-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------
19.03.2006
SMARTRAC N.V. announced today that it has received positive feedback and indications of significant interest from German and international institutional investors since the beginning of its IPO road show on March 14.
Since the beginning of the marketing phase, certain individuals have been deliberately briefing the media and writing letters making certain allegations against the company and its CEO while making financial demands.
The company denies these allegations but has decided, together with its bank advisors, to postpone the IPO to ensure an orderly offering and to protect investors. The IPO is on hold until the facts underlying the allegations have been clarified. The company is considering legal action against the persons responsible for these allegations.
end of announcement euro adhoc 19.03.2006 13:48:09 --------------------------------------------------------------------------------
ots Originaltext: SMARTRAC N.V. Im Internet recherchierbar: http://www.presseportal.de
Further inquiry note: SMARTRAC N.V. Max Hohenberg Media Relations Tel.: +31 20 57 88 844 max.hohenberg@smartrac-group.com www.smartrac-group.com
SMARTRAC-Disclaimer This Ad-hoc release and the information contained herein is not being issued in the United States of America (the "U.S.") and may not be distributed in the U.S.
This document does not constitute an offer of securities for sale in the U.S. Securities may not be offered or sold in the U.S. absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended.
This publication constitutes neither an offer to sell nor a solicitation to buy securities. It does not constitute a prospectus within the meaning of Art. 652a of the Swiss Code of Obligations.
This communication is directed only at persons (I) who are outside the United Kingdom or (II) who have professional experience in matters relating to investments falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (III) who fall within article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Order (all such persons together being referred to as "Relevant Persons"). Any person who is not a Relevant Person must not act or rely on this communication or any of its contents. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.
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