23rd Jul 2009 07:00
23 July 2009
Borland Software Corporation -
Successful outcome of shareholder vote
The Board of Micro Focus International plc ("Micro Focus") notes the successful outcome of the shareholder vote held yesterday by Borland Software Corporation ("Borland") relating to the proposed acquisition of Borland by Micro Focus (the "Acquisition"). The Acquisition has been approved by Borland shareholders, with approximately 99% of all votes cast in favour of the $1.50 cash offer. The Micro Focus General Meeting to approve the Acquisition will be held at 9am on 24 July 2009 at The Lawn, 22-30 Old Bath Road, Newbury, Berkshire, RG14 1QN. Subject to approval by Micro Focus shareholders, the Acquisition is expected to close shortly thereafter.
Enquiries:
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Micro Focus |
Tel: +44 (0)1635 32646 |
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Stephen Kelly, Chief Executive |
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Nick Bray, Chief Financial Officer |
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Tim Brill, Head of Corporate Communications & IR |
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Financial Dynamics |
Tel: +44 (0)20 7831 3113 |
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Charles Palmer /Haya Chelhot/ Nicola Biles |
Notes to editors:
About Micro Focus
Micro Focus, a member of the FTSE 250, provides innovative software that allows companies to dramatically improve the business value of their enterprise applications. Micro Focus Enterprise Application Modernization and Management software enables customers' business applications to respond rapidly to market changes and embrace modern architectures with reduced cost and risk. For additional information please visit www.microfocus.com
Related Shares:
MCRO.L