| Following the annual general meeting of the Company on 18 April 2011, where among other things a capital increase through a directed issue whereby NetBooster S.A. subscribes for minimum 60 million new shares (corresponding to nominally DKK 6 million.) and maximum 200 million new shares (corresponding to nominally DKK 20 million.) at a price of DKK 0.15 per share of DKK 0.10 was resolved, NetBooster S.A. has on 29 April 2011 subscribed for 130 million new shares (corresponding to nominally DKK 13 million) at a total cash price of DKK 19.5 million. |
| Following the capital increase NetBooster S.A. owns 445,410,519 shares in the Company, equivalent to 89.62% of the total share capital of Guava A/S and 90.33% of the share capital after deduction of Guava A/S' own shares. |
| NetBooster S.A. has informed the company that a compulsory redemption of the remaining minority shares in accordance with Section 70 of the Danish Companies Act is expected to be initiated in the coming week by publication of a notice. The compulsory redemption will be implemented at a price of DKK 0.15 per share of DKK 0.10. Following such decision on mandatory redemption, NASDAQ OMX will be requested that the company’s shares are no longer admitted to trading on First North. |
Yours sincerely
Guava A/S
Nils Carlsson Pascal Chevalier
CEO Chairman
Inquiries can be directed to:
Guava A/S Crowe Horwath (Certified Adviser)
Amaliegade 3-5 Strandvejen 58
DK-1256 København K DK-2900 Hellerup
Nils Carlsson Søren Jonassen / Thomas Viscovich
Group Chief Executive Officer State Authorised Public Accountant
Tlf.: +46 766447700 Tlf.: 39 29 25 00
Mail: ir@guava.com Mail: s.jonassen@revisor.com
t.viscovich@revisor.com