Shareholder-Information: Acceptance of the cash compensation offer

Dear shareholders,

The Austrian Commercial Court published the transformation of the legal form of update software AG into Aurea Software GmbH in the Austrian Edicts Archive on 24.11.2015. With this publication the 2-months acceptance period regarding the cash compensation offer commenced.

Hereby, we would like to inform you about the further procedure in respect to the acceptance of the cash compensation offer made by Aurea Software FZ-LLC:

Entitled to accept the cash compensation offer are all shareholders, who

  • voted against the transformation during the annual shareholders' meeting on 10 July 2015 and
  • had their objection recorded in the minutes of the annual shareholders' meeting,
  • have been continuous shareholders between the adoption of the resolution and the acceptance of the cash compensation offer as well as
  • arranged for the declaration of acceptance to arrive within two months, starting from the announcement of the transformation (i.e. 25.1.2016) at the address stated below.

You can find the cash compensation offer and the template for the acceptance declaration here.

The transfer of shares in an Austrian limited liability company requires an Austrian notarial deed. For your convenience you will prepare a power of attorney in addition to the draft share transfer deed. All shareholders not willing or able to personally attend a meeting with a notary public in Vienna, should provide our legal advisors with the original notarized power of attorney. Our legal advisors or any other designated representative will then sign the share transfer agreement in form of an Austrian notarial deed in your name and on your behalf.

Please send the filled out and signed declaration of acceptance to the following address:

WOLF THEISS Rechtsanwälte GmbH & Co KG
attn.: Katrin Stauber
Schubertring 6
1010 Vienna