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  2010-03-29 The Board of Directors of Tricorona recommends shareholders not to accept the offer from OpconThe Board of Directors of Tricorona • recommends that the shareholders do not accept the offer from Opcon • believes strongly that Tricorona as an independent company can continue to generate value for all shareholders through its well-established business model and strong financial foundation • has not identified any synergies between the companies that cannot be realised within the framework of the existing or an increased partnership with Opcon • does not believe that the offer reflects the underlying value of Tricorona – Since the reason for Opcon’s offer appears to be to use Tricorona’s liquid assets and future cash flows to build up Opcon’s Powerbox technology, this can essentially be regarded as a share issue by Opcon directed to Tricorona’s shareholders. It appears more rational from a financial perspective to allow the current and future shareholders in Opcon to finance this activity themselves, rather than drain Tricorona’s successful business model for this purpose,” says Pär Ceder, Chairman of the Board of Tricorona. For further information, contact: Pär Ceder, Chairman of the Board Telephone: +46 70 324 4080  |
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Tricorona AB, Kungsgatan 32, Box 70426, SE-107 25 Stockholm, Sweden, Phone +46 (0)8-506 885 00, Fax +46 (0)8-34 60 80,  |
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