Framfab/Guide offer implemented
Framfab/Guide offer implemented Stockholm January 28, 2000 Framfab has therefore decided to implement the offer. At the expiration of the acceptance period, shareholders representing 97 percent of the share capital and 98 percent of the votes in Guide had accepted the offer. "I'm thrilled that the shareholders in Guide so positively have accepted the offer. Now we have a leading position in Europe and increased opportunities to follow clients internationally into their most important markets", says Jonas Birgersson, CEO Framfab. "We will immediately act as one company in order to meet the fast growing demand for full service solutions. A great force is released when combining knowledge in digital business solutions, with cutting edge competence in mobile services, that will change our every day life", says Johan de Verdier, CEO Guide and new VP Swedish Operations Framfab. Shares in Framfab will be delivered to those who have accepted the offer so far on or about February 10, 2000, after which trading in these may commence. Furthermore, Framfab has decided to extend the acceptance period for the offer up to and including February 10, 2000. Shareholders in Guide accepting the offer during the extended acceptance period will receive new Framfab shares on or about February 25, 2000. Framfab intends to initiate a compulsory acquisition process as soon as conditions for this are met. For more information please contact: Jonas Birgersson, CEO Framfab, +46 8 545 258 00, jonas.birgersson@framfab.se Johan de Verdier, CEO Guide, +46 70 684 00 94, johan@guide.se Ola Kallemur, Press Relations Manager Framfab, +46 8 545 258 21, +46 709 41 21 11, ola.kallemur@framfab.se, Niclas Lilja, Manager Investor Relations Framfab, +46 8 545 258 09, niclas.lilja@framfab.se, www.framfab.se, www.guide.se Framfab's business concept is to create new business for the network economy through digital and interactive services. Framfab today has more than 1 500 employees, divided among 29 offices in Borås, Cologne, Copenhagen, Gothenburg, Linköping, London, Lund, Malmö, Oslo, Palo Alto, Paris, Skövde, Stockholm, Sundsvall, Uppsala and Västerås. Among our clients are 3M, AstraZeneca, AXA, Electrolux, Ericsson, France Telecom, Ikea, International Red Cross, SAAB Group, Tele Danmark, Vattenfall, Volvo Car Corporation and Volvo Group. Framfab is listed on the Stockholm Stock Exchange "O" list (ticker FTID). ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/01/28/20000128BIT00100/bit0001.doc http://www.bit.se/bitonline/2000/01/28/20000128BIT00100/bit0002.pdf