Cybercom partially finances acquisition of auSystems in Sweden, Denmark and Poland via rights issue


2007-08-30, 15:00
Not for release in the United States of America, Australia, Japan, New Zeeland or Canada. The rights issue is not available to persons whose participation would require further prospectus, registration or other measures than those stipulated by Swedish law. Cybercom’s board decided to implement a share issue that gives shareholders the right to subscribe for 4 new shares for every 5 existing shares in Cybercom. The subscription price is SEK 37 per share. At most, 9,948,605 shares will be issued. The issue will inject a maximum of around SEK 368 million into the company, before issue expenses.

In April 2007, Cybercom acquired auSystems’ operations in Sweden, Denmark and Poland, in line with its growth strategy and goal to become more attractive as a large-capacity supplier. In 2006, the acquired operations reported about SEK 754 million in revenue and SEK 60 million in operating profit (excluding restructuring and allocated group-wide expenses). With the acquired operations, Cybercom is building a new, leading consultancy within telecom, Internet, and media (TIM).

Participants at the 8 May 2007 AGM authorised Cybercom’s board to decide on a preferential rights share issue for Cybercom’s shareholders. The purpose is to partially finance the purchase of auSystems’ operations in Sweden, Denmark and Poland. The board decided to carry out a new share issue in which shareholders may subscribe for 4 new shares for every 5 existing shares in Cybercom. The subscription price is SEK 37 per share. At most, 9,948,605 shares will be issued. The issue will inject a maximum of around SEK 368 million into the company, before issue expenses.

JCE Group, the principal shareholder, agreed to subscribe for its allotment, i.e., 41.4 per cent of the new share issue. In addition, owners with holdings of 13.4 per cent of the share capital indicated that they support the share issue decision. Shares not subscribed for using preferential rights will first be offered to those who subscribed for shares in the new share issue using subscription rights, in relation to the number of shares subscribed for.

Share issue schedule, in brief:
• 3 September 2007: last trading day for the Cybercom share, including the right to participate in the issue.
• 6 September 2007: day of record for new-share-issue participation.
• 10 September 2007: new-share-issue prospectus published.
• 11-24 September 2007: subscription period.
• 11-19 September 2007: trading with subscription rights.

For questions regarding the share issue, please call Nordea +46 8 678 04 40.

For further information, please contact:
Patrik Boman, president and CEO, Cybercom Group +46 73 983 89 79
Per Jonsson, CFO +46 70 770 46 22
Patrik Anshelm, acting IR manager +46 70 971 12 84
Kristina Svensson, corporate communications director +46 70 864 47 02

Note: This is information Cybercom is required to make public as per the Securities and Clearing Operations Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 30 August at 3 PM.

About Cybercom
The Cybercom Group is a high-tech consultancy that offers global sourcing for end-to-end solutions. The Group established itself as a world-class supplier in these segments: portals, mobile solutions, embedded systems, e-commerce, and business support systems. Thanks to its extensive industry and operations experience, Cybercom can offer strategic and technological expertise to these markets: telecom, Internet, and media (TIM); banking and financial services; automotive; defence; and the public sector. The Group employs about 1,300 persons and runs projects worldwide. Cybercom has offices in Denmark, India, Poland, Singapore, Sweden, and the UK. Since 1999, Cybercom’s share has been quoted on the OMX Nordic Exchange. Find out more at: www.cybercomgroup.com

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