PORTHUS
Identification
Porthus is a leading OnDemand IT solutions provider, enabling organizations to manage complex business processes across company boundaries. Porthus leverages innovative technologies and solutions to allow its customers to interact and conduct business with their clients, employees, public authorities and business partners, in a reliable, cost-effective and secure way. Porthus offers Professional Services, Managed Services and Software solutions in targeted markets in which Porthus acquired considerable knowledge and experience.
The company delivers its B2B OnDemand solutions to over 500 companies, covering customer locations throughout Europe and beyond.
Operation
Fixed Price Offer
Early close of the Offer at a fixed price The public subscription Offer on 769,230 PORTHUS new ordinary shares at a fixed price of EUR 9.75 was closed early as from Tuesday 24 October 2006. Trading of the shares After closing of the offer, a total of 769.230 new shares with Strips VVPR and the existing 1.452.918 ordinary shares will be listed on Alternext Brussels representing all of the existing shares of the company.
The shares offered in this public offering results from a public subscription offer of a maximum EUR 7.5 million new shares with strip VVPR and the offer in public auction of maximum EUR 1,125 million existing shares (over-allotment option). 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 EGM of 12.10.2006 under the suspend condition of the actual subscription of the new shares.
Centralisation will be executed by KBC Securities and Bank Degroof.
- Date of approval of the prospectus by the CBFA: 10 October 2006 - Opening of the Offer: 16 October 2006 - Closing of the Offer: 24 October 2006 - Allocation of the shares: 26 October 2006 - Publication of the results: 26 October 2006 - Payment date: 30 October 2006 - Settlement-delivery date: 30 October 2006 - 1st Trading date on NSC: 27 October 2006* * When Issued: according to the terms of the offering described in the prospectus, investors have to be aware that the offered shares must be delivered on 30 October 2006. Euronext Brussels has indicated that it will cancel all transactions realized on Alternext Brussels if the offered shares are not delivered on 30 October 2006. The attention of the public is drawn upon the fact that, from the first listing of the shares on Alternext Brussels and until 30 October 2006, it has to take into account the eventuality as described above for every operation that it intends to realise through Euronext or over the counter.
KBC Securities