Birkeroed, Denmark, 2010-12-17 17:11 CET (GLOBE NEWSWIRE) --
Announcement No. 30-2010
17 December 2010
Capital increase registered
Referring to Announcement No. 29 of 14 December 2010 involving the conversion of a convertible loan and the resulting resolution for a capital increase of 1,516,096 shares for a total nominal value of DKK 7,580,480, Netop Solutions hereby announces that the capital increase has now been registered with the Danish Commerce and Companies Agency.
The new shares are issued pursuant to and in accordance with the terms provided in article 4a of the articles of association. Accordingly, the subscription price of the new shares will be DKK 8.54 per share with a nominal value of DKK 5, and the new shares will rank pari passu with the company’s existing shares.
Application will be made as soon as possible to have the new shares admitted for listing on NASDAQ OMX Copenhagen.
The share capital was DKK 24,370,540 prior to registration of the capital increase and consisted of 4,874,108 shares each with a nominal value of DKK 5. After the capital increase, the share capital has a nominal value of DKK 31,951,020, consisting of 6,390,204 shares each with a nominal value of DKK 5.
In addition, the company’s amended articles of association are now available.
Contact
Kurt Bager (CEO)
Tel: +45 45 90 25 25
E-mail: kgb@netop.com
About Netop Solutions A/S
Netop develops and sells software solutions enabling swift, stable and secure transfer of video, screen images, sound and data over the Internet. The company has three core business areas: Administration, Education and Communication. Netop’s unique and cost-saving Administration solutions makes work easier for IT professionals through secure remote control solutions. Netop’s market-leading Education solutions for classroom management and corporate e-learning help students and teachers achieve optimum results through virtual teaching. Netop’s Communication solutions allow customers, business partners and colleagues to meet easily and safely in virtual space through chat, video or voice over the Internet. Netop has about 140 employees and subsidiaries in the USA, the UK, Romania and Switzerland. The company sells its solutions to public and private sector customers in more than 80 countries. Netop Solutions A/S is listed on NASDAQ OMX Copenhagen. Netop generated revenue of DKK 85m in 2009. For more information, go to www.netop.com.
Kurt Bager (CEO)
Tel: +45 45 90 25 25
E-mail: kgb@netop.com
