DGAP-News: Franconofurt AG: Shareholders owning 27.1% of Franconofurt AG intend to sell their shares
(firmenpresse) - DGAP-News: Franconofurt AG / Key word(s): Miscellaneous
Franconofurt AG: Shareholders owning 27.1% of Franconofurt AG intend
to sell their shares
04.04.2012 / 10:03
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Franconofurt AG
Frankfurt am Main
ISIN: DE0006372626 - WKN: 637262
Corporate News - April 4, 2012
Shareholders owning 27.1% of Franconofurt AG intend to sell their shares
The executive board of Franconofurt AG was informed by Mr. Albrecht von
Witzleben, London, United Kingdom, that shareholders owning a block of
2,006,000 shares of Franconofurt AG intend to sell their shares and
subsequently have appointed Lincoln International AG, Frankfurt am Main
(Lincoln International) as advisor. Lincoln International will advise and
sell these shares.
The block of shares intended to be sold comprises 27.1% of the share
capital of Franconofurt AG consisting of a nominal amount of EUR 7,400,000
divided into 7,400,000 shares.
According to information provided by Mr. von Witzleben it was agreed
between the group of shareholders intending to sell their shares and
Lincoln International that the block of shares will be sold under the
condition that until October 31st, 2012 a binding offer to purchase the
shares at a minimum price of EUR 9.00 per share is received.
The group of shareholders intending to sell the block of shares have agreed
until October 31st, 2012 not to command otherwise over the block of shares.
According to information provided by himself, Mr. Albrecht von Witzleben is
acting as speaker of the group of shareholders intending to sell the block
of shares.
The group of shareholders is willing to accept outside shareholders wishing
to join the shareholder group that intends to sell their shares.
Franconofurt AG is not contractual or legal party and affirms its neutral
stance towards this transaction initiated by the group of shareholders.
End of Corporate News
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04.04.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Franconofurt AG
Rossmarkt 11
60311 Frankfurt am Main
Germany
Phone: +49 (0)69 920 374 100
Fax: +49 (0)69 920 374 101
E-mail: sen(at)franconofurt.de
Internet: http://www.franconofurt.de
ISIN: DE0006372626
WKN: 637262
Listed: Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart; Entry Standard in Frankfurt
End of News DGAP News-Service
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163859 04.04.2012
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Datum: 04.04.2012 - 10:03 Uhr
Sprache: Deutsch
News-ID 131900
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