GeoSentric Oyj Stock Exchange Release June 14, 2011 at 14:00
DISCLOSURE UNDER CHAPTER 2, SECTION 10 OF THE SECURITIES MARKET ACT
GeoSentric Oyj has received a disclosure under chapter 2, section 9 of the Securities Market Act regarding a change in holdings.
Schroder Investment Management Limited (registered in the UK under the registration number 1893220, “Schroder”) holds as an asset manager for its clients GeoSentric Oyj’s (the “Company”) shares and convertible notes, and convertible notes issued by GeoSolutions Holdings N.V., a wholly owned subsidiary of the Company. As announced by the Company on June 8, 2011 it has agreed to extend the current financing structure with additional financing of up to 750k€ through GeoSolutions Holdings N.V., and to issue additional convertible notes and special rights of the Company enabling the conversion of the notes issued by GeoSolutions Holdings N.V. alternatively directly into the shares of the Company.
Schroder’s clients holdings have been previously disclosed on July 8, 2010, January 25, 2011 and April 27, 2011 by disclosures given under chapter 2, section 10 of the Securities Market Act. There are no changes in the aggregate holdings of all Schroder’s clients or any of its individual clients or client groups, except Ansa Group, resulting from the additional financing that would require giving a disclosure under the chapter 2 section 9 of the Securities Market Act.
Ansa Group did not participate in the aforementioned additional financing and as a result of which their total holding including previously held shares and shares subscribed by virtue convertible notes by Ansa Group would remain the same as disclosed previously, totaling 440,226,835 shares, which now corresponds to 19.83 % of the fully diluted shares and votes after the conversion and accordingly decreases below 1/5 compared to the previously disclosed 20.38 %. In the event the convertible notes 2008, 2010 and 2011 would be converted, but not the 2009, the threshold of Ansa Group could amount to 23.23 %. The threshold of Ansa Merchant Bank Ltd Nom 001 could decrease below 1/10 share corresponding 9.86 % (formerly 10.13 %) of the fully diluted shares and votes in the event the convertible notes were exercised. In the event the convertible notes 2008, 2010 and 2011 would be converted, but not the 2009, the threshold of Ansa Merchant Bank Ltd Nom 001 could decrease below 3/20 equalling 14.93 % of the total number of fully diluted shares and votes in the Company compared to previously disclosed 15.41 %.
As of the date of this release the registered shares amount of GeoSentric Oyj is 924,656,354 and share capital EUR 8,955,761.65.
GeoSentric Oyj
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NASDAQ OMX Helsinki
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