|[April 01, 2014]
Nordion Obtains Court Order to Delay its Annual Meeting Date
OTTAWA, Ontario --(Business Wire)--
Nordion Inc. (TSX:NDN) (NYSE:NDZ), announced today that the Ontario
Superior Court of Justice has granted an order extending the time for
calling and holding the Company's annual general meeting (the "AGM"),
which was scheduled to take place on April 29, 2014. The order allows
Nordion to combine its AGM with its shareholders' special meeting to
consider the transaction announced on March 28, 2014 whereby Nordion
entered into a definitive agreement (the "Arrangement Agreement")
to be acquired by Sterigenics. The order further provides that the AGM
has to be held no later than June 30, 2014.
A management information circular will be prepared and mailed to
shareholders over the coming weeks providing shreholders with important
information about the transaction. In accordance with the Arrangement
Agreement, Nordion is required to hold a special shareholder meeting on
or before May 28, 2014.
About Nordion Inc.
Nordion Inc. (TSX:NDN) (NYSE:NDZ) is a
global health science company that provides market-leading products used
for the prevention, diagnosis and treatment of disease. We are a leading
provider of medical isotopes and sterilization technologies that benefit
the lives of millions of people in more than 40 countries around the
world. Our products are used daily by pharmaceutical and biotechnology
companies, medical-device manufacturers, hospitals, clinics and research
laboratories. Nordion has over 400 highly skilled employees in three
locations. Find out more at www.nordion.com
and follow us at twitter.com/NordionInc.
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