Dovre Group Oyj - Company Announcement

Dovre Group received a call option notice regarding Safran Software Solutions AS

Espoo, Finland, 2012-12-28 14:00 CET (GLOBE NEWSWIRE) -- 
Dovre Group Plc                 Stock Exchange Bulletin                December
28, 2012 at 3:00pm 

Dovre Group received a call option notice regarding Safran Software Solutions AS

Dovre Group Plc has received a notice from SNA Holding AS on December 28, 2012
to call its option to acquire the entire share capital of Dovre Group's
fully-owned Norwegian subsidiary Safran Software Solutions AS. The option is
based on an agreement signed in 2009 between Dovre Group Plc and SNA Holding
AS. 

The completion of the sales process, including contract negotiations and due
diligence, is estimated to take place by end of March 2013. In case the
transaction is completed, the expected consideration for the shares is on the
level of EUR 5 million. 



For further information, please contact:

Dovre Group Plc
Janne Mielck, CEO
Tel. +358 (0)20 436 2000
janne.mielck@dovregroup.com
www.dovregroup.com



Dovre Group is a global provider of project management services and software.
Dovre Group consists of three divisions: Project Personnel, Consulting, and
Software. In 2011, the Group's net sales were EUR 77 million. Dovre Group
employs over 400 people worldwide. Dovre Group is listed on the NASDAQ OMX
Helsinki (symbol: DOV1V). 



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