Public offer to Graphisoft shareholders now completed successfully

 

Munich/Budapest, March 22, 2007 – After completion of the public offer submitted to the Graphisoft shareholders, Nemetschek now owns 90.6 percent of the shares of Graphisoft SE (ISIN HU0000080767). The offer was well received, as expected, after endorsement by the Graphisoft management on February 1, 2007. Shareholders transferred 3.85 million shares during the acceptance period. This represents 36.3 percent of the total 10.6 million Graphisoft shares. Nemetschek now has 93.7 percent of the voting rights in Graphisoft SE.

Nemetschek has already had a majority interest of 54.3 percent in Graphisoft since December 31, 2006. Due to legal regulations, Nemetschek submitted a public takeover offer on the same terms (2.273 HUF per share, which corresponds to 9 euros per share) for the Graphisoft shareholders. The offer ran from February 4 to March 21, 2007. The purchase price will be paid within 5 business days. The trading agents for the transaction are WestLB Hungaria Zrt. and Erste Befektetesi Zrt. (member of Erste Bank group), while Rein and Partners Freshfields Bruckhaus Deringer acted as the legal advisor for the transaction.