Aldata Solution : BOARD RESOLUTION REGARDING STOCK OPTIONS DUE TO THE MANDATORY PUBLIC TENDER OFFER BY SYMPHONY TECHNOLOGY GROUP
08/15/2011| 01:35am US/Eastern
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Aldata Solution Oyj
STOCK EXCHANGE RELEASE
15 August 2011 at 8.30 a.m. (EET)
BOARD RESOLUTION REGARDING STOCK OPTIONS DUE TO THE MANDATORY PUBLIC TENDER OFFER BY SYMPHONY TECHNOLOGY GROUP
The Board of Directors of Aldata Solution Oyj (Aldata) has made the following resolutions in accordance with the terms and conditions of the Stock Option Schemes 2008A-F and 2008G due to the mandatory public tender offer by Symphony Technology II-A, L.P. (Symphony) published on 26 July 2011 (Tender Offer):
a) the share subscription period with respect to all outstanding stock options issued under Stock Option Scheme 2008A-F and Stock Option Scheme 2008G begins on 15 August 2011 and ends on 26 August 2011 irrespective of the provisions concerning the share subscription period set out in the relevant terms and conditions; and
b) all outstanding stock options issued under Stock Option Scheme 2008A-F and Stock Option Scheme 2008G may be freely transferred to Symphony in connection with the Tender Offer during the related tender offer period irrespective of possible restrictions regarding transferability set out in the relevant terms and conditions.
The above resolutions relate to the Tender Offer only and in case no stock options are exercised and/or transferred to Symphony within the time periods set out above the original terms and conditions of Stock Option Scheme 2008A-F and Stock Option Scheme 2008G will become valid and applicable in their current form with respect to all stock options. The terms and conditions of Stock Option Scheme 2008A-F and Stock Option Scheme 2008G remain in force and applicable in all other respects.
Helsinki, August 15, 2011
Aldata Solution Oyj
Board of Directors
Further information:
Pertti Ervi, Vice Chairman of the Board, +358 50 538 1410
About Aldata
Aldata is a global leader in retail and distribution optimization. Our software and service solutions help retailers, distributors and manufacturers dramatically improve their business performance. We optimize categories, space, supply, logistics, and consumer engagement to increase our customers' revenue and margins, reduce time, cost and waste, and enhance on-shelf availability, service, and retention.
Founded in 1988, Aldata has an unparalleled track record of delivering successful projects for the world's largest retail and consumer brands, national wholesale and distribution organizations, and regional store chains. Aldata Solution is a public company quoted on NASDAQ OMX Helsinki Ltd with the identifier ALD1V.
Discover more about Aldata's customers, our solutions, and the multi-skilled global team that supports them at www.aldata.com:
http://www.aldata.com/
Distribution:
NASDAQ OMX Helsinki Ltd
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Source: Aldata Solution Oyj via Thomson Reuters ONE
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