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Zwolle, 23 November 2011 - Further to its press release of 22 November regarding the unsolicited indicative non-binding proposal received from Mexichem for the acquisition of all its outstanding shares, Wavin announces the following.
The offer price stated in Mexichem's non-binding proposal is EUR 8.50 per ordinary share, subject to a number of pre-offer and offer conditions. As indicated in the press release issued on 22 November, Wavin will carefully consider the indicative non-binding offer and explore the rationale, merits and risks for all Wavin's stakeholders of a possible business combination of Wavin with Mexichem.
Further announcements will be made if and when appropriate.
This is an announcement in accordance with Section 5:25i, paragraph 2 of the Dutch Financial Supervision Act (Wet op het financieel toezicht).
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