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OCZU Ocz Tech (DI)

6.00
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ocz Tech (DI) LSE:OCZU London Ordinary Share COM SHS USD0.001 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Admission of Unrestricted Stock

23/09/2008 11:29am

UK Regulatory


    RNS Number : 0674E
  OCZ Technology Group, Inc.
  23 September 2008
   
    NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN THE UNITED STATES, CANADA, THE REPUBLIC OF IRELAND, THE REPUBLIC OF SOUTH AFRICA,
ISRAEL, JAPAN OR AUSTRALIA, OR THEIR RESPECTIVE TERRITORIES OR POSSESSIONS

    23 September 2008

    OCZ Technology Group, Inc.

    Admission of Unrestricted Stock

    OCZ Technology Group, Inc. ("OCZ" or "the Group", AIM: OCZ) a worldwide leader in innovative, ultra-high performance and high
reliability memory, PC components and system builds, announces that it has received applications to have the restrictive legend on
certificates representing 1,665,293 common shares in the issued share capital of OCZ ("Common Shares") removed. These shares will be
transferred to a new line of unrestricted shares and will be eligible to be held and transferred within the CREST system as depository
interests. 

    Application has been made for a total of 1,665,293 Common Shares to be admitted to trading on AIM under the new line and dealings are
expected to commence on AIM on 29 September 2008. Following admission of the Qualifying Shares, the Group will have 45,870,647 Common Shares
admitted to trading under the existing restricted line (ISIN number USU675091065) and 6,478,034 Common Shares admitted to trading under the
new unrestricted line within the CREST system (ISIN number US67086E1055).

    Holders of Common Shares are reminded that they should have received documentation from the Registrar detailing the procedure to have
the restrictive legend removed from certificates representing Qualifying Shares. If you hold Common Shares and have not received such
documentation, please contact the Registrar on +44 (0)1534 825348. However, if your Common Shares are held on your behalf by a nominee or
broker, you should contact such nominee or broker. The removal of the restrictive legend and the establishment of the depository interest
facility is intended to enhance the liquidity in the trading of the Common Shares and allow investors who may have previously had difficulty
in dealing, to deal more easily. 

    Enquiries:

 OCZ Technology Group, Inc                          
           Art Knapp, Chief Financial Officer      +1 408 733 8400
           Quentin Solt, Non-executive Director    + 44 (0)7768 476988

 John East and Partners Limited
      Bidhi Bhoma                                  +44 20 7628 2200

 College Hill
           Adrian Duffield                         +44 20 7457 2020



    Important Information:

    None of the Common Shares have been registered under the US Securities Act of 1933, as amended (the "US Securities Act") and may be
"restricted securities" within the meaning of Rule 144 under the US Securities Act. Accordingly, the shares of OCZ may not be re-sold or
otherwise transferred except (a) in offshore transactions meeting the requirements of Regulation S under the US Securities Act; (b) pursuant
to an effective registration statement under the US Securities Act; or (c) pursuant to an available exemption under the US Securities Act.

    Note to editors

    OCZ develops, produces, and distributes high-performance computer components including flash memory storage, memory modules, thermal
management solutions and computer power supplies, designed to make computers run faster, more reliably and more efficiently. 

    With a reputation for innovation and excellence in a demanding and discerning market, OCZ extended its market leadership when it
acquired PC Power & Cooling in May 2007, to become a global force in high-performance power supply and cooling products. In October 2007, it
acquired high performance laptop and desktop computer systems maker Hypersonic PC to further diversify its product offerings.

    Based in the heart of Silicon Valley, OCZ employs approximately 275 staff across offices in the USA (Sunnyvale and San Diego), Canada,
Holland and its manufacturing and logistics centre in Taiwan.

    www.ocztechnology.com



This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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