NTT Com announces lowering of minimum acceptance level and extension of acceptance period for Integralis offer
Minimum acceptance level reduced to 50 percent plus one share / Acceptance period extended until September 25, 2009(PresseBox) ( Tokio , Japan and Ismaning, Germany, )
As of the close of business on Wednesday, 9 September 2009, a total of 57.83 percent of Integralis shares (as mentioned above) had been validly tendered to NTT Com. NTT Com has thus already exceeded the new minimum acceptance level. As a result, all conditions of the offer have now been fulfilled.
NTT Com also announces that, in accordance with applicable law, the acceptance period for the offer has been extended until Friday, September 25, 2009 (24:00H CET). The offer was previously scheduled to expire on Friday, September 11, 2009 (24:00H CET).
During this further period of 10 trading days, Integralis shareholders who have so far not tendered their shares have the opportunity to do so for the same price of 6.75 Euro in cash for each share. By tendering their shares, these Integralis shareholders avoid the risk of becoming minority shareholders, holding shares with limited liquidity.
About NTT Communications Corporation
NTT Com provides a broad range of global networks, management solutions and IT services to customers worldwide. The company is renowned for reliable, high-quality security, hosting, voice, data and IP services, as well as expertise in managed networks and leadership in IPv6 transit technology. Its extensive infrastructure includes Arcstar(TM) Global IP-VPN and Global e-VLAN, as well as a Tier-1 IP backbone reaching more than 150 countries in partnership with major Internet service providers, and secure data centers in Asia, North America and Europe. NTT Com is the wholly-owned subsidiary of Nippon Telegraph and Telephone Corporation, one of the world's largest telecoms with listings on the Tokyo and London stock exchanges as well as New York (in the form of American Depository Receipts). For the fiscal year ended March 31, 2009, NTT Communications Corporation reported revenues of JPY 1,127 billion (EUR 9.3 billion). The number of employees amounts to 8,350 people. For more information, please visit www.ntt.com/index-e.html.