Announcement Regarding Right of Redemption In Compliance With the Finnish
June 8, 2006
SysOpen Digia Plc’s (SysOpen Digia) holding has increased to a total of 11,951,852 shares in Sentera Plc (Sentera), which represent approximately 90,97 % of all shares and the votes of Sentera (excluding the own shares held by Sentera).
SysOpen Digia is therefore entitled to redeem the remaining shares in Sentera pursuant to Chapter 14, Section 19, of the Finnish Companies Act, and SysOpen Digia shall begin procedures pursuant to the Finnish Companies Act to redeem shares in Sentera held by other shareholders than SysOpen Digia. SysOpen Digia will notify on the procedure in more detail later.
SysOpen Digia will offer a consideration of 3.20 euros per share in the redemption process pursuant to the Finnish Companies Act. This consideration equals to the highest price paid by SysOpen Digia for the shares in Sentera.
Sentera’s shareholders considering the sale of shares to SysOpen Digia in the redemption procedure are asked to accept the Mandatory Offer pursuant to the Finnish Securities Market Act, which will be published on or around 19 June 2006.
The offer period is expected to begin on or around 21 June 2006.
SysOpen Digia’s intention is that Sentera will apply for the delisting of the Sentera shares when the ownership of all shares in Sentera has been transferred to SysOpen Digia. SysOpen Digia expects this to take place during the early autumn 2006.
SYSOPEN DIGIA PLC
Helsinki Stock Exchange
Mr. Jari Mielonen, Chief Executive Officer, tel. +358 40 703 8383
Mr. Tomi Merenheimo, Vice President, Legal and IR, tel. +358 40 560 6101, e-mail: email@example.com
This stock exchange release may not be released or distributed in whole or in part in or into the United States of America, Canada, Australia or Japan.
The offer is not being made directly or indirectly in or into the United States of America, or by use of the mails or by any means or instrumentality (including without limitation facsimile transmission, telex, telephone and the internet) of interstate or foreign commerce, nor is it being made directly or indirectly in or into Canada, Australia or Japan.
- Contact Information
- Mr. Tomi Merenheimo
- Vice President
- SysOpen Digia Plc
- Contact via E-mail
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