Olicom makes share purchase offer

Olicom A/S, the Danish quoted venture capital firm, has made an offer to purchase all common shares held by holders of 1,000 or fewer shares for $1.10 in cash. The offer is to purchase all, but not less than all, shares held by such shareholders. The offer represents a premium of 29% over the closing sale price of Olicom common shares. The offer is not being made to shareholders of Olicom who hold their shares through the Danish Securities Centre or whose shares are deposited outside the United States. Olicom anticipates that its purchase of common shares following the offer should not exceed 425,000 shares.

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