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Riverdeep Group Limited
Apollo House, 8th Floor, Dublin, Ireland
Business Description The company provides web-based educational solutions targeted at the U S kindergarten through high school, or K-12, market. The company develops and markets two types of curriculum-based products.
Offering
Information

Company has
gone public

Trading As  RVDP (NASNTL) Industry  High-Tech (SIC 7372)
Type of Stock Offered  American Depositary Receipts Filing Date  2/14/00
Domestic Shares Offered  6,000,000 Offer Date  3/8/00
Foreign Shares Offered  0 Filing Range  $15.00 - $18.00
Company Shares  6,000,000 Offer Price  $20.00
Selling Shrhldrs Shares  0 Gross Spread  $1.400
Gross Proceeds  $120,000,000 Selling  $0.840
Expenses  - - Reallowance  $0.100
Post-IPO Shares  - - Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
CS First Boston Lead Manager (212) 325-2000
Donaldson, Lufkin & Jenrette Securities Corp. Co-manager (212) 371-0641
Wit SoundView Co-manager  
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 3 Months Ending
Figures in U.S. millions except per share data         6/30/99   9/30/99
Revenues   - - - - 0.363 - 2.395
Income from Oper.   - - - - -7.224 - -2.943
Net Income   - - - - -7.110 - -3.320
E.P.S   - - - - -0.070 - -0.030
Revenue Growth (%)      - - - -   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     - - -
Cash Flow - Inv.     - - -
Cash Flow - Fin.     - - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 9/30/99 Financial Ratios
Total Assets    19.59 Current Assets    14.88 Current Ratio    -
Total Liab.    18.42 Current Liab.    - Debt Ratio    94.05%
Total Equity    1.17 Working Cap.    - Debt to Equity Ratio    15.81
Cash    0.54    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes, including marketing, brand and content development, technology, working capital, acquisitions and debt repayment.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Shearman & Sterling
Bank's Law Firm  Dorsey & Whitney
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Last updated: 6/18/00 5:44:23 PM
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