DGAP-News: bmp AG: Sale of entire stake in K2
(firmenpresse) - DGAP-News: bmp AG / Key word(s): Miscellaneous
bmp AG: Sale of entire stake in K2
13.04.2011 / 13:00
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bmp AG: Sale of entire stake in K2
Berlin, 13 April 2011
As part of an accelerated book-building process, bmp AG (ISIN DE0003304200)
sold its 18.07% stake in K2 Internet S.A., Warsaw, which is listed on the
main segment of the Warsaw Stock Exchange, to a number of renowned Polish
financial investors.
Since K2 Internet S.A. was founded in mid-2000, bmp has taken the role of
lead investor and has actively contributed to and facilitated the
successful development of the company. This has been one of bmp's most
successful transactions. After an initial major sale of shares in
connection with the IPO in spring 2008, bmp has now decided to undertake a
complete withdrawal. On the whole, bmp has achieved an IRR of approx. 35%
with the transaction and has generated 6.5 times the amount of its invested
capital.
Today, K2 is the leading online media agency in Poland. K2 consistently
demonstrates its innovative strength and creativity and is thus able to
attain both clients' share of wallet and prices at lucrative levels on a
continuous basis.
An early and good sense of Michal Lach, founder and later supervisory board
chairman, for digital trends combined with the long-time excellent work of
the management team under the direction of co-founder Janusz Zebrowski, has
led to the formation of a high-performance knowledge and service
organisation, which as a result of its outstanding 250-employee team was
presented with 21 awards in 2010 alone and increased its sales from 2000 to
2011 by more than twenty-fold.
'We are proud to have contributed to the successful development of K2 and
thus helped it achieve a position as a market leader. We would like to
thank the K2 team for its cooperation so far. Parts of this cooperation -
whether through the Supervisory Board or through cooperation in relevant
projects developed by or for K2 - will be continued,' stated Jens Spyrka,
the partner responsible at bmp AG and long-time Supervisory Board member of
K2 Internet S.A.
About bmp:
bmp Aktiengesellschaft (ISIN DE0003304200) invests its own funds primarily
in innovative growth companies from the area of media&marketing services
in Germany and Poland.
Furthermore bmp manages the BFB Frühphasenfonds, established in 2010, which
finances - cross-sectoral - innovative companies located in the state of
Brandenburg/Germany.
bmp offers its participating interests extensive know-how as a financing
partner and business developer for growth companies. Thanks to its
experience with more than 100 own shareholdings, 14 IPOs and more than 30
trade sales from the portfolio, bmp is among the most highly skilled
venture capital investors in Germany and Poland.
For more information, please contact:
Corinna Riewe
Investor Relations
Tel: 030-20 30 5-567
Fax: 030-20 30 5-555
Email: criewe(at)bmp.com
bmp AG
Schlüterstraße 38
10629 Berlin
Internet: www.bmp.com
This Corporate News is neither an offer nor a request to submit an offer
for the sale of securities - specifically not in the US or other countries
or jurisdictions in which an offer or request to submit an offer for the
purchase or sale would be illegal without prior registration or permission
under the relevant securities guidelines.
This Corporate News is neither an offer to sell registered bearershares
nor a request to submit an offer to buy the registered shares; it is merely
for information purposes.
End of Corporate News
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13.04.2011 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: bmp AG
Schlüterstraße 38
10629 Berlin
Deutschland
Phone: +49 (0)30 20 305-0
Fax: +49 (0)30 20 305-555
E-mail: ir(at)bmp.com
Internet: www.bmp.com
ISIN: DE0003304200
WKN: 330420
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart; Warschau
End of News DGAP News-Service
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119666 13.04.2011
Datum: 13.04.2011 - 13:00 Uhr
Sprache: Deutsch
News-ID 33774
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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