Photronics Announces Intent to Acquire Outstanding Shares of its Majority Owned Taiwan Subsidiary, PSMC

The Board of Photronics Semiconductor Mask Corporation, a majority-owned subsidiary of Photronics (NASDAQ: PLAB ), earlier today approved the filing of an application for the voluntary delisting of its stock from Taiwan's GreTai Securities Market (“GTSM”). After approval from the GTSM, Photronics intends to launch a tender offer to