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Linedata Services — Share Issue/Capital Change 2008
Nov 28, 2008
1483_rns_2008-11-28_38e943c9-cefb-4dbd-abc8-88b317c4bf5b.pdf
Share Issue/Capital Change
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Linedata Services capital reduced by 4.31% following cancellation of 505,790 treasury shares
Paris, 28 November 2008
At its 24 November 2008 meeting, the Linedata Services Executive Board, in accordance with the authorisation granted by the General Meeting of Shareholders held on 20 June 2008, decided to reduce Linedata Services' share capital from 28 November 2008 by cancelling 505,790 treasury shares, amounting to 4.31% of the total share capital.
The transaction will have an immediate accretive effect for all shareholders and is accounting-neutral on the Group's consolidated equity. Henceforth the share capital will comprise 11,224,621 shares.
The group notes that on 1 October 2008, the AMF (French markets authority) granted the shareholder concert party an exemption from the requirement to file a draft public offer because of the accretive effect on its shareholding. Following the transaction, the concert party will own 44.9% of the share capital and 58.6% of the voting right (based on shareholding on 15 November 2008).
Linedata Services will publish its turnover for 2008 on 10 February 2009 after close of the market.
About Linedata Services
Linedata Services is a major international provider of financial IT solutions that specializes in Asset Management and Leasing & Credit Finance. As a software solutions and services provider, Linedata Services offers global solutions tailored to the world of finance. Linedata Services is listed on Euronext Paris Segment B and in 2007 generated turnover of EUR 164.8 million.
ISIN FR0004156297-LIN Reuters LDSV.LN Bloomberg LIN:FP
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Linedata Services Thomas Hirsch: +33 (0)1 47 77 68 38, [email protected] Kaparca Finance Guillaume Le Floch: +33 (0)1 72 74 82 25, [email protected]