GeoSentric Oyj - Company Announcement

GEOSENTRIC SIGNS TERM SHEET ON ACQUIRING NEW BUSINESS

GEOSENTRIC OYJ      STOCK EXCHANGE RELEASE January 30, 2013 at 16:15





GEOSENTRIC SIGNS TERM SHEET ON ACQUIRING NEW BUSINESS



GeoSentric Oyj announces the signing of a term sheet regarding the acquisition
of Sinophi Healthcare Limited, a company operating in the field of private
specialty healthcare, especially in China. The Sinophi business is focused on
leveraging its healthcare platform of hospital management, pharmacy outsourcing
and the provision of hospital supplies. The transaction would involve
acquisition of the entire share capital, shares and votes of Sinophi Healthcare
Limited in exchange for newly issued shares of GeoSentric representing 90 % of
the GeoSentric shares and votes after the acquisition. As a result of the
acquisition, Sinophi Healthcare Limited would become a wholly owned subsidiary
of GeoSentric and the shareholders of Sinophi Healthcare Limited would hold 90
% of GeoSentric's outstanding shares. 



The acquisition is anticipated to be agreed and closed during the Q1/2013. The
acquisition shall be subject to approval by the General Meeting of GeoSentric
Oyj. 



According to the rules of the Nasdaq OMX Helsinki stock exchange, the
arrangement means that an extensive change (reverse takeover) would take place
concerning GeoSentric Oyj's business, thus the fulfilling of listing criteria
must also be re-evaluated. For GeoSentric Oyj, this means that a new listing
application needs to be submitted to the stock exchange and it will be handled
in the listing committee. In the arrangement, GeoSentric Oyj will issue an
amount of new shares that will require drawing up a new prospectus and having
it accepted by the Finnish Financial Supervisory Authority. After the
acceptance, the stock exchange will decide on admitting the new shares to
public trading. 



More details on the acquisition and invitation to the Extraordinary General
Meeting shall be disclosed within next few days. 







GEOSENTRIC OYJ



Board of Directors



Distribution:

NASDAQ OMX Helsinki

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