JCE holds 41.8% in Cybercom and closes the Offer
This is an unauthorised translation of the Swedish press release. In case of any discrepancies between the different versions, the Swedish version shall prevail.
This press release is not and may not, directly or indirectly, be distributed or made public in the United States of America, Australia, Japan or Canada or any other country where such distribution requires registration or any other measures than those required by Swedish law. The Offer is not being made to persons in those jurisdictions or elsewhere, whose participation requires further documentation, filings or other measures in addition to those required by Swedish law.
On 2 October 2006, JCE Group AB ("JCE") announced a public offer to the shareholders of Cybercom Group Europe AB ("Cybercom") to tender all shares to JCE for SEK 38 per share in cash (the "Offer"). On 23 November 2006, JCE completed the Offer and declared it unconditional. At the end of the extended acceptance period for the Offer on 12 December 2006, shareholders holding 3 353 412 shares in Cybercom, representing approximately 27.2 percent of the capital and the votes, had accepted the Offer.
At the announcement of the Offer, JCE held 1 784 945 shares in Cybercom representing approximately 14.5 percent of the capital and the votes. Thereafter, JCE has acquired 6 600 shares separately from the Offer, representing approximately 0.1 percent of the capital and the votes. Together with the received acceptances, JCE holds 5 144 957 shares in Cybercom representing approximately 41.8 percent of the capital and the votes in Cybercom.
There will be no further extension of the acceptance period, and thus the Offer is closed. For shareholders who have accepted the Offer during the extended acceptance period, settlement will commence around 19 December 2006.
Through a separate press release, JCE has today announced the outcome of the offer to the shareholders of Semcon AB and that the offer has been closed.
Gothenburg, 13 December 2006
JCE Group AB
The Board
For further information, please contact:
CEO, Consafe IT AB: Per Edlund
Phone: +46 (0) 8 792 95 00
Mobile: +46 (0) 708 28 93 56
Chairman of the board and CEO, JCE Group AB: J Christer Ericsson
Phone: +46 (0) 31 759 55 00
Mobile: +46 (0) 708 19 91 30