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euro adhoc: Catalis N.V.
Mergers - Acquisitions - Takeovers
Catalis N.V.: Convertible bond to finance acquisition

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
30.09.2005
Eindhoven, September 30, 2005 - Catalis N.V. is currently in advanced
negotiations to acquire a competitor and management is confident to
close the transaction in due course. Following the transaction
Catalis N.V. targets revenues of between euro 9 million and euro 11
million and profits of between euro 2.5 million and euro 3.5 million
for the year 2006. As part of the transaction Catalis expects
significant synergies in particular based on complementary client
bases, know-how and technical processes. Catalis views the
acquisition as part of its strategy of profitable growth.
To finance such growth Catalis N.V. shall issue euro 3 million in
convertible bonds. The convertible bonds will be issued with
pre-emptive rights for existing shareholders at an issue ration of 4
to 1, has a term of 4 years until 20th of October, 2009 and can be
converted at a conversion ratio of 1 to 1 into 3,931,250 shares in
Catalis N.V. with no additional payment provided the conversion ratio
does not change due to capital measures during the term of the bond.
An early conversion option is available for holders of the
convertible bond in October 2007 and October 2008. Catalis reserves
the right to convert the bonds at any time after the annual general
meeting for the fiscal year 2005. The issue price will be euro 0.75
per convertible bond. The subscription period is planned to commence
on October 5, 2005 and will close on October 19, 2005. Gebhard & Co,
Werpapierhandelsbank , Gräfelfing is handling the transaction.
Further details will be available at the company’s website
(www.catalisgroup.com).
end of announcement                               euro adhoc 30.09.2005 10:09:27

Further inquiry note:

Catalis N.V.
Sarah McTweed
Pinewood Studios
Iver, Buckinghamshire
Slo oNH
United Kingdom
Tel: +44 1753 78 33 30
Fax: +44 1753 78 33 32

Branche: Semiconductors & active components
ISIN: NL0000233625
WKN: 927093
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade

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