Company news

Exercise of FractureCode put option

03 March 2009

Filtrona plc (“Filtrona”) received notification that ITO Technologies ApS ("ITO") wished to exercise its put option over 20 per cent. of the issued share capital of FractureCode Corporation ApS.

On 2 March 2009, Filtrona plc (“Filtrona”) received notification that ITO Technologies ApS ("ITO") wished to exercise its put option over 20 per cent. of the issued share capital of FractureCode Corporation ApS under a share purchase agreement dated 22 December 2005 between ITO, FIL International Limited, Filtrona and Jens Jacob Juul Rasmussen for a consideration of €3.1 million.