| 31 August 2007 | |||||
Adjournment of meetings | |||||
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The Court Meeting and the Extraordinary General Meeting, which were convened to consider the proposal by CompuGROUP Holding AG to acquire iSOFT for 66 pence per iSOFT share, were today adjourned indefinitely. On 21 August 2007, IBA Health Limited announced a revised offer for iSOFT of 69 pence per iSOFT share, with a stock alternative of 1.65 new IBA shares per iSOFT share. As announced previously, iSOFT intends to proceed with the steps necessary to implement the revised IBA offer by way of scheme of arrangement and to recommend IBA's cash offer. Documentation, including details of the opinion of the iSOFT Board on the revised IBA offer, will be sent to shareholders in due course. For further information, please contact: |
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