Elektrobit Group Oyj - CHANGES RELATING TO JOT AUTOMATION GROUP PLC SHARES
October 04, 1999
CHANGES RELATING TO JOT AUTOMATION GROUP PLC SHARES
The following changes according to the decisions made in October 1, 1999 JOT Automation Group Plc's extraordinary meeting of the shareholders will most likely be entered into the Trade Register October 6, 1999.
JOT Automation Group Plc deletes the nominal value of the share. The Accounting counter value of the shares 0.02 euros has been announced to the Trade Register.
At the same time the number of JOT Automation Group Plc shares has been changed (split 1/10). After the split the total number of JOT Automation Group Plc shares is 170,617,200.
Articles of association item 4 has been changed as follows:
4. Number of shares
The Company shall have a minimum of 100,000,000 shares and a maximum of 1,000,000,000 shares.
Trading in JOT Automation Group Plc's splitted shares will commence on October 7, 1999. The splitting will be seen in JOT Automation Group Plc's share price as of October 7, 1999.
JOT Automation Group Plc will publish its Interim Report of January-September on Tuesday, October 19, 1999 approximately at 9.00 a.m. The information in the review will also be posted on the Company's www homepages at www .jotautomation.com/ financials /pressreleases. A press conference will be arranged October 19, 1999 at 9.00 am in Helsinki, Hotel Radisson SAS Royal, Runeberginkatu 2.
JOT Automation Group specializes in manufacturing and marketing production automation for the electronics industry. The group has subsidiaries in eight countries. On June 30, 1999 the group employed 594 people and its net sales from January 1 to June 30, 1999 came to 52.9 million euros. The Company's shares are listed in the Helsinki Exchanges.
Oulunsalo, October 04,1999
JOT Automation Group Plc
Irma-Liisa Korhonen
IR Manager
