TIE Holding N.V. ("TIE") announced today that the CEO, Jan Sundelin exercises 750,000 options.
On June 3, 2008, The CEO received 800,000 options as part of the investment plan. All options have now been exercised. TIE will issue new shares. The total number of shares outstanding following this issue will amount to 64,976,818.
The CEO of TIE will retain his shares including the shares to be acquired as a result of the execution of the options.
Profile TIE
Supply Chain Integration Software Company TIE (NYSE Euronext: TIE Holding) bridges the gap between online and traditional business. TIE helps industry and supply chain partners to achieve electronic business collaboration with solutions in the traditional and upcoming markets like Data Quality Management, e-Invoicing, Master Data Management and Digital Channel Communications. Our solutions are proven to lower costs, increase revenue and optimize business processes. Because we have decades of experience to share, TIE remains a key contributor to the development and implementation of global eCommerce standards. TIE is a publicly held company with offices in the United States, France, and the Netherlands.