SHAREHOLDERS APPROVE SQUARE OFFER
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[ March 28th 2009 ]

On 12 February 2009, the Boards of Eidos and SQEX announced that they had reached agreement on the terms of a recommended acquisition of the entire issued and to be issued share capital of Eidos by SQEX, to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006.

On 4 March 2009, Eidos posted a scheme document to its shareholders containing, among other things, the full terms and conditions of the Scheme. Eidos and SQEX are pleased to announce that, at the Court Meeting held earlier today, the Scheme was approved by the requisite majority.

Subsequently, at the EGM, the special resolution required to implement the Scheme was also passed by the requisite majority. Eidos and Square are likely to formalise the acquisition by May of 2009.