HELSINGBORG, Sweden--(BUSINESS WIRE)--Regulatory News:
ReadSoft (STO:RSOFB):
The Board of Directors of ReadSoft AB (publ) (the Company) has decided to apply for delisting of the ReadSoft series B shares from NASDAQ OMX Stockholm. The last day of trading in the shares will be notified when ReadSoft has been informed thereof by NASDAQ OMX Stockholm.
On September 8, Lexmark International Technology S.A. (Lexmark International Technology) announced that the public offer (the Offer) to the shareholders of ReadSoft AB has been accepted to such extent that Lexmark International Technology now holds 97.54 percent of the shares and of 98.18 percent of the votes in ReadSoft. Lexmark International Technology also announced that they intend to request a compulsory purchase of the outstanding minority shares in the Company. ReadSoft’s Board of Directors concludes, considering the above, that it is no longer justified for the Company to remain listed and has therefore decided to apply for delisting of ReadSoft’s shares from NASDAQ OMX Stockholm. The last day of trading in ReadSoft’s series B shares on NASDAQ OMX Stockholm will be announced as soon as the Company has been informed thereof by NASDAQ OMX Stockholm. This is information of the type that ReadSoft AB (publ) is obligated to disclose in accordance with the Swedish Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on September 18, 2014 at 08:00 CET.
About ReadSoft. ReadSoft simplifies business for organizations of all sizes with applications for business processes such as accounts payable automation (http://www.readsoft.com/solutions/by-department/accounts-payable-automation), accounts receivable (http://www.readsoft.com/solutions/automation-for-sap/accounts-receivable), sales order processing (http://www.readsoft.com/solutions/automation-for-sap/sales-order-processing-sap), and multichannel mailroom automation (http://www.readsoft.com/solutions/document-process-automation/mailroom-automation). Its on-premises and cloud document process automation solutions (http://www.readsoft.com/solutions/document-process-automation/mailroom-automation) enable some of the world’s largest corporations as well as small and medium businesses to compete and thrive in today’s environment by improving customer and supplier satisfaction, increasing operating efficiency, and providing greater visibility into business processes. ReadSoft is the world’s number one choice for invoice processing automation, and its applications integrate seamlessly with ERP systems from SAP (http://www.readsoft.com/solutions/automation-for-sap/sales-order-processing-sap), Oracle (http://www.readsoft.com/solutions/automation-for-oracle-e-business-suite), Microsoft (http://www.readsoft.com/solutions/document-process-automation/invoice-processing-for-microsoft-dynamics), as well as with many other business systems. Since 1991, the company has grown into a worldwide group, delivering industry expertise and support in 17 countries on six continents through its local and global partner network. ReadSoft is headquartered in Helsingborg, Sweden, and its share is traded on the NASDAQ OMX Stockholm’s Small Cap list. Visit www.readsoft.com.
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