ActivCard S.A. Announces Proposed Offering of Ordinary Shares in the Form of American Depositary Shares.Business Editors SURESNES, France--(BUSINESS WIRE)--Feb. 23, 2000 ActivCard S.A. (EASDAQ See European Association of Securities Dealers Automated Quotation. :ACTV ACTV Active ACTV Activate ACTV Azienda del Consorzio Trasporti Veneziano (Venice Public Transport Company, Italy) ACTV Advanced Compatible Television ) today announced the proposed public offering of 4,000,000 ordinary shares, in the form of American depositary shares American Depositary Share (ADS) Foreign stock issued in the US and registered in the ADR system. . Certain selling stockholders have granted the underwriters an over-allotment option to purchase an additional 600,000 ordinary shares, in the form of American depositary shares. After the offering, ActivCard will have approximately 34,913,707 ordinary shares outstanding. J.P. Morgan Securities Inc. and SG Cowen are acting as joint-lead managers for this offering. J.P. Morgan Securities Inc., SG Cowen and Wit SoundView are acting as representatives of the underwriters, with J.P. Morgan Securities Inc. acting as bookrunner. A preliminary prospectus Preliminary Prospectus A first draft registration statement filed by a firm prior to proceeding with an initial public offering of securities. The document, filed with the Securities & Exchange Commission, is intended to provide pertinent information to prospective shareholders relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc these securities may be obtained from these underwriters or from ActivCard's investor relations Investor relations The process by which the corporation communicates with its investors. officer, listed below. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State. About ActivCard ActivCard S.A., a leader in digital identity and electronic certification technology, delivers core components required to enable next generation e-Business communication and transactions. ActivCard's technology suite offers the ease-of-use of an ATM transaction with a security level better than a face-to-face meeting. ActivCard's solutions, in conjunction with the applications support for public key based data confidentiality and integrity, allow individuals and businesses to perform secure online transactions over the Internet. Based on sales, we believe that today, more than 1 million people use ActivCard products for secure internet banking, Web access and remote access to corporate networks. ActivCard has corporate headquarters in Fremont, California For the unincorporated community in Yolo County, California, see . Fremont (IPA: /ˈfriːmɒnt/) is a city in California that was incorporated on January 23, 1956, from the merger of five smaller communities: ; Suresnes, France; and Singapore. |
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