CONSOLIDATED HOLDINGS A/S MAKES TENDER OFFER TO THE SHAREHOLDERS OF NETOP SOLUTIONS A/S


Birkeroed;, 2013-03-05 14:44 CET (GLOBE NEWSWIRE) -- Announcement No. 2-2013

 

5 March 2013

 

To NASDAQ OMX Copenhagen

  

The Company's controlling shareholder, Consolidated Holdings A/S, company reg. (CVR) no. 35 42 20 13, has requested the Company to release the following announcement:

 

CONSOLIDATED HOLDINGS A/S MAKES TENDER OFFER TO THE SHAREHOLDERS OF NETOP SOLUTIONS A/S

 

Consolidated Holdings A/S ("CH") expects on 5 March to increase its controlling interest in the Company by acquiring additional 13.5% of the shares at a price of DKK 10.00 per share to the effect that CH will control about 77% of the shares and about 79% of the voting rights. In order to give the Company's other shareholders an opportunity to sell their shares on similar terms, CH hereby invites all of the Company's other shareholders to tender their shares at a price of DKK 10.00 per share.

 

The terms, deadline and acceptance procedure of the tender offer are set out in the offer document attached to this announcement and which can be downloaded from the Company's website at this address:

http://www.netop.com/investors/overview.htm

 

This announcement and the attachment will be forwarded to the Company's registered shareholders at their designated address.

____________

  

CH has also requested the Company to put the following item on the agenda of the Company Annual General Meeting to be held on April 24, 2013:

 

“Proposal that the Company applies to have its shares delisted from trading on Nasdaq OMX Copenhagen, such final delisting being subject to the approval of Nasdaq OMX Copenhagen A/S.”

  

About Netop Solutions A/S

Netop develops and sells market leading software solutions that enable swift, secure and seamless transfer of video, screens, sounds and data between two or more computers. The company has two business areas: Customer Service and Education.  Used by half of the Fortune 100, Netop’s customer service solutions, including secure remote access and live chat, help businesses provide better customer service, reduce support costs and meet security and compliance standards. In Education, Netop is the world leader in classroom management software, helping teachers in 75 countries make teaching with technology easier and more effective. Headquartered in Denmark, Netop employs 144 people and has offices in the United States, Romania and Switzerland. The company sells its solutions to public and private clients in more than 80 countries. Netop Solutions A/S is listed on NASDAQ OMX Copenhagen. Netop generated revenue of DKK 85.3 million in 2012. For more information, go to www.netop.com.

 

 

Translation In the event of any inconsistency between this document and the Danish language version, the

Danish language version shall be the governing version.

         CEO Kurt Bager
         
         Tel.: +45 45 90 25 25
         
         E-mail:kgb@netop.com


Attachments

Offer from Consolidated Holdings-eng.pdf Acceptblanket i forbindelse med tilbud.pdf Tilbudsdokument Endelig.pdf