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News from CNW Group

Crescendo Partners acquires additional shares of Matrikon

16:47 EDT Wednesday, August 05, 2009

NEW YORK, Aug. 5 /CNW/ - Crescendo Partners announces that, since February 4, 2009, Mr. Eric Rosenfeld has acquired ownership and control, directly and indirectly, of an additional 808,301 common shares ("Common Shares") of Matrikon Inc. (TSX:MTK) as at July 24, 2009.

This represents 2.63% the total common shares outstanding as at July 31, 2009. The common shares were purchased through the facilities of the TSX at prices ranging between $1.65 and $2.01 per share. After completion of these acquisitions of common shares, Mr. Rosenfeld beneficially owned or controlled, directly and indirectly, a total of 5,163,269 common shares of Matrikon (including 4,500 unvested RSUs with 4,500 being converted into 5,201 common shares, each held directly) through his ownership interests in, and control of, two limited partnerships: (i) Crescendo Partners II L.P. Series N (3,906,335 common shares), and (ii) Crescendo Partners IIII L.P. (822,365 common shares) and through direct ownership (434,569 common shares).

This press release is issued pursuant to National Instrument 62-103 - Early Warning System and Related Issues, which requires a report to be filed on SEDAR (www.sedar.com) containing additional information with respect to the foregoing matters.

%SEDAR: 00016228E

For further information: Crescendo Partners, Eric Rosenfeld, (212) 319-7676, email: erosenfeld@crescendopartners.com

© CNW Group


 

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