Tom Dechaene, Peter Leyman and Luc Vandewalle become independent directors of Transics
Transics, one of the largest European players in relation to on-board computers and fleet management solutions for the transport and logistics sector and ‘Most promising Enterprise of the Year 2006’, is planning to raise new funds and existing shareholders wish to offer existing shares via an IPO and listing on Eurolist by Euronext Brussels. The offering period is expected to start on 4 June 2007 and end on 15 June 2007, under reserve of an early closing. Fortis and ING are acting as Joint Lead Managers, Dexia as co-Manager. From 1 June 2007 the prospectus and a summary shall be available for the public on the company’s website.* Transics is organising 2 roadshows for retail investors on Monday 4 June 2007 and Tuesday 5 June 2007 respectively in Kortrijk and Antwerp.
In the framework of the IPO Transics will expand its Board of Directors with 3 independent directors. The former investment banker and former independent Telindus director Tom Dechaene, former Volvo Cars CEO Peter Leyman and ING Belgium chairman and CEO Luc Vandewalle will strengthen the Board of Directors of Transics with their expertise. Luc Vandewalle will also become the chairman of the Board of Directors of Transics.
* The prospectus and a summary will be available at the counters of ING Belgium NV/SA, Marnixlaan 24, 1000 Brussels from 1 June 2007, and by telephone request on +32 (0)2 464 60 01 (Dutch), +32 (0)2 464 60 02 (French) or +32 (0)2 464 60 03 (English) and at the counters of the Fortis Bank NV/SA, Warandeberg 3, 1000 Brussels, and by telephone request on +32 (0)800 903 01 (Dutch, French and English), and at the counters of Dexia Bank België NV, Pachecolaan 44, 1000 Brussels, and by telephone request on +32 (0)800 922 00 (Dutch, French and English).
Under certain conditions the prospectus and summary may also be consulted on the Internet at www.transics.com, www.ing.be, www.fortisbanking.be/sparenenbeleggen, www.dexiainvestor.be and on the Euronext websites.
Transics NV develops and commercialises fleet management systems (on-board computers, software and services) for the transport and logistics sector. With more than 35,000 installed on-board computers, Transics is one of the largest European players in its sector. As well as the head office in Ieper (Belgium) and branches in the Netherlands, France, Germany and Spain, Transics is active in Scandinavia and is continually expanding its European organization. In 2006 Transics expanded for the first time in the direction of Eastern Europe with an agency in Poland and the Czech Republic. At the start of 2007 Transics realised the takeover of sector colleague DIS with which it completes its product range. DIS specializes in the development and commercialisation of innovative IT solutions for driving time registration on the basis of tachographs.