On 26 August 2008 Cidron IT A/S (”Cidron IT”), c/o NC Advisory A/S, Sankt Annæ Plads 11, 1250 København K, made a mandatory tender offer to the shareholders of EDB Gruppen A/S (”EDB Gruppen”). The offered price was DKK 166 per share with a nominal value of DKK 20 each. Referring to the Danish Securities Act §29 and the Danish Public Companies Act §28a it is announced that following the completion of the mandatory tender offer, Cidron IT will own a total of 3,285,409 shares corresponding to nominally DKK 65,708,180 in EDB Gruppen representing 90.3 % of the total share capital and voting rights in EDB Gruppen. A redemption of the remaining shareholders will be performed after which the company will be pursued delisted.
Cidron IT completes the mandatory tender offer to the shareholders of EDB Gruppen A/S
| Source: EDB Gruppen A/S