Last checked at 25 Jun 2008 18:25
Autodesk, Inc.
Statement Pursuant to Rule 2.8 of the City Code on Takeovers and Mergers
On 25 June 2008, Flomerics Group plc ("Flomerics" or the "Company") announced that discussions with Autodesk, Inc. ("Autodesk") had been concluded and that Autodesk had decided not to make an offer for the Company at this stage.
For the purposes of Rule 2.8 of the City Code on Takeovers and Mergers (the "Code"), and except with the consent of the Panel on Takeovers and Mergers, Autodesk reserves the right (on behalf of itself and anyone acting in concert with it) to announce an offer or possible offer for Flomerics and/or to take any other action which would otherwise be restricted under Rule 2.8 of the Code within the next six months in the event that:
(i) the agreement or recommendation of the Board of Flomerics is given to the making of such an announcement or the taking of any such other action;
(ii) a third party (other than any party currently engaged in undertaking an offer for the Company) announces an offer for Flomerics; or
(iii) Flomerics announces a "whitewash proposal" or a "reverse takeover" (each as defined in the Code).
Enquiries:
Press:
Colleen Rubart, colleen.rubart@autodesk.com, +1 (415) 547-2368
Investor Relations:
David Gennarelli, david.gennarelli@autodesk.com, +1 (415) 547-6033
Katie Blanchard, Katherine.blanchard@autodesk.com, +1 (415) 507 6034