English version - Hexagon Composites ASA

COMROD COMMUNICATION ASA – LISTING ON THE OSLO STOCK EXCHANGE
13 DEFINITIONS
Board:
Board or Board of Directors:
CHF:
Communication Business:
The board of directors of Comrod Communication ASA
The board of directors of Comrod
Swiss franc, the lawful currency of Switzerland
Comrod AS including all subsidiaries and assets owned by the company
Company: Comrod Communication ASA, org. no. 900 295 697
Completion Date:
Composite Business:
Comrod AS:
Comrod Companies:
Comrod:
Demerger:
Demerger Plan
EBIT:
EBITDA:
Effective Date:
EGM:
ERP:
EUR:
Fidulerc S.A.:
First Securities:
GBP:
GMDSS:
Hexagon Companies:
The date on which the Demerger will be consummated, expected to occur on or about
19 January 2007
Hexagon Composites excluding Comrod AS and its subsidiaries
Subsidiary of Hexagon Composites ASA to be transferred with all its assets from
Hexagon to Comrod Communication ASA in connection with the Demerger
described in this Prospectus.
Comrod Communications ASA and subsidiaries following the Demerger
Comrod Communication ASA
The proposed demerger of Comrod from Hexagon, to be effected as set out in the
Demerger Plan
The plan of demerger of Comrod, dated 29 September 2006, which governs the terms
of the demerger.
Earnings before interest and taxes.
Earnings before interest, taxes, depreciation and amortization.
1 January 2007; the date on which the Demerger shall take effect for tax and
financial statements purposes.
Extraordinary shareholders meeting
Enterprise Resource Planning, a common abbreviation for software systems for
finance and operations management
Euro, the lawful currency within most EU countries
French company with registration no. B 410 954 499, subsidiary of Comrod AS
First Securities ASA.
British pound sterling, the lawful currency of the UK
General Marine Distress system at sea
Hexagon Composites ASA and subsidiaries following the Demerger
Hexagon: Hexagon Composites ASA, org.no. 938 992 185
HF:
IFRS:
Integrator
Lerc or Lerc SA:
LOS:
Management:
Manager:
MEUR:
High Frequency
International Financing Reporting Standards
The Integrator is typical, a large engineering Company that has the turnkey
contracts/installations of a communication platform. They install, test and verify that
the system functions are as expected and according to ordered specifications.
Examples of this are General Dynamics and Thales Group.
Laboratoire d’Etudes et de Recherrches Chimiques (LERC) SA, company located in
France with registration no. B 542 087 044, subsidiary of Fidulerc S.A.
Line of Sight (wireless communication)
The management team of Comrod
First Securities ASA
Million Euro
103