DE ROUCK GEO (D)
Identification
LELEUX ASSOCIATED BROKERS
De Rouck Geomatics is created pursuant to the merger of the company De Rouck, since 1928 the Belgian market leader in cartography on paper support and on electronic carriers, with among other products and services resulting from the use of new technologies for positioning (GPS-systems, digitised cartographic databases) and the company Geomatics, since 2003 active in management systems for car fleets, systems for the positioning of individual employees, mobile phone and web applications for geo-positioning.
De Rouck Geomatics positions itself in the new activities of private and professional geo-positioning, which are generating strong growth and high margins.
Operation
Fixed Price Offer
Trading of the shares After the closing of the fixed-price offer, a maximum of 1,388,900 shares shall be listed on Alternext™ Brussels representing all of the existing shares of the company. Subscription of the new shares is not guaranteed. Consequently, trading of the new shares shall take place after the delivery of the certificate by the depositary and the trading of the new shares shall begin on the NSC system on 10 July 2006. Request for listing Euronext Brussels also received an application for listing on Alternext™ Brussels of: - maximum 41,667 new ordinary shares, which could be issued following the exercise of 41.667 warrants granted to the staff.
The shares offered in this public offering results from a public subscription offer of a maximum of 500,000 new shares and an offer by public auction of maximum 50.000 existing shares (resulting from the overallotment option) at a fixed price of EUR 9.00 per share. The increase in capital giving rise to the issue of shares, which are the object of this public subscription offer, was approved by the Board, and grounded on a decision taken by the General Shareholders’meeting of 09.06.2006 under the suspensive condition of the actual subscription of the new shares.
Centralisation will be executed by Leleux Associated Brokers.
PM: The Offer can be closed earlier by decision of Leleux Associated Brokers upon agreement of the company De Rouck Geomatics as soon as the total number of shares for which the orders are introduced legitimately reaches or exceeds the number of offered shares.
Such early closing will be announced by the way of a notice published in the press and on the website of Leleux Associated Brokers and the company.
PM: Nevertheless, the Offer will remain open at least during 5 working days.
There are no guarantees with regard to the issue of new shares. Consequently,
- The increase in capital will be limited to the amount of actually subscribed shares.
- Trading on the new securities will occur after the depository certificate has been issued, after the settlement-delivery date on 7 July 2006. The trading of shares on the NSC system will begin on 10 July 2006.
- Date of approval of the prospectus by the CBFA: 13 June 2006 - Opening of the Offer: 19 June 2006 - Closing of the Offer: 30 June 2006 - Allocation of the shares: 4 July 2006 - Publication of the results: 6 July 2006 - Payment Date: 7 July 2006 - Settlement-delivery date: 7 July 2006 - First trading date on NSC: 10 July 2006
LELEUX ASSOCIATED BROKERS