Automodular announces substantial issuer bid - update
Ajax - July 13, 2010
Automodular Corporation (“Automodular”) reports that it has been advised by Franklin Templeton Investments Corp. that one of
its funds, Bissett Microcap Fund has determined to tender 2,590,000 common shares to the substantial issuer bid announced by the
Company on June 11, 2010 (the “Offer”). As disclosed in the issuer bid circular in respect of the Offer, Franklin Templeton
Investments Corp. had advised that it may deposit common shares to the Offer but had not determined how many shares to deposit.
The Offer is scheduled to expire at 5:00 p.m. (Toronto time) on July 20, 2010, unless extended.
Automodular is a supplier of sub-assembly, sequencing and transportation services to two OEM plants in Ontario. The Company
has three operating facilities and employs approximately 600 people.
For further information, contact:
Christopher Nutt
Vice President, Finance
Automodular Corporation
(905) 619 4202
invest@automodular.com
This press release contains forward-looking statements that involve a number of risks and uncertainties. Specific forward-looking
statements in the document relate to the change in intentions in respect of the tendering of common shares and the number of
common shares to be tendered as noted above as well as the scheduled closing of the Offer. Except as required under continuous
disclosure obligations, the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
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