Announcement no. 01/2009
To the NASDAQ OMX Copenhagen Copenhagen, March 25, 2009
Expected liquidation proceeds
At the Company's Extraordinary General Meeting held on December 11, 2008, it
was resolved to commence solvent liquidation of Curalogic A/S. On December 12,
2008, a three-month statutory claims filing period began, which expired on
March 12, 2008.
After the end of the statutory claims filing period and on the basis of the
recently completed sale of the Company's assets and the preliminary forecast of
the profit/loss for 2008, the liquidator currently expects that, assuming that
liquidation will take place at the end of April 2009, the liquidation proceeds
will be approximately DKK 284 million, equivalent to liquidation proceeds of
approximately DKK 4.75 per share.
It should be noted that this estimate is based on unaudited material, and the
estimate may therefore deviate from the final liquidation proceeds, which will
be determined when the liquidation accounts are available, expectedly in early
April 2009.
The liquidator expects to convene a general meeting to be held on April 23,
2009 at which the proposal for the final completion of the liquidation and
approval of the liquidation accounts will be on the agenda.
Yours sincerely,
Curalogic A/S in liquidation
For additional information, please contact:
Tomas Haagen Jensen, Attorney-at-Law, Liquidator Tel +45 33 41 41 92
Helle Busck Fensvig, EVP and CFO Tel +45 99 99 24 03
This announcement contains forward-looking statements regarding the company's
future financial development and performance and other statements which are not
historical facts. Such statements are made on the basis of assumptions and
expectations which, to the best of the company's knowledge and belief, are
reasonable, at this time, but may prove to be erroneous in the future.
Curalogic A/S in likvidation • c/o Gorrissen Federspiel Kierkegaard, H.C.
Andersens Boulevard 12, DK 1553 Copenhagen V, Phone +45 99 99 24 00 • Fax +45
99 99 24 24 • www.curalogic.com • CVR nr. 27 97 06 05
