Regarding offer from EG Holding A/S
Regarding offer from EG Holding A/S
July 1, 2010 at 4:59 PM CEST
The Board of Directors in Columbus IT Partner A/S has discussed the announcement published by EG Holding A/S on 30 June 2010 regarding decision to submit a voluntary acquisition offer to the shareholders of the company on 28 July 2010 at the latest. From the announcement it appears that the acquisition offer will be conditional on acceptance from shareholders representing at least 90% of the outstanding shares in Columbus IT Partner A/S, as the offer will lapse in case acceptance from shareholders representing the remaining 90% of the outstanding shares is not obtained. Consolidated Holdings A/S, which directly or indirectly controls app. 34% of the shares, has infor¬med the company that Consolidated Holdings A/S does not wish to sell the shares controlled by Consolidated Holdings A/S on the announced conditions. Against this background the Board of Directors in Columbus IT Partner A/S does not feel induced to take any more steps in that connec-tion at present, including entering into a discussion about the due diligence requested by EG Holding A/S. The Board of Directors will of course be obliged to publish a statement in pursuance of article 14 of the Danish executive order on takeover bids within the time limit, when and if an offer is published. Ib Kunøe Claus E. Hansen Chairman of the Board Chief Executive Officer Columbus IT Partner A/S Columbus IT Partner A/S Contact for further details: Claus E. Hansen, CEO T: (+45) 70 20 50 00. Translation: In the event of any inconsistency between this document and the Danish language version, the Danish language version shall be the governing version.