EuroTrust A/S (Nasdaq: EURO) today announced that it had been advised that ERP International 2 A/S, a company owned by Danish investor Erik Damgaard, owns 559,000 American Depositary Shares of EuroTrust which represents approximately 10.3% of the outstanding shares of EuroTrust. Mr Damgaard is a well known Danish entrepreneur who co-founded Damgaard Data which was merged with Navision A/S a company that was subsequently acquired by Microsoft for in excess of US $1.3 billion. EuroTrust (Nasdaq ADS: EURO) owns a cable/satellite network in Denmark and is one of the largest providers of mobile televisions production services in Scandinavia, operating a fleet of eight state-of-the-art mobile units including one of the few high definition production units in Northern Europe. More information about EuroTrust and its subsidiaries is available at www.eurotrust.dk.
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