Application for cancellation of trading on AIM
Following the announcement on 8 October 2008 that the recommended cash offer by TRUMPF International Beteiligungs-GmbH to acquire the entire issued and to be issued share capital of SPI Lasers (the "Offer") had been declared wholly unconditional, SPI Lasers today announces that it has applied to the London Stock Exchange for the cancellation of the admission to trading of its shares (the "SPI Shares") on AIM.
It is expected that cancellation will take effect from 8.00 a.m. on 10 November 2008.
The cancellation of the admission to trading of the SPI Shares will significantly reduce the liquidity and marketability of any SPI Shares in respect of which the Offer has not been accepted.
It is also intended that, after the cancellation referred to above becoming effective, SPI Lasers will be re-registered as a private company under the relevant provisions of the Companies Act 1985.
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