Regulatory News

REG-Micro Focus Intl plc Update on proposed acquisitio
Released: 01/06/2009
com:20090601:RnsA1313T
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RNS Number : 1313T  
  
Micro Focus International plc  
  
01 June 2009  
  
01 June 2009  
  
Update on Proposed Acquisition of Borland  
  
In accordance with the terms of the merger agreement entered into by both 
Borland Software Corporation ("Borland") and Micro Focus International plc 
("Micro Focus") on 6 May 2009, Micro Focus has been notified by Borland that it 
has received a preliminary non-binding indication of interest from a financial 
buyer.   
  
Micro Focus continues to believe that its fully funded offer, which has been 
unanimously recommended by the Board of Directors of both Micro Focus and 
Borland, is based on strong strategic rationale and is therefore in the best 
interests of both companies, their employees, customers and shareholders. The 
Board of Micro Focus will continue to monitor the situation closely and, in any 
event, will maintain its strict financial acquisition criteria. The Circular to 
Shareholders is being finalised and will be distributed shortly.  
  
Enquiries:  
  
 
  Micro Focus                                        Tel: +44 (0)1635 32646    
  Stephen Kelly, Chief Executive                                               
  Nick Bray, Chief Financial Officer                                           
  Tim Brill, Head of Corporate Communications & IR                             
  Financial Dynamics                                 Tel: +44 (0)20 7831 3113  
  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   
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
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