Aarhus, July 5, 2012, 2012-11-14 17:12 CET (GLOBE NEWSWIRE) --
This announcement follows on from the announcement that Trifork release of 2 March 2012 (2/2012).
Public Prosecutor for Serious Economic Crime has today indicted Trifork A/S and Trifork's CEO for violation of the Securities Trading Act provisions against market manipulation. The company is accused of market manipulation of serious character pursuant to the Securities Trading Act §39 paragraph 1; pursuant to §38 paragraph 1, 2 and 4; §94 paragraph 1, section 2; pursuant to §93 paragraph 6, see § 94 paragraph 2. Managing Director of the company Jørn Larsen is accused of market manipulation of serious character pursuant to the Securities Trading Act §39 paragraph 1, pursuant to §38 paragraph 1, 2 and 4, see §94 paragraph 1, 2nd section.
The indictment relates to trading in the company's share in a market maker agreement commissioned by Trifork A/S at the now defunct ebh bank A/S from 21 December 2007 until 28 December 2007, shortly after the company's IPO on 20 December 2007.
About Trifork
Trifork was founded in 1996 and is listed on NASDAQ OMX in Copenhagen. It is an innovative software development company focusing on Mobile, Agile and Cloud. It develops and delivers business critical IT systems for several sectors including finance, healthcare, government, manufacturing and telecom. Trifork employs 180 people in 7 offices in Aarhus, London, Copenhagen, Zürich, Amsterdam, Krakow, Stockholm and San Francisco. At the end of 2011 Trifork had a market value at almost DKKm 256 / EUR 34M, with a turnover of DKKm 175 / EUR 23M.
Kind regards,
Board of directors, Trifork A/S
Trifork A/S
Margrethepladsen
DK-8000 Århus C, Denmark
CVR-no. 20921897
ISIN DK0060102887
Shortname: TRIFOR
Phone: +45 8732 8787
Fax: +45 8732 8788
Contact:
Chairman of the Board, Johan Blach Petersen
Direct: +45 86 11 33 55
E-mail: jbp@jbp.dk