TIE Holding N.V. (“TIE”) reports that it will place 8.700.000 new shares following the conversion of Convertible Bonds.
The Convertible Bonds were issued on August 31, 2010. The Convertible Bonds with a price amount of EUR 870.000 in total, at a conversion price of 0.10, will now be converted into ordinary shares TIE Holding N.V.. The transaction will be completed next week. The total number of shares in issue following this placement will amount to 93.295.421.
Profile TIE
TIE (NYSE Euronext: TIE Holding) delivers innovative web centric, software based solutions that enable all trading partners in the supply chain to work seamlessly together on the major E-commerce processes of marketing, sales and fulfillment. With its TIE Kinetix concept, it provides a Total Integrated E-commerce process, embracing three innovative platforms for Business Integration (including e-invoicing, XML/EDI data synchronization), Content Syndication and E-commerce. The Total Integrated E-commerce solutions minimize the energy needed for a transaction lifecycle throughout the supply chain giving organizations the advantage to reduce cost and maximize revenue and profit.
TIE has more than two decades of experience in developing and implementing E commerce standards. TIE is a listed company with offices in the United States, Australia, France and the Netherlands.
Further information:
TIE Holding N.V.
Jan Sundelin, CEO
Antareslaan 22-24
2132 JE Hoofddorp
The Netherlands
T: +31-20-658 93 33
F: +31-20-658 90 01
E:
info@TIEHolding.com
W:
www.TIEHolding.com
Follow TIE Holding on Twitter:
twitter.com/tieholdingnv