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Torp Computing Group ASA

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7<br />

INFORMATION MEMORANDUM<br />

Merger of Komplett <strong>ASA</strong> and <strong>Torp</strong> <strong>Computing</strong> <strong>Group</strong> <strong>ASA</strong><br />

1.6 Share capital<br />

Komplett’s registered share capital before the Merger is NOK 13,258,400.00 divided into<br />

13,258,400 shares each with a nominal value of NOK 1.00, fully paid.<br />

100% of the consideration to the shareholders in TCG shall be settled with new shares in Komplett<br />

(0.336134 new shares in Komplett for each share in TCG). If the Merger is completed, the share<br />

capital of Komplett will hence be increased with NOK 3,501,118 through the issuance of 3,501,118<br />

new shares, each with a nominal value of NOK 1.00, resulting in a share capital in the Merged<br />

Company of NOK 16,759,518, consisting of 16,759,518 shares, each with a nominal value of NOK<br />

1.00.<br />

The new shares will be issued upon completion of the Merger, which is expected to take place<br />

ultimo December 2007.<br />

1.7 Summary of Risk Factors<br />

Please revert to section 2 "Risk Factors" below for relevant risk factors, summarised in the<br />

following:<br />

Risks related to the Merged Company and the industry in which it operates:<br />

• Market development<br />

• Competitive industry<br />

• Risk of price erosion<br />

• Managing and funding growth<br />

• Entry into new markets<br />

• Technological risk<br />

• Risks regarding start up of new systems/ technology in operation<br />

• Limitation of deliveries and vendors production capacity<br />

• Technical problems or other defects relating to the products being sold and claims arising<br />

thereby<br />

• Dependence on executive management and certain key personnel<br />

• Dependence on and loss of employees<br />

• Dependence on third parties<br />

• Dependence on intellectual property and proprietary rights (IPR)<br />

• Risks associated with international operations<br />

• Foreign exchange risk<br />

Risks related to the Merger<br />

• The integration process<br />

• Reduced influence of shareholders<br />

• The completion of the Merger<br />

Risks related to the Merged Company’s shares<br />

• Future dilution of shareholders<br />

• Pre-emptive rights may not be available to U.S. holders of the Shares<br />

• Risk for US investors

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