Neuilly-sur-Seine, 22nd June 2009
FFP and three mutual funds managed by CDC Innovation informed Linedata Services that they did not wish to renew the Shareholder Pact(*) signed with Anvaraly Jiva, in association with other Linedata Services managers, which Pact shall expire on the 30th June 2009.
Indeed, FFP and the three mutual funds managed by CDC Innovation wished to recover their freedom to manage their investment. They will no longer act jointly with each other, nor with the subgroup formed by Anvaraly Jiva and the managers. They nevertheless expressed support to the current management.
Mr Jean-Philippe Peugeot, Vice President of FFP, shall continue his mandate within the Linedata Services Supervisory Board and remains a member of the Remuneration Committee, which was set up within this supervisory body.
Anvaraly Jiva and other managers, representing at least 29.38% of the share capital and 37.09% of voting rights, wish to maintain their joint action within Linedata Services beyond the 30th June 2009, and thus want to renew their pact. The market will be informed of the terms of this renewal.
About Linedata Services
Linedata Services is a major international provider of financial IT solutions that specializes in Asset Management, Employee Savings & Insurance and Leasing & Credit Finance. As a software solutions and services provider, Linedata Services offers global solutions tailored to the world of finance. The group recorded a turnover of €160.7 M in 2008. Linedata Services is listed on Euronext Paris (Segment C).
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Linedata Services – Denis Bley : +33 (0)1 47 77 68 39, email@example.com
(*) Decision and Information n° 207C1346 of the French Authority for Financial Markets of the 6th July 2007