, December 16, 2011

Rights issue Ordina: 86% of rights exercised

Ordina successfully closes rights issue


  • Subscription to 20,587,749 new ordinary shares by exercise of rights; 
  • Private placement of 13,202,759 million new ordinary shares of Project Holland Fonds; 
  • Gross proceeds of the transactions (rights issue and private placement) total EUR 34.5 million.

Ordina N.V. announces that it, regarding the 7 to 16 rights issue of up to 23,937,026 new ordinary shares in the capital of Ordina N.V., with a nominal value of EUR 0.10 each (the Offer Shares) at an issue price of EUR 0.93 (the Issue Price) for each Offer Share, has received subscriptions for 20,587,749 Offer Shares by the exercise of transferable subscription entitlements (the Rights). This means that approximately 86% of the maximum number of shares available was subscribed for.

Remaining Offer Shares

The period in which the Rights could be exercised (the Exercise Period), ended at 16:00, Central European Time (CET) on 16 December. Today, Project Holland Deelnemingen B.V. (Project Holland Fonds) will subscribe to 3,349,277 Offer Shares which have not been subscribed for by the exercise of Rights during the Exercise Period (Remaining Offer Shares).

Private placement

Today, Ordina also issues 13,202,759 new ordinary shares in the capital of Ordina N.V. to Project Holland Fonds (the Private Placement), at the Issue Price (EUR 0.93). After closing of the rights issue and the Private Placement, Project Holland Fonds holds a stake of 24.6% in Ordina N.V.


Granting of the Offer Shares is expected today, 16 December 2011. Issue, payment and delivery of the Offer Shares, including the Remaining Offer Shares and the new ordinary shares in the Private Placement are expected on 22 December 2011 (baring other announcements). Ordina expects that the listing and the commencement of trading of the Offer Shares and the new ordinary shares in the Private Placement on Euronext Amsterdam will also take place on 22 December 2011.


ING acts as Sole Global Coordinator in the rights issue.

Further information

For further details on the rights issue, referral is made to the Prospectus dated 2 December 2011, which is available (for Dutch citizens only) through the websites of Ordina N.V. (, Euronext Amsterdam N.V. ( and AFM (

About Ordina

Ordina is a specialist knowledge provider. Our coherent offering of consulting, ICT and application outsourcing services helps lay the foundation for our clients’ future success. Ordina assists clients in achieving their strategic targets, and resolving social and ethical issues. Our knowledge of the local market and business processes, combined with our inventive approach to ICT solutions, enables clients to boost their competitive ability and their strength. Our professionals, who work in multidisciplinary teams, forge close ties with clients. We provide our services in the Benelux to organisations operating in finance, the public sector, healthcare and industry. Ordina N.V. was incorporated in 1973. Its shares are listed on Amsterdam's Euronext Stock Exchange, where they are included in the Midkap Index.

More information

Ordina N.V.
Pieter Schaffels, Director of Corporate Communications & Investor Relations
Tel: +31 (0)30 663 7402

In case of any discrepancies between this version and the original Dutch version, the Dutch version prevails.

This document contains pronouncements forecasting the future financial performance of Ordina N.V. and outlines specific plans, targets and ambitions based on current insights. Obviously, such forecasts are not without risk; they entail a relative degree of uncertainty since no guarantees exist on future circumstances. There are many factors that could potentially affect the actual performance and forecasts, causing them to deviate from the situation described in this document. Such factors include: general economic trends, the pace of the globalisation of the consulting, ICT and application outsourcing markets, the growing number of projects with bottom-line responsibility, scarcity on the labour market, and future acquisitions and disposals.

These materials are not for release, distribution or publication, whether directly or indirectly and whether in whole or in part, into or in the United States, Australia, Canada, or Japan.

These materials are for information purposes only and are not intended to constitute, and should not be construed as, an offer to sell or a solicitation of any offer to buy the securities of Ordina N.V. (the "Issuer", and such securities, the "Securities") in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of such jurisdiction.

The Securities are not and will not be registered under the U.S. Securities Act of 1933, as amended (the "US Securities Act") and will also not be registered with any authority competent with respect to securities in any state or other jurisdiction of the United States of America. The Securities may not be offered or sold in the United States of America without either registration of the securities or an exemption from registration under the US Securities Act being applicable. The Company has registered no part of the offering of the Securities in the United States of America or any other jurisdiction, nor has it the intention to do so. The Company has no intention to make a public offering of Securities in the United States.

The Issuer has not authorised any offer to the public of Securities in any Member State of the European Economic Area other than the Netherlands. With respect to any Member State of the European Economic Area, other than the Netherlands, and which has implemented the Prospectus Directive (each a "Relevant Member State"), no action has been undertaken or will be undertaken to make an offer to the public of Securities requiring publication of a prospectus in any Relevant Member State. As a result, the Securities may only be offered in Relevant Member States (i) to any legal entity which is a qualified investor as defined in the Prospectus Directive; or (ii) in any other circumstances falling within Article 3(2) of the Prospectus Directive. For the purpose of this paragraph, the expression "offer of securities to the public" means the communication in any form and by any means of sufficient information on the terms of the offer and the Securities to be offered so as to enable the investor to decide to exercise, purchase or subscribe for the securities, as the same may be varied in that Member State by any measure implementing the Prospectus Directive in that Member State and the expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including Directive 2010/73/EU, to the extent implemented in the Relevant Member State), and includes any relevant implementing measure in the Relevant Member State.

No action has been taken by the Issuer that would permit an offer of Securities or the possession or distribution of these materials or any other offering or publicity material relating to such Securities in any jurisdiction where action for that purpose is required.

The release, publication or distribution of these materials in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which they are released, published or distributed, should inform themselves about, and observe, such restrictions.

An offer to acquire Securities pursuant to the proposed offering will be made, and any investor should make his investment, solely on the basis of information that will be contained in the prospectus to be made generally available in the Netherlands in connection with such offering. When made generally available, copies of the prospectus may be obtained at no cost from the Issuer, ING Bank N.V. ("ING") or through the website of Euronext Amsterdam and/or the Issuer.

ING exclusively acts for the Issuer and no-one else in connection with any offering of Securities and will not be responsible to anyone other than the Issuer for providing the protections afforded to the customers of ING or for providing advice in relation to any offering or any transaction or arrangement referred to herein.