Guava A/S has since its announcement on 1 February 2010 negotiated with its
banks. Guava has been assisted by NetBooster S.A. in the negotiations.
As a result of these negotiations Netbooster S.A. has purchased Capinordic
Bank's claim against Guava A/S of approximately DKK 20 million.
In addition, Guava's two other banks, Skjern Bank and Sydbank, have accepted to
provide Guava with respite. Thus, Guava shall not be obliged to make repayments
of principal until 1 July 2011 and payments of interest until September 2010.
The respite offered by the banks is conditional upon NetBooster S.A.'s claim
against Guava being converted into equity and NetBooster S.A. subscribing
additional share capital for cash as soon as possible and no later than 1 April
2010. Guava has therefore today called for an extraordinary general meeting
(see separate notice) to be held on 25 February 2010 at 2 pm. The proposals for
the extraordinary general meeting include the above capital increases directed
at NetBooster S.A, which capital increases will be subscribed at a rate of DKK
0.145 per share of DKK 0.1.
Guava A/S believes that the adoption of the proposals for the extraordinary
general meeting on 25 February 2010 will resolve the liquidity issues of Guava
A/S.
With kind regards
Guava A/S
Nils Carlsson Ole Sigetty
Group Chief Executive Officer Chairman
Further information can be obtained by contacting the following persons:
Guava A/S Horwath Revisorerne (Certified Adviser)
Amaliegade 3-5 Strandvejen 58
DK-1256 København K DK-2900 Hellerup
Nils Carlsson Søren Jonassen / Thomas Viscovich
GroupChief Executive Officer State Authorised Public Accountant
Tlf.: 70 27 80 89 Tlf.: 39 29 25 00
Mail: ir@guava.com Mail: s.jonassen@revisor.com
t.viscovich@revisor.com