Unit 4 will call an Extraordinary General Meeting of Shareholders related to the merger with Agresso on 23 January 2001 at Unit 4's head office, Stationspark 200 Sliedrecht, the Netherlands.
At this Meeting one of the items will be the proposal by the Supervisory Board for a two-for-one stock split of Unit 4's Ordinary Shares including denomination of the nominal value from Dutch Guilders into Euro. The stock split requires a change of the Articles of Association.
Unit 4 believes that this stock split will increase the availability of its shares, in particular for private shareholders.
Upon adoption of this proposal by the Extraordinary General Meeting of Shareholders, consummation is expected by the end of March 2001.
Currently, the number of outstanding shares Unit 4 is approximately 11.77 million. Following the split, the company will have approximately 23.55 million shares outstanding.
The complete agenda for the Extraordinary Meeting of Shareholders may be obtained from ABN AMRO Bank N.V., Effectenloket, Herengracht 595, Amsterdam (telephone: +31 20-628 3320, facsimile: +31 20-628 3646) Unit 4 will announce its detailed annual results of year 2000 on the 27th of March 2001 and Unit 4's annual report 2000 is planned to be available then also.
Sliedrecht, Tuesday 9 January 2001
For further information, please contact:
UNIT 4 N.V.
Mr. Chris Ouwinga, CEO
Telephone number: +31 184 444 444