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2007-07-05 08:00:00 CEST 2007-07-05 08:00:00 CEST REGULATED INFORMATION Affecto Oyj - Company AnnouncementCHANGE IN COMPONENT SOFTWARE DIVIDEND AND OFFER PRICEAFFECTO PLC STOCK EXCHANGE RELEASE 5 JULY 2007 at 09:00 Finnish time CHANGE IN COMPONENT SOFTWARE DIVIDEND AND OFFER PRICE Related to Affecto's intention to make a public tender offer for Component Software Group ASA, Affecto and Component Software have agreed to change the Combination Agreement of 11 June 2007 in such a way, that Component Software will not pay dividend. Component Software and Affecto have agreed that Component Software shall not distribute dividend, which was agreed to amount to NOK 1.82 per share. Correspondingly the cash consideration component paid by Affecto is increased by 1.82 NOK per share, from 38.21 NOK to 40.03 NOK. Share consideration component will not change. The total offered consideration for one Component Software share will be 65.50 NOK (instead of 63.68 NOK consideration + 1.82 NOK dividend as originally agreed in Combination Agreement). The consideration comprises 40.03 NOK in cash and 0.81063 Affecto shares corresponding to 25.47 NOK (based on agreed value of 31.42 NOK per Affecto share). The total consideration received by Component Software shareholders remains the same. From Affecto perspective, the change has no impact on goodwill or net debt of the combined entity. Component Software's cash resources are as much larger as the acquisition price increases. The public tender offer, being prepared by Affecto, is estimated to be launched during July. AFFECTO PLC Pekka Eloholma CEO Additional information: Pekka Eloholma, CEO, tel. +358 205 777 737 Hannu Nyman, SVP M&A, tel. +358 205 777 761 |
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