Canon Inc. to Take Over All Remaining Shares in Oce NV; Oce NV to Delist from Amsterdam Stock Exchange

Canon Inc. (Canon) announced the intention to realize a delisting of Oce NV (Oce) from the Amsterdam stock exchange NYSE Euronext, following the acquisition of the ordinary shares held by Orbis Funds in Oce NV, bringing Canon's ownership in Oce NV to 98.83% of the entire issued share capital (including cumulative preference shares). This increased percentage allows Canon and Oce to start discussions about the delisting procedure and the timing thereof, taking into account all regulatory requirements. Canon will commence statutory buyout proceedings under Dutch law (squeeze out procedure) in due course to effect the purchase of the remaining minority shareholdings. The acquired Orbis Shares represent approximately 10.8% of the ordinary share capital and 8.8% of the entire issued share capital of Oce NV (including cumulative preference shares).