NOT PRICE SENSITIVE
REL: 0902 HRS Rakon Limited
GENERAL: RAK: Zero Commission - Unsolicited Shareholding Offer
ZERO COMMISSION NZ LIMITED - UNSOLICITED SMALL SHAREHOLDER OFFER
21 January 2015
Rakon Limited (RAK) advises that Zero Commission NZ Limited (Zero Commission)
has provided written notice that it intends to make an offer to selected
small shareholders in Rakon Limited who are NZ registered and hold between 1
to 9,000 ordinary shares in the company with an offer to buy their shares for
$0.31 per share (the Proposed Offer)
The Board of Rakon advises that it does not endorse the Proposed Offer.
A copy of a letter from Rakon sent to shareholders who may have received an
offer from Zero Commission is attached.
Chief Financial Officer
Rakon 09 571 9206
Rakon is a global high technology company and a world leader in its field.
The company designs and manufactures advanced frequency control and timing
solutions. Rakon has eight manufacturing plants including four joint ventures
plants and five research and development centres. Customer support centres
are located in 13 offices worldwide. Rakon is a public company listed on the
New Zealand stock exchange, NZSX, ticker code RAK.
End CA:00259915 For:RAK Type:GENERAL Time:2015-01-21 09:02:47