DGAP-News: GFT welcomes placement of 4.74 percent of share capital
(firmenpresse) - DGAP-News: GFT Technologies AG / Key word(s): Miscellaneous
GFT welcomes placement of 4.74 percent of share capital
04.04.2011 / 15:43
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Stuttgart, 4 April 2011 - The Executive Board of GFT Technologies AG has
been informed about the placement of shares formerly held by the AvW Group.
The shares were purchased in full by institutional investors in Germany in
the course of a structured transaction. 'We are delighted that the shares
have now been successfully placed with investors who have known GFT for
many years,' says GFT's CEO Ulrich Dietz who welcomes the transaction. 'The
past year was particularly successful for the GFT Group and this is
reflected in our share price performance. The strong interest in the
placement has shown that the GFT share is regarded by the capital market as
a safe and attractive investment.'
The placement volume corresponds to 4.74 percent of the company's total
26,325,946 no-par value shares. Following the transaction, the AvW Group no
longer holds any voting rights in GFT Technologies AG, whose shareholder
structure remains stable: 28.46 percent are still held by the company's
founder Ulrich Dietz. Maria Dietz owns 9.68 percent of shares. Former GFT
Supervisory Board member Dr. Markus Kerber holds 5 percent of voting
rights. The free float portion accounts for 56.86 percent of shares.
'By purchasing these share packages, institutional investors have
demonstrated their trust in the GFT share,' states Ulrich Dietz. 'The
capital market has recognised the strength of GFT. With our portfolio of
products and services, we are excellently positioned and will continue to
pursue our course for sustainable growth.'
About GFT:
The GFT Group, headquartered in Germany, is an international provider of
innovative IT solutions and services. As a strategic IT partner, GFT
supports its clients in the optimisation of their business processes
through intelligent IT systems and specialists and thus sustainably
improves their competitive positions.
GFT is among the world's leading IT service providers in the financial
services sector. The company combines established technology experience
with a wide range of industry expertise, in order to develop, implement and
maintain customised IT solutions (Services division).
GFT recruits and places IT freelancers across a range of industries and
locations. It also oversees the complete management package for its
clients. The basis for this is a worldwide reserve of experts, consisting
of over 180,000 freelance IT specialists (Resourcing division).
Ulrich Dietz founded GFT in 1987 and is now CEO and principal shareholder
of the Group which, in 2010, achieved revenues of around EUR 248 million.
It has 1,300 employees at locations in seven countries.The GFT share is
listed on the Frankfurt Stock Exchange (Prime Standard:
WKN 580 060, GEX).
Contact:
Andrea Wlcek
Director Global Marketing, Media&Investor Relations
GFT Technologies AG
Filderhauptstraße 142
70599 Stuttgart
Germany
T +49 711 62042-440
F +49 711 62042-301
andrea.wlcek(at)gft.com
www.gft.com
End of Corporate News
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04.04.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: GFT Technologies AG
Filderhauptstr. 142
70599 Stuttgart
Deutschland
Phone: +49 (0)711/62042-0
Fax: +49 (0)711/62042-301
E-mail: Investor-Relations(at)gft.com
Internet: www.gft.com
ISIN: DE0005800601
WKN: 580060
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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118358 04.04.2011
Datum: 04.04.2011 - 15:43 Uhr
Sprache: Deutsch
News-ID 33704
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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