Utimaco Safeware AG / Miscellaneous
04.02.2009
Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Utimaco Safeware AG: Cash compensation for Domination and Profit Loss
pooling Agreement accumulated to EUR 14.13
Oberursel/Germany, February 4th, 2009 - The Management of Sophos Holdings
GmbH, Mainz, a 100% affiliate of the British Sophos Plc, and the Management
Board of Utimaco Safeware AG today agreed on the conditions of the
Domination and Profit Loss pooling Agreement between Sophos Holdings GmbH
as controlling company and Utimaco Safeware AG as controlled company. The
contract requires the approval of the Supervisory Board and of the
Shareholders of Utimaco Safeware AG. The resolution of the Supervisory
Board of Utimaco Safeware AG is planned for February 9th, 2009. The
Shareholders of Utimaco Safeware AG shall approve the contract in an
extraordinary Shareholders Meeting, which likely will take place end of
March 2009.
A cash compensation offer according to § 305 AktG (Stock Corporation Act)
amounting to EUR 14.13 and a yearly compensation according to § 304 AktG
(Stock Corporation Act) amounting to EUR 1.03 gross (EUR 0.87 net according
to the current circumstances) for a complete fiscal year per no-par value
share are provided for the outside shareholders of Utimaco Safeware AG.
These payment obligations shall be additionally ensured by a Comfort Letter
of Sophos Plc.
The cash compensation offer according to § 305 AktG (Stock Corporation Act)
and the compensation according to § 304 AktG (Stock Corporation Act) are
based upon an expert opinion of PKF Pannell Kerr Foster
Wirtschaftsprüfungsgesellschaft, Frankfurt am Main. The adequacy of the
cash compensation and the compensation is audited by Jung Treuhand GmbH
Wirtschaftsprüfungsgesellschaft, Offenbach am Main, which were chosen and
commissioned as expert auditor by the County Court Frankfurt am Main.
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Information and Explaination of the Issuer to this News:
Utimaco Safeware AG The Data Security Company
With over 25 years of company history behind it, Utimaco is now one of the
leading global manufacturers of data security solutions. The Data Security
Company enables medium-sized and large organizations to safeguard their
electronic assets against intentional or accidental data loss, and to
comply with all currently applicable data protection regulations. Utimaco's
complete range of solutions provides full 360 degree protection. SafeGuard
solutions protect and manage data during storage (data at rest), during
transmission (data in motion) and during processing (data in use). Utimaco
offers its customers comprehensive on site support via a worldwide network
of certified partners and subsidiaries. Utimaco Safeware AG, with
headquarters in Oberursel, near Frankfurt, Germany, is listed on the
Frankfurt Stock Exchange (ISIN DE0007572406). For more information about
Utimaco Safeware, go to: www.utimaco.com
www.utimaco.com
Jutta Stolp, CIRO
Investor Relations
Tel.: +49 (61 71) 88 - 11 17
jutta.stolp@utimaco.de
DGAP 04.02.2009
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Language: English
Issuer: Utimaco Safeware AG
Hohemarkstraße 22
61440 Oberursel
Deutschland
Phone: +49 (0)6171 88 - 0
Fax: +49 (0)6171 88 - 1290
E-mail: info@utimaco.de
Internet: www.utimaco.de
ISIN: DE0007572406
WKN: 757240
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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DGAP-Adhoc: Utimaco Safeware AG: Cash compensation for Domination and Profit Loss pooling Agreement accumulated to EUR 14.13
| Source: EQS Group AG