Europeinvestment A/S
(formerly Live Network Holding A/S)
CVR no. 10435013
c/o Belle Balance International ApS
Kongevejen 53, DK-2840 Holte
Telephone 0046 8 545 00140
Stock Exchange Notification 2007-06-25
Re.: Capital Increase
In connection with converting of Europeinvestment A/S´ debt to Aladdin
Investment Ser-vices Ltd the Board of Directors 25 June, 2007 has decided to
increase the share capital with nominal DKK 17,450,000, on following terms:
• The share capital is increased with nominal DKK 17,450,000, corresponding to
3,490,000 shares of nominal DKK 5 each, to nominal DKK 192,008,750,
corresponding to 38,401,750 shares nominal DKK 5 each and the Articles of
Association are therefore changed.
• The shares are issued by converting of debt, DKK 17,450,000. The capital
increase is issued by shares at par value.
• The new shares trigger rights to dividend and other rights from the
accounting year 2007.
• The new shares are negotiable instruments and have same rights as other
shares in the Company, such as voting rights.
• There are no limitations on the transferability of the shares.
• Before the capital increase the Board of Directors until 1 April, 2011 was
authorised to increase the share capital of the Company by issuing of up to
2,000,000,000 new shares of nominally DKK 5 per share. This authorisation will
be reduced so the Board of Di-rectors until 1 April 2011 is authorised to
increase the share capital of the Company by issuing of up to nominal DKK
9,982,550,000, corresponding to 1,996,510,000 shares of nominal DKK 5 each and
the articles of association Section 4(10) is changed in accor-dance herewith.
• Application for listing of the new shares at CSE has been filed and the
listing is done in the Company's existing ISIN code, DK001014331-2.
Before the capital increase Aladdin Investment Services Ltd. held 9,000,000
shares in Eu-ropeinvestment A/S, corresponding to 25.78 % of the company's
nominal share capital. Aladdin Investment Services Ltd. is controlled by the
Khatib family and is thus a related party.
The debt was incurred in connection with the company's decision to become an
investment company. The company has signed an agreement with Europe Vision Plc.
and is in this rela-tionship obligated to pay a cash fee. The fee is financed
by Aladdin Investment Services Ltd. as a loan to the company.
The reason for the conversion is that Europeinvestment A/S has decided to pay
its invest-ments by the way of shares to minimize the need of liquidity. It is
therefore agreed with Aladdin Investment Services Ltd., that the outstanding
amount not is repaid in cash but by the way of shares.
Europeinvestment A/S´ total debt liability before the capital increase amount
to DKK 41,438,407,00 of which DKK 40,434,531,00 was debt to Aladdin Investment
Services Ltd. After the converting of debt and the capital increase
Europeinvestment A/S´ total debt liabil-ity amount to DKK 23,988,407,00, of
which 22,984,531 is debt to Aladdin Investment Ser-vices Ltd.
The debt comprises i.a. a fee of SEK 20,000,000 to Europe Vision Plc and a
payment of € 2,500,000 to a film fund with Europe Vision Plc, cf. in more
details notifications of 18 April, 2007 and 16 May, 2007.
The capital increase is registered within the Danish Commerce and Companies
Agency.
Attached this notification is the following appendices:
• Copy of the Subscription List regarding the issuing.
• Copy of Declaration from the Board of Directors containing the significant
events.
• Copy of the statement by the auditor on the report of the board of directors.
After the issue of 3,490,000 shares to Aladdin Investment Services Ltd., its
shareholder has increased to:
12,490,000 shares, corresponding to 32,52 % of the share capital.
Questions may be made to managing director Castro Khatib at telephone 0046 8
545 00140.
Europeinvestment A/S
