News Article

CODA offer declared unconditional in all respects

 

26 February 2008

Sliedrecht, the Netherlands, 26 February 2008

It was announced on 31 January 2008 that the boards of CODA and Unit 4 Agresso had reached agreement on the terms of a recommended cash offer to be made by Agresso to acquire the entire issued and to be issued share capital of CODA for 205 pence per CODA Share in cash. The Offer Document setting out the full terms of the Offer was posted to CODA Shareholders on 4 February 2008.

Unit 4 Agresso announces that, as at 1:00 p.m. on 25 February 2008 (the First Closing Date of the Offer), it has received valid acceptances of the Offer, in respect of 68,589,964 CODA Shares, representing approximately 89.1 per cent of the CODA Shares to which the Offer relates.

The complete press release.pdf

For more information please contact:
Unit 4 Agresso N.V.
Edwin van Leeuwen CFO
T: +31 (0)184 444 444
F: +31 (0)184 444 463
E: Edwin.van.leeuwen@unit4agresso.com


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