SYMPHONY TECHNOLOGY II-A, L.P. RELEASE 28 SEPTEMBER 2011 AT 6:30 P.M.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA, HONG KONG, NEW ZEALAND OR IN ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW.
FINAL RESULT OF SYMPHONY TECHNOLOGY II-A, L.P.'S MANDATORY PUBLIC TENDER OFFER FOR ALL THE SHARES AND OPTION RIGHTS IN ALDATA SOLUTION OYJ
The offer period under the mandatory public tender offer by Symphony Technology II-A, L.P. ("Symphony") for all of the issued and outstanding shares and option rights in Aldata Solution Oyj ("Aldata") that are not owned by Aldata or its subsidiaries or already owned by Symphony (the "Tender Offer") expired on 23 September 2011.
According to the final result of the Tender Offer, the shares tendered in the Tender Offer together with the Aldata shares otherwise acquired and owned by Symphony represent approximately 89.1 per cent of all the shares and votes in Aldata. In addition, 2,585,000 option rights have been tendered in the Tender Offer or otherwise acquired by Symphony. By using said option rights for the subscription of Aldata shares Symphony has a possibility to increase its holding to approximately 89.5 per cent of all the shares and votes in Aldata.
As Symphony has received all necessary regulatory approvals for the completion of the Tender Offer, and the condition to completion of the Tender Offer has thus been satisfied, Symphony will complete the Tender Offer in accordance with its terms and conditions. The offer consideration will be paid to the shareholders and holders of option rights who have validly accepted the Tender Offer in accordance with the terms and conditions of the Tender Offer on or about 4 October 2011.
Symphony's intention is to acquire all the shares in Aldata and it may thus purchase shares and option rights in Aldata also in public trading on NASDAQ OMX Helsinki Ltd. or otherwise at a price not exceeding the offer price of EUR 0.61 per share and at a price not exceeding the offer price of option rights as follows: EUR 0.01 for option rights 2008A, EUR 0.19 for option rights 2008B-F and EUR 0.01 for option rights 2008G. Assuming that Symphony's ownership in Aldata will exceed nine-tenths (9/10) of the shares and voting rights in Aldata, Symphony intends to initiate compulsory redemption proceedings for the remaining Aldata shares under the Finnish Companies Act. Symphony may also look into consolidation possibilities within the industry for example through a merger.
SYMPHONY TECHNOLOGY II-A, L.P.
For further information, please contact:
William Chisholm, Symphony Technology Group, tel. +1 650 935 9531
For more information about Symphony Technology Group, please visit: www.symphonytg.com.
THIS RELEASE MUST NOT BE RELEASED OR OTHERWISE DISTRIBUTED, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA, HONG KONG OR NEW ZEALAND. THIS RELEASE IS NOT A TENDER OFFER DOCUMENT AND AS SUCH DOES NOT CONSTITUTE AN OFFER OR INVITATION TO MAKE A SALES OFFER. INVESTORS SHALL ACCEPT THE TENDER OFFER FOR THE SHARES AND OPTION RIGHTS ONLY ON THE BASIS OF THE INFORMATION PROVIDED IN A TENDER OFFER DOCUMENT. OFFERS WILL NOT BE MADE DIRECTLY OR INDIRECTLY IN ANY JURISDICTION WHERE EITHER AN OFFER OR PARTICIPATION THEREIN IS PROHIBITED BY APPLICABLE LAW OR WHERE ANY TENDER OFFER DOCUMENT OR REGISTRATION OR OTHER REQUIREMENTS WOULD APPLY IN ADDITION TO THOSE UNDERTAKEN IN FINLAND.