MONTREAL, July 16 /CNW Telbec/ - Dectron Internationale Inc. (TSX: DTL)
announced today that the management information circular and related documents
for its upcoming annual and special shareholders' meeting have been mailed.
The annual and special shareholders' meeting will be held at 10:00 a.m., on
Friday, August 8, 2008 at the Marriott Fairfield Inn & Suites, 700
Michel-Jasmin Avenue, Dorval, Quebec.
At the shareholders' meeting, Dectron's shareholders will, among other
things, vote on the proposed going private transaction, pursuant to which two
corporations wholly-owned by Ness Lakdawala, members of Mr. Lakdawala's family
and Leonard B. C. Schlemm would amalgamate with Dectron and all of the
outstanding common shares of Dectron not held directly or indirectly by
Mr. Lakdawala, members of Mr. Lakdawala's family and Mr. Schlemm would be
redeemed at a price of $4.20 cash per share.
Full details of the proposed going-private transaction are contained in
the management information circular mailed to Dectron's shareholders.
This release contains forward-looking statements. These statements
involve a number of risks and uncertainties and actual results could differ
materially from those projected. These forward-looking statements regarding
future events and the future results of Dectron Internationale Inc. are based
on current expectations, estimates, forecasts, and projections about the
markets in which we operate and the beliefs and assumptions of our management.
Words such as "expects," "anticipates," "targets," "goals," "projects,"
"intends," "plans," "believes," "seeks," "estimates," variations of such
words, and similar expressions are intended to identify such forward-looking
statements. In addition, any statements that refer to projections of our
future financial performance, our anticipated growth and trends, and other
characterizations of future events or circumstances, are forward-looking
statements. Readers are cautioned that these forward-looking statements are
only predictions and are subject to risks, uncertainties, and assumptions.
Therefore, actual results may differ materially and adversely from those
expressed in any forward-looking statements. Readers are referred to the
cautionary statements and important factors discussed in our Annual
Information Form for the year ended January 31, 2007 for further information.
We undertake no obligation to revise or update publicly any forward-looking
statements for any reason, except as required by law.
Dectron Internationale Inc. is a global provider of custom and
semi-custom IAQ (indoor air quality) and HVAC-R (heating, ventilation and air
conditioning and refrigeration) products and services to the building systems,
food processing, medical, petrochemical, and various industrial and commercial
markets. Established in Montreal, the Company has 430 employees in its
manufacturing facilities. Its shares are listed on the TSX (DTL).
For further information:
For further information: Dectron Internationale Inc.: Glenn La Rusic,
Chief Financial Officer, firstname.lastname@example.org; www.dectron.com; Renmark
Financial Communications Inc.: Dan Symons, email@example.com; Henri
Perron, firstname.lastname@example.org, (514) 939-3989, Fax: (514) 939-3717;