ISIN code
Exchange / Market
Euronext Access
Trading location
Products family
Computer Services
Activity description

The objective of the company:

Coordination of the activities of various subsidiaries in the field of providing computer services, especially the Internet.

Its main objective is the marketing, sale, rental and the maintenance of materials and computer software, the development of Internet sites, the sale of Internet subscriptions, for its own account or for the account of a third party, both in Belgium and abroad.

In general, all provision of services relating to computers and information technology, including in particular:
- Telephone assistance to help customers use computer systems, on both hardware and software levels.
- The rental and maintenance of a standard Internet site that will be accommodated on their own server.

It may carry out all generally ordinary operations, as well as securities, real estate, financial, commercial and industrial operations having a direct or indirect connection with its business activities or of nature to favour achievement and development.

The company may be interested by way of contributions, mergers, application for shares, limited partnership or any other way in all companies or Belgian or foreign operations whose purpose would be linked to its business activities, or would be useful for the development or improvement of its business, and it will take all measures to protect its rights.

Website address
Issuer website


IPO date
Fri 15/07/2005
IPO type

Fixed-price Offer

IPO price
8.00 euros
IPO type
Initial Public offering
Operation procedure

Conditions of the fixed-price offer (Centralisation by Euronext Brussels) Fixed-price: 8 euros A maximum of 190,000 shares made available to the market

Operation description

The shares offered in this public offering results from:

- A public subscription offer of a maximum of 95,000 new shares. The increase in capital giving rise to the issue of shares, which are the object of the public signature offer, was approved by the AGE on 16/06/2005 under the suspensive condition of the actual subscription of the new shares.

- A P.O.S (Public offer for Sale) of 95,000 existing shares. The sale of these 95,000 shares depends on the complete subscription of the 95,000 new shares.

- These shares will be distributed within the framework of a two-phased offer:

1) The Priority Offer: 50% of the securities offered within the context of the offer, that is, 95,000 shares, will be allocated to the bank Degroof, to be used first by the investors who would like to acquire shares within the framework of the offer through the direct intermediary of the bank Degroof. As soon as the total number of shares for which the orders are introduced legitimately reaches or exceeds this threshold, the Priority Offer can be closed early. Investors may participate in the Priority Offer for a greater number of shares, but their orders will be subjected to the same rules as the Non-Priority Offer for this surplus.

2) The Non-Priority Offer: 50% of the securities offered within the context of the offer, that is, 95,000 shares, will be allocated to the other financial establishments or intermediaries to whom investors may introduce purchase orders, or to the bank Degroof for orders which have been used within the framework of the Priority Offer once it has ended.

The final number of shares within the framework of the Priority Offer and the Non-Priority Offer may be adapted according to demand.

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 20 July 2005. The trading of shares on the NSC system will begin on 22 July 2005.

Operation calendar

- Date of approval of the prospectus by the CBFA: 21 June 2005 - Opening of the Priority Offer and the Non-Priority Offer: 23 June 2005 - Closing of the Priority Offer: as from 30 June 2005 at 15:30 p.m. (Early close) - Closing of the Priority Offer: 14 July 2005 (Without early close) - Introduction date: 15 July 2005 - Allocation of the shares: 15 July 2005 - Publication of the results by Euronext Brussels notice: 15 July 2005 in the evening - Payment Date: 20 July 2005 - Settlement-delivery date: 20 July 2005 - First trading date on NSC: 22 July 2005