Salut Gilbert !
i-data private placement en date du 2 octobre....
To the Copenhagen Stock Exchange
and the press
Copenhagen Stock Exchange Message 28/2000
October 2, 2000
Subscription of new shares in i-data totaling DKK 592 million
In Copenhagen Stock Exchange message no. 26/2000, dated September 28, 2000, i-data international a-s (”i-data”) announced that it is in negotiations to acquire Canadian Eicon Technology Corporation (”Eicon”). i-data also announced that it was examining the possibility of conducting a targeted private placement of new shares.
In line with the announcement, i-data has now conducted a targeted private placement at market value to a limited number of Danish and international investors by using its authorization to issue new shares, as specified in the company’s by-laws.
The capital increase totals 640,000 new i-data shares, equaling 9.98% of the company’s current share capital. i-data’s nominal share capital hereafter amounts to DKK 70,525,000.
The price of the new shares has been set at DKK 925 per share, giving i-data gross proceeds of DKK 592 million. Danske Securities (division of Danske Bank A/S) and Carnegie Bank A/S handled the capital increase.
The new shares issued in connection with the targeted capital increase belong to the same class of shares and have the same rights as existing i-data shares. The shares will carry the right to any dividends declared and payable in respect of the financial year ending 31 December 2000.
The new shares are expected to be listed on the Copenhagen Stock Exchange from October 2, 2000, under temporary securities ID DK001027271-5, which is expected to be merged with i-data’s existing securities ID DK001025961-3 as soon as possible.
In connection with the capital increase, the two major shareholders of i-data, Horizontal A/S og HCH A/S, have extended their lock-up period for an additional 6 months until May 1, 2001.
For more information, please contact:
Investor contact:
Nick Jensen, CEO, tel.: (+45) 44 36 61 00
Karsten Dyhrberg Nielsen, vice president, investor relations, tel.: (+45) 44 36 61 03 |
