Dec 6, 2011

PE Funds Sell Transmode Shares December 6, 2011 By Angela Sormani Three shareholders in global supplier of packet-optical networking solutions Transmode Holding AB have sold 2 500 000 shares, representing 9.2 % of the total number of outstanding shares and votes in the company. Amadeus General Partner Limited, HarbourVest International Private Equity Partners IV – Direct Fund L.P., and EEP Managers Ltd are selling the shares. Transmode’s largest shareholder, POD Venture Partners, has however not sold any shares and remains with an unchanged ownership of 34,1%. PRESS RELEASE Transmode Holding AB (publ), a global supplier of packet-optical networking solutions has been informed that three of its shareholders, Amadeus General Partner Limited, HarbourVest International Private Equity Partners IV – Direct Fund L.P., and EEP Managers Ltd, yesterday have sold in total 2 500 000 shares, representing 9.2 % of the total number of outstanding shares and votes in the company. Transmode’s largest shareholder, POD Venture Partners, has however not sold any shares and remains with an unchanged ownership of 34,1%. The selling shareholders are three of the shareholders who undertook not to sell additional shares in the company for a period of six months from the listing. This lock-up period expired on November 27, 2011. Transmode has further been informed that the shares have been sold in a placing to institutional investors, and that Amadeus General Partner Limited, HarbourVest International Private Equity Partners IV – Direct Fund L.P. and EEP Managers Ltd have entered into a new lock-up agreement not to sell additional shares in the company for a period of 90 days. For more information please contact: Ola Elmeland