Stratasys board adopts limited extension of shareholder rights plan

Additionally, the Stratasys board of directors has unanimously adopted an amendment to Stratasys’ shareholder rights plan, pursuant to which the expiration date of the rights plan was extended for three months. The rights plan is not intended to prevent or interfere with any action with respect to Stratasys that the board determines to be in the best interests of the company and its shareholders. Instead, it will support the board’s ability to carry out its strategic review process and position the board to fulfill its fiduciary duties on behalf of all shareholders by ensuring the board is able to evaluate all options and preserve for all shareholders the long-term value of the company in the event of a takeover or acquisition of a controlling stake without the payment of a control premium for all Stratasys ordinary shares.