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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ocz Tech Regs | LSE:OCZ | London | Ordinary Share | COM SHS USD0.001 (REG S) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 10.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number : 7830B OCZ Technology Group, Inc. 21 August 2008 NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN THE UNITED STATES, CANADA, THE REPUBLIC OF IRELAND, THE REPUBLIC OF SOUTH AFRICA, ISRAEL, JAPAN OR AUSTRALIA, OR THEIR RESPECTIVE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 21 August 2008 OCZ Technology Group, Inc. Depositary interest facility and admission to CREST 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, is pleased to announce that, with effect from 1 September 2008 (the "Effective Date"), OCZ shareholders will be able to hold and transfer OCZ's common shares ("Shares") within the CREST system as depository interests, as long as certain criteria are satisfied. This is intended to enhance the liquidity in the trading of the Shares and allow investors who may have previously had difficulty in dealing, to deal more easily. The Company, through its new registrar, Computershare Investor Services (Channel Islands) Limited (the "Registrar"), has established a depository interest facility to enable qualifying shares ("Qualifying Shares") to be traded in electronic form within the CREST system under a new ISIN number. On the Effective Date, Qualifying Shares will be eligible to be transferred to the new ISIN number. These Qualifying Shares may then be admitted to CREST as depository interests, thereby allowing settlement of transactions in Qualifying Shares within the CREST system. CREST is a UK and Irish electronic paperless share transfer and settlement system that allows shares and other securities to be held in electronic rather than paper form. Companies other than UK or Irish companies may not settle their shares directly through CREST but are required to settle them by means of a depository interest. The transferred Qualifying Shares will be represented in CREST by the new ISIN number US67086E1055 (AIM: OCZU). Common shares of the Company which are not Qualifying Shares will continue to be represented by ISIN number USU675091065 (AIM: OCZ). Common shares will be eligible for settlement through CREST where they were issued at least 12 months ago, whether or not in an offering conducted outside the United States pursuant to Regulation S of the United States Securities Act of 1933, as amended (the "US Securities Act") and where the shareholder is not an affiliate of the Company. Shareholders should note that in order to hold Qualifying Shares (if are eligible to do so), they will need to provide their share certificates to the Registrar to have any restrictive legend removed. Shareholders should then contact their broker or custodian to arrange to have their unrestricted shares dematerialised and transferred into the CREST system. Explanatory letters have been sent to all shareholders. Shareholders should contact the Registrar on +44 (0)1534 825348 if they require further confirmation of whether their shares are Qualifying Shares and the process for dematerialisation of their Qualifying Shares or for receiving new share certificates. 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 Shares have been registered under 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 250 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 MSCPBMPTMMMTMMP
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