Capital increase at Columbus IT Partner A/S
Capital increase at Columbus IT Partner A/S
June 4, 2003 at 12:00 AM CEST
Stock Exchange Release no. 9 - Capital increase at Columbus IT Partner A/S 3rd June 2003 Columbus IT Partner A/S - Quintus Bastion - Krudtløbsvej - DK-1439 Copenhagen K T: (+45) 7020 5000 - F: (+45) 7025 0701 CVR No.: 13 22 83 45 1/7 Stock Exchange Release no. 9/2003 Capital increase at Columbus IT Partner A/S On 6th June 2003, Columbus IT Partner A/S will be issuing a Prospectus covering the previously notified rights issue. Shareholders are being offered the right to subscribe for four new shares for each existing share. The issue price has been set at DKK 3 per share. 75% of the offering is underwritten. The purpose of the rights issue is to reconstitute Columbus IT Partner's share capital in whole or in part, mainly by reducing the Company's debt to Gaardboe Holding and Nordea Bank and hence strengthen the Company's capital base. Anticipated timetable Rights issue open for trading: 16 - 27 June 2003 Rights transferred to shareholders' accounts at Danish Securities Center: 18 June 2003 Subscription period: 19 June - 2 July 2003 First listing day for new shares: 8 July 2003 This release is not an invitation to subscribe for shares but to read the Prospectus, a full version of which is being sent to all registered shareholders. Niels Heering Carsten Dilling Chairman of the Board Chief Executive Officer Columbus IT Partner A/S Columbus IT Partner A/S For further details, please contact: CEO Carsten Dilling or Business Development Executive Jan Bitterhoff. Tel.: (+45) 70 20 50 00.