Tecnomen Corporation STOCK EXCHANGE RELEASE
29 October 2004 at 2.00 pm
TECNOMEN CORPORATION DISPOSES OF ITS SHARES
Tecnomen Corporation has disposed of some of its own shares as
consideration in a transaction in which Tecnomen Corporation purchased
the entire share stock of Krocus Communications Oy on 23 April 2003.
Krocus Communications Oy merged with Tecnomen Corporation on 30
November 2003. The disposal of the companys shares is based on the
authorisation given by the Annual General Meeting of Shareholders on
24 March 2004.
The value of the shares disposed of is based on the value stated in
the contract for the acquisition of Krocus Communications Oy
(1 euro/share). These shares account for 0.23% of the entire share
stock of Tecnomen Corporation.
Disposal of the companys own shares:
Date: 29 October 2004
Share transaction: Disposal of shares outside of the stock exchange
Number of shares: 132,000
The number of the companys shares held by Tecnomen after this
disposal is 268,000.
President and CEO
Ms Kristiina Hoppu, Director, Legal Affairs & Human Resources,
tel. +358 9 8047 8310, email@example.com
Tecnotree is a global provider of IT solutions for the management of services, products, customers and revenue for Communications Service Providers. Tecnotree helps customers to monetise and transform their business towards a marketplace of digital services. Together with its customers, Tecnotree empowers people to self-serve, engage and take control of their own digital life.
Tecnotree is listed on Nasdaq Helsinki (TEM1V). For more information, please visit www.tecnotree.com.