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.

For further information:

SPI Lasers plc 
David Parker, CEOTel: +44 (0) 1489 779 696
david.parker@spilasers.com  
David Holloway, CFO 
david.holloway@spilasers.com www.spilasers.com

 

Panmure Gordon & Co. 
Dominic MorleyTel: +44 (0) 20 7459 3600
dominic.morley@panmure.comwww.panmure.com

 

Media enquiries:

Abchurch 
Henry Harrison-Topham / Amy WestTel: +44 (0) 20 7398 7702
henry.ht@abchurch-group.com www.abchurch-group.com

 


    SPI Lasers UK Head Office and Manufacturing Facility
    SPI Lasers
    6 Wellington Park
    Tollbar Way
    Hedge End
    Southampton
    SO30 2QU
    US Corporate Office
    SPI Lasers LLC
    4000 Burton Drive,
    Santa Clara, CA 95054
    USA
    China Representative Office
    Shenzhen, Representative Office of SPI Lasers UK Ltd
    Rm 2631, Level 26,
    Anlian Centre,
    4018 Jintian Rd,
    Futian District,
    Shenzhen, 518026
    P.R.China