of these restrictions.
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
http://hugin.info/142411/R/1355479/329030.pdf
