Identification

Symbol
TET
ISIN code
BE0003886067
Exchange / Market
Euronext Access
Trading location
Brussels
ICB
Real Estate Holding&Development
Website address
http://www.tetrys.be
Issuer website
http://www.tetrys.be

Operation

IPO date
Mon 09/06/2008
IPO type

Fixed Price Offer

IPO price
4.62 euros
IPO type
Initial Public offering
Catégorie
IPO
Operation procedure

Conditions of the fixed-price offer (Centralization by Euronext Brussels) - Fixed-price: 4.62 euros per share and 1,025 euros per bond. - A maximum of 166,400 shares and 1,250 bonds are made available to the market. Result of the fixed-price offer The result of the offer shall be published in a notice on 03/06/2008 giving details, in particular the percentage of reduction that may have been applied to orders, as well as the conditions in which the trading on 09/06/2008 shall be pursued, subject to the realisation of the increase of capital and unther condition of the effective subscription of the bonds-issue. Trading of the shares After the closing of the fixed-price offer, a maximum of 666,400 shares and a maximum of 1,250 bonds shall be listed on the Free Market of Euronext Brussels representing all of the existing shares of the company. Subscription of the new shares and new bonds is not guaranteed. Consequently, trading of the new shares and new bonds 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 09/06/2008. Request for listing Euronext Brussels also received an application for listing on the Free Market of Euronext Brussels of maximum 33,000 new ordinary shares, which could be issued following the exercise of 33,000 warrants issued following the decision of the company Tetrys during the EGM of 18 March 2008. Listing of bonds As of 09/06/2008, bonds below issued by TETRYS will be listed on the Free Market. (Ie notice for details). Listing of the VVPR Strips issued by TETRYS Euronext Brussels announces that, from 09/06/2008, the VVPR strips described below issued by TETRYS will be listed on Free Market. (Ie notice for details).

Operation description

The shares offered in this public offering results from a double public subscription offer of a maximum of 166,400 new shares and a public subscription of maxiumum 1,250 new bonds. The increase in capital giving rise to the issue of shares, which are the object of the public offer, was approved by the EGSM on 18 March 2008 under the suspensive condition of the actual subscription of the new shares. The issue of the bonds, was approved by the EGSM on 18 March 2008 under the suspensive condition of the issue of the bonds.

The offer consists of an offer of 166,400 ordinary shares and an offer of 1,250 bonds. Each offer begins at 19 March 2008 until 30/05/2008 5pm included, except in case of earlyer close or the extention of the bid. Each offer will be closed earlyer by Kaupting, in consultation with Tetrys, as soon as the total number of offered shares or bonds for wich vallid orders are introduced, is reached. This earlyer close or the decision the extend the Offer will be announced by Euronext by means of the publication of a notice in the financial newspapers and also on the website of Tetrys. The earlyer close of the Offer can take place at the earliest on the third day following the opening of the Offer.

Operation calendar

- Date of approval of the prospectus by the CBFA: 11/03/2008 - Opening of the Offer: 19/03/2008 - Closing of the Offer: 30/05/2008 - Centralization date: 02/06/2008 - Publication of the results by Euronext Brussels notice: 03/06/2008 - Payment and settlement-Delivery date: 05/06/2008 - First trading date on NSC: 09/06/2008

Broker to issue

SMALL CAPS FINANCE (SCF)