Prague, London, March 11, 2009 – Today, (1102 CZK, -0,09%) N.V. (the “Company” or “Zentiva”) issued 986,520 new ordinary shares (“New Shares”), par value EUR 0.01 per New Share. As announced by in its press release of February 13, 2009, the purpose of this issue of the New Shares was to cover certain in-the-money employee stock options. All the New Shares were tendered into the (39,89 EUR, -2,29%) Offer. Issuance of the New Shares resulted in the Company’s issued share capital being increased to EUR 391,227.50, divided into 39,122,750 ordinary shares.
Also today, the Board of decided to initiate necessary regulatory steps for delisting of shares from the Prague Stock Exchange. The Board also decided to initiate necessary steps for delisting of global depositary shares (“GDS”) from the (397,75 GBp, -1,12%) and for terminating the GDS program in full both in respect of Regulation S GDS and Rule 144A GDS. The Board’s intention is to achieve the delisting of the shares and GDS, and the termination of the GDS program, as soon as practicable.
Shareholders are reminded that delisting of the shares and GDS will likely result in a substantial decrease of liquidity thereof, and will no longer be subject to certain reporting obligations.