The Netherlands: Boskalis Acquires 22 Pct Stake in Dockwise

Business & Finance

Boskalis Acquires 22 Pct Stake in Dockwise

Following a press release issued this morning regarding an intended offer for Dockwise Ltd., Royal Boskalis Westminster N.V. announces that it has acquired in excess of 8.5 million shares in Dockwise in the course of trading today.

This shareholding represents slightly less than 22% of the shares in Dockwise.

As previously announced, HAL Investments B.V. has irrevocably committed to tender its shares in Dockwise under the intended offer, representing approximately 32% of the outstanding ordinary shares.

Boskalis has invited Dockwise to meet at short notice with a view to further discuss the proposed offer in order to come to a transaction that is supported and recommended by the Board of Directors of Dockwise.

[mappress]

Press Release, November 26, 2012