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Schibsted: Schibsted ASA (SCH) – Allotment of shares in connection with performance based share acquisition programme

July 28, 2010 By vani Leave a Comment

Schibsted has allotted shares to participants in the Group’s performance based share
acquisition programme for 2010.

In the new share acquisition programme, each participant is granted a defined Basic
amount, which is a fixed per cent of the basic salary. 1/3 of the Basic amount, after
tax, must be used to acquire Schibsted shares. These shares are now allotted to the
participants in the programme.

The rest, up to 2/3 of the amount, must be earned over a three years period. It will
only be earned in full if certain financial results in the individual business unit are
reached.

Please find attached overview of the number of shares allotted to primary insiders
through pay out of the share acquisition programme’s Basic amount and their total
holding of shares.

For further details of Schibsted’s performance based share acquisition programme, please
refer to the stock exchange notice dated 20 April 2010 and Declaration regarding the
determination of salary and other remuneration to managers, published the same day.

Oslo, 27 July 2010

SCHIBSTED ASA

Jo Christian Steigedal

VP Investor Relations

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian
Securities Trading Act)

Filed Under: International News Tagged With: 20 april, acquisition, allotment, asa, business unit, Disclosure Requirements, insiders, oslo, participant, participants, Remuneration, salary, sch, Schibsted, Securities Trading Act, shares, stock exchange, Vp Investor Relations

Hafslund: HNA/HNB – Mandatory notification of trade

July 21, 2010 By vani Leave a Comment

Chief Financial Officer, Finn Bjørn Ruyter, has 19 July bought 3,000 shares of class A
at a price of NOK 59.50 in Hafslund ASA. After this, Mr Ruyter owns 5,000 A-shares in
Hafslund ASA.

Hafslund ASA

Oslo, 20 July 2010

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian
Securities Trading Act)

Filed Under: International News Tagged With: 19 july, chief financial officer, Disclosure Requirements, Finn, Hafslund Asa, Hna, Mandatory Notification, oslo, Ruyter, Securities Trading Act, shares

BRIEF-REC sees H2 EBITDA growth, risks as subsidies fade

July 21, 2010 By vani Leave a Comment

July 20 (Reuters) – Renewable Energy Corp (REC.OL): * Saw strong overall demand for all products in Q2

* EBITDA expected to increase throughout Q3 and Q4

* Overall cell and module production expected to increase in H2 2010

* Expects wafer production to increase by 70 pct in 2010 vs 2009

* Estimates for silane gas sales to market revised down to 2,200 mt in 2010

* Sees significant risks to solar market, particularly near end 2010, as subsidies fade

(Reporting by Oslo newsroom)

Filed Under: International News Tagged With: Ebitda Growth, Energy Corp, estimates, newsroom, oslo, pct, q3, renewable energy, reuters, subsidies, Wafer Production

Sevan Marine ASA: USD 200 Million Bond Completed

July 20, 2010 By vani Leave a Comment

Reference is made to the announcement dated July 12 regarding a bond of USD 200 million to be issued by Sevan Marine ASA. The bond was completed on Friday July 16 and was oversubscribed. It was placed with Norwegian and international professional investors. The bond will have a term of 5 years and will carry an interest rate of 12.00% (USD tranche) /13.25% (NOK tranche).

The net proceeds from the issue will be employed (i) to refinance the existing USD 135 million ‘SEVAN03′ debt in full, (ii) to acquire the 20% stake in the FPSO Sevan Hummingbird from Centrica Energy Upstream so as to become the 100% owner of the FPSO, and (iii) for general corporate purposes.

FPSO Sevan Hummingbird has been operating for Centrica Energy Upstream since September 2008 under a fixed 2.5 year contract with extension options for up to 7 years.

First Securities AS and Pareto Securities AS acted as advisors to Sevan Marine ASA.

The information in this announcement is subject to the disclosure requirements of the
Norwegian Securities Trading Act section 5-12 and/or the Oslo Børs – Continuing
Obligations.

Sevan Marine ASA is specializing in owning, operating and licensing FPSOs and drilling
units, based on its patented cylindrical floater technology. Sevan Marine ASA is listed
on Oslo Børs with ticker SEVAN. For more information, please refer to
http://www.sevanmarine.com//. http://www.sevanmarine.com/

For further information, please contact:

Jan Erik Tveteraas, CEO, Sevan Marine ASA (Media)
+47 37404000 office
+47 95214925 mobile

Birte Norheim, VP Finance, Sevan Marine ASA (Analysts)
+47 37404201 office
+47 95293321 mobile

Filed Under: International News Tagged With: Act Section, asa, Centrica, corporate purposes, Disclosure Requirements, Drilling Units, Extension Options, floater, Fpsos, hummingbird, interest rate, Jan Erik, Net Proceeds, oslo, Professional Investors, Securities Trading Act, Sevan Marine, stake, usd 200, Vp Finance

Sevan Marine ASA: USD 200 Million Bond Completed

July 20, 2010 By vani Leave a Comment

FPSO Sevan Hummingbird has been operating for Centrica Energy Upstream since September 2008 under a fixed 2.5 year contract with extension options for up to 7 years.

First Securities AS and Pareto Securities AS acted as advisors to Sevan Marine ASA.

The information in this announcement is subject to the disclosure requirements of the
Norwegian Securities Trading Act section 5-12 and/or the Oslo Børs – Continuing
Obligations.

For further information, please contact:

Jan Erik Tveteraas, CEO, Sevan Marine ASA (Media)
+47 37404000 office
+47 95214925 mobile

Birte Norheim, VP Finance, Sevan Marine ASA (Analysts)
+47 37404201 office
+47 95293321 mobile

Sevan Marine ASA: USD 200 Million Bond Completed

July 20, 2010 By vani Leave a Comment

FPSO Sevan Hummingbird has been operating for Centrica Energy Upstream since September 2008 under a fixed 2.5 year contract with extension options for up to 7 years.

First Securities AS and Pareto Securities AS acted as advisors to Sevan Marine ASA.

The information in this announcement is subject to the disclosure requirements of the
Norwegian Securities Trading Act section 5-12 and/or the Oslo Børs – Continuing
Obligations.

For further information, please contact:

Jan Erik Tveteraas, CEO, Sevan Marine ASA (Media)
+47 37404000 office
+47 95214925 mobile

Birte Norheim, VP Finance, Sevan Marine ASA (Analysts)
+47 37404201 office
+47 95293321 mobile

BRIEF-Fred. Olsen Energy sees new contracts for rigs

July 16, 2010 By vani Leave a Comment

July 15 (Reuters) – Fred. Olsen Energy (FOE.OL) says:

* Expects to secure short-term contracts for 2 rigs going off contract in Q3/Q4

* Says not directly exposed to Gulf of Mexico drilling ban

(Reporting by Oslo newsroom)

Filed Under: International News Tagged With: foe, Fred Olsen, Gulf Of Mexico, newsroom, oslo, q3, q4, reuters, Term Contracts

Veidekke ASA: The Narvesen building at Ensjø to become apartments

July 14, 2010 By vani Leave a Comment

Veidekke Eiendom is to redevelop the old Narvesen building at Ensjø into 81 attractive
apartments across 14 storeys. It is Veidekke Entreprenør who will be responsible for the
redevelopment, and the project will be completed in the third quarter of 2011. The
commencement of the development entails that Oslo municipality will initiate the
development of the Tiedeman park area next to the project.

Veidekke Eiendom acquired the former headquarters of Narvesen in 2006. Following a
planning and regulation period, the sale of apartments started in November. The
apartments in Marienfryd, which is the name of the project, have a total sale value of
NOK 265 million. “The project has been well-received in the market. Now 50% of the
apartments have been sold, and we will initiate construction work,” says project
developer Knut Ørn Collett of Veidekke Eiendom.

“A number of families with small children have bought apartments in the project. These
have bought relatively large flats in the NOK 4 million price range. We believe that
this is due to the flats being spacious with good layouts, direct access to major park
areas, a central location near Lille Tøyen Hageby and a short distance from the centre
of Oslo. There is also a communal roof terrace and a fabulous view of Oslo,” concludes
Collett.

An extensive plan has been prepared for public spaces in the area, including the
Tiedeman park. Streams will be opened up, high voltage cables will be laid underground,
grass lots will be prepared for football and other activities and new paths will be
established. 6000 new dwellings are planned for the area and all developers pay a
contribution based on the area they are developing to Oslo municipality for
infrastructure and parks.

See more information on the project at http://marienfryd.no/ http://marienfryd.no/

For more information please contact:

Project developer Knut Ørn Collett, tel. +47 21 05 75 50 / +47 99 53 09 36,
knut.collett@veidekke.no mailto:knut.collett@veidekke.no
Communications Manager Helge Dieset, tel. +47 21 05 77 91 / +47 90 55 33 22,
helge.dieset@veidekke.no mailto:helge.dieset@veidekke.no

Veidekke ASA is a leading Scandinavian building contractor and property developer with
6,000 employees and turnover of NOK 15.6 billion (2009). The group is listed on the Oslo
Stock Exchange and has a dispersed ownership structure with the employees owning 19.3 %
of the stock. The business spans a wide spectrum of building and construction projects,
developing housing and commercial buildings for private and public sector clients,
asphalt plants and road maintenance as well as collecting and recycling waste.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian
Securities Trading Act)

Filed Under: International News Tagged With: asa, Attractive Apartments, central location, collett, construction work, Contact Project, direct access, dwellings, Eiendom, Fabulous View, High Voltage Cables, Municipality, Narvesen, oslo, Park Areas, Park Streams, Project Developer, public spaces, Storeys, Veidekke

SAS says to boost Scandinavian flights due demand

July 14, 2010 By vani Leave a Comment

July 13 (Reuters) – Loss-making airline SAS (SAS.ST) said on Tuesday that it would increase flights on some Scandinavian routes due to strong demand.

SAS was badly hit by the global downturn and has had to slash costs and raise cash via a rights issue. But the airline was upbeat about its home markets

“Apart from the fact that we have planes which are record full, we also see a positive development in our Scandinavian network…,” SAS commercial chief Robin Kamark said in a statement.

“SAS will raise the number of depatures in the autumn within Scandinavia due to strong demand,” the company added. The new flights would come on the Stockholm-Copenhagen and Stockholm-Oslo routes. (Reporting by Patrick Lannin)

Filed Under: International News Tagged With: airline, autumn, copenhagen, Depatures, flights, global downturn, Home Markets, oslo, planes, reuters, sas, Scandinavia, Scandinavian Network, slash, Stockholm

SpareBank 1 SMN: SpareBank 1 SMN, SpareBank 1 Nord-Norge, SpareBank 1 SR-Bank and SpareBank 1 Gruppen are presenting the accounts for 2nd quarter 2010.

July 13, 2010 By vani Leave a Comment

Time: Wedensday 11th of August at 0400 pm

Place: Shippingklubben, Haakon VII’s gate 1, Oslo

The presentations held by:

SpareBank 1 Nord-Norge:CEO Hans Olav Karde

SpareBank 1 SMN: CEO Finn Haugan

SpareBank 1 SR-Bank: CEO Terje Vareberg and CFO Inge Reinertsen

SpareBank 1 Gruppen AS: CEO Kirsten Idebøen

After the presentation there will be a boat trip on the fjord with “Christiania”. The
departure is from Rådhusbryggen around 0700 pm. Returns at approximately at 1000 pm

For participation to the presentation and the boat trip please reply to Inger Årsvoll
Tuxen, inger.tuxen@sr-bank.no mailto:inger.tuxen@sr-bank.no or tlf +47 51 50 95 51
by Friday 6th of August 2010.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian
Securities Trading Act)

Filed Under: International News Tagged With: bank ceo, boat trip, cfo, Disclosure Requirements, Finn, fjord, Gate 1, Haakon Vii, Haugan, Kirsten, norge, Olav, oslo, participation, Reinertsen, reply, Securities Trading Act, SMN, Sparebank 1 Sr Bank, Terje

Scorpion gets new CEO, CFO after Seadrill offer

July 10, 2010 By vani Leave a Comment

July 9 (Reuters) – The top management of rig firm Scorpion Offshore (SCORE.OL) has been replaced in the wake of an offer by Seadrill (SDRL.OL) for its shares.

In May, rig firm Seadrill outbid rival Ensco International (ESV.N) for the control of the Oslo-listed owner of jack-up drilling rigs. [ID:nLDE64R0P5]

John C. Cole, Scorpion’s President and CEO, and Mark L. Mey, the firm’s Vice-President and CFO, have tendered their resignations and are no longer with the company, Scorpion said in a statement.

“The resignations are in connection with the pending mandatory offer issued by Seadrill to acquire the shares of Scorpion,” the firm said late on Thursday.

They will be replaced by Tim Juran, who becomes President and CEO, and Rune Magnus Lundetrae as Vice-President and CFO. Both are employed by Seadrill.

Seadrill currently owns 50.11 percent of Scorpion Offshore’s shares after a bidding war with Ensco International. (Reporting by Gwladys Fouche; Editing by Michael Urquhart)

Filed Under: International News Tagged With: bidding war, cfo, Drilling Rigs, John C Cole, Juran, magnus, offshore, oslo, President Ceo, resignations, reuters, rig, rune, score, Scorpion, Sdrl, Seadrill, top management, urquhart, vice president

Statoil says production at Troll field normal

July 7, 2010 By vani Leave a Comment

July 6 (Reuters) – Norwegian oil and gas group Statoil (STL.OL) said on Tuesday production at its Troll field in the North Sea was normal.

“There is nothing to report today. It’s normal,” a spokeswoman said.

Gas flows into Britain from Norway’s Langeled gas pipeline fell to 17 million cubic metres (mcm) a day at 0653 GMT on Tuesday, down from around 58 mcm/day overnight, according to National Grid data.

(Reporting by Oslo newsroom)

Filed Under: International News Tagged With: cubic metres, Gas Flows, Gas Group, Gas Pipeline, gmt, Grid Data, Mcm, national grid, newsroom, North Sea, Norway, Norwegian Oil, oil and gas, oslo, reuters, spokeswoman, statoil, Stl, Troll

Gassco says has no limitations in gas network

July 7, 2010 By vani Leave a Comment

July 6 (Reuters) – There were no limitations in Gassco’s network for transporting gas from Norway on Tuesday, the pipeline operator said.

“There are no problems in our transportation system,” a spokeswoman said.

(Reporting by Oslo newsroom)

Filed Under: International News Tagged With: cubic metres, Gas Flows, Gas Pipeline, gmt, Grid Data, national grid, newsroom, Norway, oslo, Pipeline Operator, reuters, spokeswoman, Transportation System

Norsk Hydro: Last trading day for subscription rights in the rights issue

July 7, 2010 By vani Leave a Comment

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED
STATES, AUSTRALIA, CANADA OR JAPAN

The period for trading in subscription rights (NHY T) in the rights issue of Norsk Hydro
ASA expires at 17:30 hours (Oslo time) today, July 6, 2010.

Any subscription right not sold prior to 17:30 hours (Oslo time) on July 6, 2010 or used
to subscribe for new shares in the rights issue before the end of the subscription
period will lapse and cease to carry any value. The subscription period in the rights
issue will continue until July 9, 2010 at 17:30 hours (Oslo time).

Investor contact
Contact Stian Hasle
Cellular +47 97736022
E-mail Stian.Hasle@hydro.com mailto:Stefan.Solberg@hydro.com

*********
This announcement is not an offer for sale of securities in the United States or any
other country. The securities referred to herein have not been registered under the U.S.
Securities Act of 1933, as amended (the “U.S. Securities Act”), and may not be sold in
the United States absent registration or pursuant to an exemption from registration
under the U.S. Securities Act. Hydro does not intend to register any portion of the
offering of the securities in the United States or to conduct a public offering of the
securities in the United States. Any offering of securities will be made by means of a
prospectus that may be obtained from Hydro and that will contain detailed information
about the company and management, as well as financial statements. Copies of this
announcement are not being made and may not be distributed or sent into the United
States, Canada, Australia, Japan or any other jurisdiction in which such distribution
would be unlawful or would require registration or other measures.

In any EEA Member State that has implemented Directive 2003/71/EC (together with any
applicable implementing measures in any member State, the “Prospectus Directive”), this
communication is only addressed to and is only directed at qualified investors in that
Member State within the meaning of the Prospectus Directive.

This announcement is only directed at (a) persons who are outside the United Kingdom; or
(b) investment professionals within the meaning of Article 19 of the Financial Services
and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (c) persons
falling within Article 49(2)(a) to (d) of the Order; or (d) persons to whom any
invitation or inducement to engage in investment activity can be communicated in
circumstances where Section 21(1) of the Financial Services and Markets Act 2000 does
not apply.

Certain statements included within this announcement contain forward-looking
information, including, without limitation, those relating to (a) forecasts, projections
and estimates, (b) statements of management’s plans, objectives and strategies for
Hydro, such as planned expansions, investments or other projects, (c) targeted
production volumes and costs, capacities or rates, start-up costs, cost reductions and
profit objectives, (d) various expectations about future developments in Hydro’s
markets, particularly prices, supply and demand and competition, (e) results of
operations, (f) margins, (g) growth rates, (h) risk management, as well as (i)
statements preceded by “expected”, “scheduled”, “targeted”, “planned”, “proposed”,
“intended” or similar statements.

Although we believe that the expectations reflected in such forward-looking statements
are reasonable, these forward-looking statements are based on a number of assumptions
and forecasts that, by their nature, involve risk and uncertainty. Various factors
could cause our actual results to differ materially from those projected in a
forward-looking statement or affect the extent to which a particular projection is
realized. Factors that could cause these differences include, but are not limited to:
our continued ability to reposition and restructure our upstream and downstream
aluminium business; changes in availability and cost of energy and raw materials; global
supply and demand for aluminium and aluminium products; world economic growth, including
rates of inflation and industrial production; changes in the relative value of
currencies and the value of commodity contracts; trends in Hydro’s key markets and
competition; and legislative, regulatory and political factors.

No assurance can be given that such expectations will prove to have been correct. Hydro
disclaims any obligation to update or revise any forward-looking statements, whether as
a result of new information, future events or otherwise.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian
Securities Trading Act)

Filed Under: International News Tagged With: Australia Canada, canada australia, dissemination, e-mail, ec, Eea Member State, Financial Statements, News Wire, Norsk Hydro, Norsk Hydro Asa, oslo, prospectus, Public Offering, securities act of 1933, solberg, Subscription Period, Subscription Rights, Time Investor, time today, u s news

Gas flows to UK via Langeled fall to 16 mcm/day

July 7, 2010 By vani Leave a Comment

July 6 (Reuters) – Gas flows into Britain from Norway’s Langeled gas pipeline fell to 16 million cubic metres (mcm) a day at 0522 GMT on Tuesday, down from around 58 mcm/day overnight, according to National Grid data.

(Reporting by Oslo newsroom)

Filed Under: International News Tagged With: cubic metres, Gas Pipeline, gmt, Grid Data, Mcm, national grid, newsroom, Norway, oslo, reuters

Eidsiva Rederi ASA: EID: NEW EMPLOYMENT CONTRACTS FOR TWO VESSELS

July 6, 2010 By vani Leave a Comment

The current time charter for the vessel M/V Hyundai 202 has been extended for a period
up to 1 June 2011.

Eidsiva Rederi ASA currently owns 56,5% of M/V Hyundai 202, and will after the business
combination with Dyvi Shipping AS increase the ownership to 59,5%.

Further, the vessel M/V Hyundai 203 has been fixed on a 12/13 months time charter
starting in August 2010. The vessel is 51 % owned by Eidsiva Rederi ASA.

Charterer for both vessels is Sallaum Lines, and we consider the charter rates to be
satisfactory under current market conditions.

Oslo, 5 July 2010
Eidsiva Rederi ASA

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian
Securities Trading Act)

Filed Under: International News Tagged With: asa, business combination, Charter Rates, Charterer, current market, Current Time, Disclosure Requirements, eid, Eidsiva, Employment Contracts, hyundai, oslo, Securities Trading Act, shipping, Time Charter

BRIEF-Statoil to supply natural gas to Poweo plant

June 26, 2010 By vani Leave a Comment

June 25 (Reuters) – Norwegian oil and gas group Statoil (STL.OL) said:

Energy

* Signed 20-year agreement for supply of natural gas to Poweo (ALPWO.PA) plant

* To deliver gas from Oct 2012 to projected 400 MW power plant in Toul, France

(Reporting by Oslo newsroom)

Filed Under: International News Tagged With: Gas Group, Mw Power Plant, natural gas, newsroom, Norwegian Oil, Oil & Gas, oil and gas, oslo, reuters, statoil, Stl, Toul France

Yara International ASA: Program for the publication of Yara International ASA’s second quarter results 2010

June 26, 2010 By vani Leave a Comment

Yara International ASA’s second quarter 2010 results will be released on Friday 16 July
2010. The results will be available at www.yara.com http://www.yara.com/ and in the
reception at Bygdøy allé 2, Oslo from 08:00 CEST.

The results will be presented at 09:30 CEST by President and CEO Jørgen Ole Haslestad
and CFO Hallgeir Storvik. The presentation will take place in the Auditorium in Bygdøy
allé 2 and will be webcast at

www.yara.com

. The presentation will be held in English.

There will also be an English conference call in the afternoon with an opportunity to
ask questions to Yara’s CEO and CFO at 14:00 CEST the same day.

European dial-in number+44 20 7162 0025 – conference id: 869215

US dial-in number +1 334 323 6201 – conference id: 869215

Up to two weeks after the call, you may listen to the replay by calling:

+44 20 7031 4064, code 869215 or

+1 954 334 0342, code 869215 or

+47 21 50 12 92, code 869215.

If you wish to attend the presentation in Oslo, please confirm with an e-mail
toir@yara.com mailto:ir@yara.com before 15 July 2010.

If you wish to be deleted from our invitation/mailing lists or if you have a colleague
who would like to be on our lists, please inform us via e-mail to the same address.

Yours faithfully

for Yara International ASA

Torgeir Kvidal

Senior Vice President Investor Relations

(sign.)

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian
Securities Trading Act)

Filed Under: International News Tagged With: acc, ceo, colleague, conference call, conference id, Disclosure Requirements, e-mail, Investor Relations, invitation, Mail Address, Mailto, Number 1, Number 44, oslo, presentation, Quarter Results, replay, Securities Trading Act, senior vice president, Yara International Asa

Norway c.bank offers two liquidity F-loans

June 23, 2010 By vani Leave a Comment

June 22 (Reuters) – Norway’s central bank offered two liquidity loans, called “F-loans”, for June 24-28 and June 24-July 5 to participants in the Norwegian money market.

F-loans are the bank’s main tool for liquidity management.

(Reporting by Oslo newsroom)

Filed Under: International News Tagged With: bank loans, June 24, Liquidity Management, Money Loans, money market, newsroom, Norway, norwegian, oslo, participants, reuters, s central, Tool Management

Inmeta ASA: INM – Inmeta kjøper lønnsomt konsulentselskap med 56 ansatte

June 23, 2010 By vani Leave a Comment

(Oslo 22. juni 2010) Inmeta ASA har i dag inngått en aksjekjøpsavtale for overtakelse av
IT-konsulentselskapet Visiti. Visiti er et lønnsomt og anerkjent selskap i Norge med
fokus på bransjekunnskap og spisskompetanse, sammen med langsiktige og gode
kunderelasjoner. Kjøpet er betinget av gjennomføring av due diligence med et
tilfredsstillende resultat for Inmeta. Transaksjonen forventes og gjennomføres med
regnskapsmessig effekt fra 1. september 2010. Oppkjøpet kommer i tillegg til inngåtte
intensjonsavtale av 27. mai 2010 om kjøp av IT-konsulentselskapet Osiris.

Om transaksjonen

Inmeta kjøper 100 prosent av de utestående aksjene i Visiti AS, som igjen eier 51
prosent i datterselskapet Esito AS. Den totale kjøpesummen er MNOK 34,0 som gjøres opp i
kontanter, eventuelt en kombinasjon av kontanter og aksjer i Inmeta.

Av kjøpesummen betales MNOK 22,7 i kontanter, mens det resterende beløpet på MNOK 11,3
betales med kontanter eller alternativt med aksjer i Inmeta, hvor Inmeta kan bestemme
andelen i aksjer.

Inmetas kontantutlegg på overtagelsestidspunktet finansieres gjennom bruk av oppkjøpsfasilitet i Nordea Bank. En mulig betaling i Inmeta aksjer skjer i utgangspunktet ved aksjer fra Inmeta ASAs egen aksjebeholdning.

Om aksjekjøpsavtalen

Partene har inngått en detaljert aksjekjøpsavtale på ordinære vilkår for denne type
transaksjoner. Som angitt ovenfor er gjennomføringen av transaksjonen betinget av at
Inmeta gjennomfører en tilfredsstillende due diligence av Visiti.

Om Visiti

Visiti er et konsulentselskap med 45 ansatte, med kontor på Lysaker utenfor Oslo.
Selskapet dyrker bransjekunnskap og teknologisk spisskompetanse innen offentlig og
finansiell sektor. Visiti leverer et bredt spekter av tjenester på ulike
kompetansemessige områder innen rådgivning, systemutvikling, samhandling og
prosjektledelse. Visiti leverer løsninger og tjenester som bidrar til at
kundene/bedriftene bruker teknologi mer effektivt. Kundegrunnlaget er anerkjente
virksomheter innen offentlig sektor og private selskaper med særlig vekt på finansiell
sektor. Kundeporteføljen har vært stabil gjennom en årrekke.

Esito AS er eid 51 prosent av Visiti. Resterende aksjer er eid av de ansatte. Esito har
11 ansatte. Esito leverer tjenester og produkter relatert til moduldrevet utvikling, og
understøtter kundenes målsetning om lavere kostnader og bedre kvalitet i utvikling og
vedlikehold av sine applikasjoner. Det har historisk vært noe samhandling mellom Visiti
og Esitos kunder.

Administrerende direktør i Visiti AS er Kim Petersen. Selskapet ble formelt etablert i
2009, men har i en årrekke vært en selvstendig divisjon i Software Innovation konsernet.
Esito AS ble formelt etablert i 2005.

Selskapet overtas med en normalisert arbeidskapital, og uten netto finansiell gjeld.
Selskapet hadde i 2009 proforma driftsinntekter på MNOK 75,7. Proforma EBITDA i 2009 var
på MNOK 9,0 og resultat før skatt var på MNOK 4,9.

VISITI AS ESITO AS
MNOK 2009* 2009 proforma 2007 2008 2009
Driftsinntekter 62,9 75,7 8,5 9,6 10,6
EBITDA 7,6 9,0 1,7 0,7 0,4
EBIT 4,5 4,9 1,6 0,7 0,4
EK 34,8 34,8 2,9 3,5 3,9
Total Balanse 52,6 52,6 5,8 6,5 7,1
* drift fra 2. mars 2009 (10 mnd.)

Nåværende eiere av Visiti AS er Software Innovation AS.

Ledelse:

Visiti

Kim Petersen, Adm. Dir.

Esito

Mette Wam, Daglig leder (konstituert)

Styret:

Visiti:

Helge Lundefaret, Styreleder

Gustav Sannem, Styremedlem

Esito:

Kim Petersen, Styreleder

Gustav Sannem, Styremedlem

Dag Bøyesen, Styremedlem

Begrunnelse for oppkjøpet

Inmeta følger sin vekststrategi innen strategiske områder, og Inmeta har de siste årene
styrket sin markedsposisjon innen konsulentområdet. Inmeta er godt posisjonert med
rammeavtaler og sterk seniorprofil. Selskapet har videre en solid kundeportefølje
gjennom lisensområdet som gir en god mulighet for et bredere salg til kundene. Inmeta
ser økte industrielle og finansielle muligheter i et styrket og utvidet konsern. Inmeta
vil etter overtagelsen, og forutsatt fullføring av det kommuniserte oppkjøpet av
konsulentselskapet Osiris, forvente å ha omlag 170 ansatte innen virksomhetsområdet
Inmeta Consulting. Visiti passer godt inn i Inmeta Consulting.

- Visiti er et tradisjonsrikt miljø, som har utviklet nære kunderelasjoner over lang
tid. Selskapet har levert solide løsninger og prosjekter til kunder som bruker teknologi
på en avansert måte. Deres storekundefokus og kompetanseområder gir Inmeta en økt bredde
i leveransedimensjonen, og det forventes at dette vil styrke Inmeta ytterligere mot
nøkkelkundene. Visiti er spesielt sterke på Microsoft .net og Microsoft Sharepoint. De
har videre et solid miljø innen Java teknologi og det vil komplettere Inmeta på en god
måte. Visiti tilfører nye kunder for Inmeta, spesielt innen det offentlige og det gir
Inmeta en ny bransjedimensjon. Vi ser samtidig at deres kompetanse passer godt inn mot
de kunder og prosjekter vi betjener, og vi forventer gode markedsmessige synergier, sier
Jarl Øverby Konsernsjef i Inmeta ASA.

Visti vil bli integrert i Inmetas Consulting og vil inngå i det utvidede
leveranseapparatet som Inmeta tilbyr store og mellomstore foretak.

Kontaktpersoner
Konsernsjef Jarl Øverby, Inmeta ASA. Tlf +47 98 21 70 09

Om Inmeta ASA
Inmeta ASA består av de to virksomhetsområdene Inmeta Licensing og Inmeta Consulting.
Inmeta Licensing selger til, og bistår store og mellomstore kunder i deres anskaffelse
av programlisenser. Kundegruppen kjennetegnes av en kompleks lisenssammensetning hvor
Inmeta Licensing er en rådgivende partner som sikrer at kundene har avtaler som er
kommersielt riktige og fornuftige.

Inmeta Consulting leverer IT-konsulenttjenester primært til store og mellomstore
virksomheter. Tjenestene fokuserer på infrastruktur, prosjektledelse, business
intelligence og ulike former for systemleveranser.

Forutsatt gjennomføring av de to oppkjøpene som er kommunisert i mai og juni har Inmeta
over 220 ansatte i Skandinavia, alle med lang erfaring og kompetanse innen Inmetas
forretningsområder. Inmeta omsatte i 2009 for 444,3 millioner kroner, og hadde et EBITDA
resultat på 39,8 millioner kroner.

Inmeta ASA er notert på Oslo Børs (ticker er INM).

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian
Securities Trading Act)

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