Trifork A/S
Announcement of the Mandatory Offer to shareholders of Trifork A/S

Trifork A/S 

18.02.2014 11:53

Dissemination of a Adhoc News, transmitted by DGAP - a company of EQS Group
AG.
The issuer is solely responsible for the content of this announcement.

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Message No. 09/2014

Aarhus, 2014-02-18 11:53 CET (GLOBE NEWSWIRE) -- 

Trifork A/S today has been informed as follows:


In accordance with the Danish FSA provisions order no. 221, as of March 10,
2010 on takeover offers, we hereby announce the result of Trifork Holding AG's
mandatory Offer to the shareholders of Trifork A/S, CVR-no: 20921897. 

The Offer-period, for Trifork A/S shareholders to accept the Offer of selling
their shares in Trifork A/S for either share-based or cash consideration,
expired on February 17, 2014. The result of the Offer is that shareholders
representing a total of 4,473,773 shares in Trifork A/S accepted the Offer.
This corresponds to 24.9% of the total share capital in Trifork A/S.
Shareholders representing 3,488,688 shares selected the share-based
consideration receiving new Trifork Holding AG shares and shareholders
representing 985,085 shares selected to receive the cash consideration of DKK
13,6 per share. 

Based on the results of the Offer, Trifork Holding AG announce that the company
after the final settlement, which is expected on February 24, 2014, will have a
total of 94.4% of the shares in Trifork A/S. 



Trifork Holding ownership in Trifork A/S      Shares    Ratio
Trifork A/S shares contributed by founders  12.035.826  66,9%
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Shares purchased on OMX after founding         490.000   2,7%
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Trifork A/S shareholders swapping            3.488.688  19,4%
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Shareholders selling for cash payment          985.085   5,5%
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Total                                       16.999.599  94,4%
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As previously announced a compulsory redemption of the remaining shares in
Trifork will be initiated after the final settlement, since Trifork Holding AG
will achieve more than 90% ownership of Trifork A/S. Further a delisting of
Trifork A/S from NASDAQ OMX Copenhagen will be initiated. 

Based on the results of the Offer the process of the final settlement is
started. The final settlement is expected to be completed as previously
announced on February 24, 2014 as soon as the capital increase is registered in
the Swiss commercial register and the new shares are issued through Sydbank and
VP Securities in Denmark. 

About Trifork

Trifork was founded in 1996 and is listed on NASDAQ OMX in Copenhagen. It is an
innovative software development company focusing on Mobile, Agile and Cloud. It
develops and delivers business critical IT systems for several sectors
including finance, healthcare, government, manufacturing and telecom. Trifork
employs 265 people in 12 offices in Aarhus, Copenhagen, Esbjerg, London,
Zürich, Amsterdam, Krakow, Budapest, Stockholm and San Francisco. At the end of
2012 Trifork had a market value at DKKm 243 / EUR 33M, with a turnover in 2012
of DKKm 223 / EURm 30. 



Kind regards,

Board of directors, Trifork A/S



Trifork A/S

Margrethepladsen

DK-8000 Århus C, Denmark

CVR-no. 20921897

ISIN DK0060102887

Shortname: TRIFOR

Phone: +45 8732 8787

Fax: +45 8732 8788

Contact:

CEO, Jørn Larsen

Direct: +41 79 430 9697

E-mail: jla@trifork.com
News Source: NASDAQ OMX



18.02.2014 DGAP's Distribution Services include Regulatory Announcements,
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Language:     English
Company:      Trifork A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0060102887
WKN:          
 
End of Announcement                             DGAP News-Service
 
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