- Getronics’ Extraordinary Shareholder Meeting (“EGM”) has voted in favour of the resolutions necessary for the financial restructuring plan, comprising of the invitation to tender announced by the Company at 10 January 2003
- In addition the ‘Reverse stock split’ was approved by the shareholders.
At the Extraordinary Shareholder Meeting (“EGM”) held on Monday 27 January 2003 by Getronics the EGM has voted in favour of the resolutions necessary for the financial restructuring comprising of an invitation to tender to holders of its two outstanding subordinated convertible bonds due April 2004 and March 2005 (together, the ‘Existing Bonds’). The invitation to tender was announced at 10 January 2003.
Such resolutions included the resolution to amend the articles of association allowing the invitation to tender to proceed and relating to the consolidation of 25 ordinary shares with a nominal value of EUR 0.04 into one ordinary share with a nominal value of EUR 1.00. This consolidation is expected to be effected from 6 February 2003.
About Getronics
With approximately 25,000 employees in over 30 countries, Getronics is one of the world’s leading providers of vendor independent solutions and services to professional users of Information and Communication Technology (ICT). Through consulting, integrating, implementing and managing Infrastructure Solutions and Business Solutions, Getronics helps many of the world’s largest global and local organisations to maximise the value of their technology investment and improve interaction with their customers. Getronics’ headquarters are in Amsterdam, with regional head offices in Boston and Singapore. Getronics’ shares are traded on Euronext Amsterdam (‘GTN’).
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Legal notice
This press release is not an offer of securities for sale in the United States or any other jurisdiction. The Existing Bonds, the new ordinary shares and the New Bonds have not been and will not be registered under the U.S. Securities Act of 1933, and may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offering of such securities in the United States.
This document is being distributed by the Company only to, and is directed at (a) persons outside the United Kingdom; (b) persons falling within Article 43 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (the “Order”); or (c) other persons to whom this announcement may lawfully be communicated in accordance with the Order (together, “relevant persons”). Only relevant persons may participate in the invitation to tender. Any person who is not a relevant person should not act or rely on this announcement or any of its contents.