DGAP-News: zooplus AG: Share split implemented
(firmenpresse) - DGAP-News: zooplus AG / Key word(s): Corporate Action/Capital Increase
zooplus AG: Share split implemented
18.07.2011 / 07:59
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Munich, July 18, 2011 - With effect as of today, the share split that was
approved by the Annual General Meeting of zooplus AG (WKN 511170, ISIN
DE0005111702, Ticker symbol ZO1), Europe's leading pet supplies online
retailer, was implemented, and the new shares have been included in
trading. The higher level of share capital is divided into 5,618,578
ordinary shares, with a notional amount of EUR 1.00 each in the share
capital. As a consequence, the previous number of shares has doubled, and
one previous ordinary share is now divided into two ordinary shares.
Shareholders' interests in the company have been unaffected by this
transaction.
The custodian banks will adjust custody holdings at the end of trading on
July 15, 2011. Shareholders are not required to take action since all
zooplus AG shares are held in collective custody. The bonus shares will be
allocated to entitled shareholders by means of custody account credit. The
listing of the bonus shares on the Regulated Market of the Frankfurt Stock
Exchange was implemented as of today, July 18, 2011. For this reason, the
ordinary pair of shares will be listed and traded 'ex bonus shares' from
today.
Due to the share split, which comes along with a doubled number of shares,
the price of the zooplus share should halve in arithmetic terms once
trading commences. Conversion of the custody account of custodian banks is
free of commission and fees for shareholders in the company.
Company profile:
zooplus was founded in 1999 and has established itself as Europe's leading
online retailer for pet products, measured by sales and other income. In
2010, total sales amounted to EUR 194 mm and, therefore, have increased
fivefold during the last 5 years. At the same time, the company generated
EBIT operating earnings of EUR 3.3 mm in 2010. The company's business model
has already been introduced successfully in 18 countries. zooplus offers
products for all pet varieties. Its product range comprises foods (dry and
wet pet foods, pet food supplements such as chewing bones and snacks) as
well as pet accessories (such as cat trees and toys) over a wide range of
categories. In addition to a broad selection of over 7,000 products,
zooplus customers benefit from online veterinary consultations as well as a
number of other interactive features. Pet products represent a significant
market segment of the European consumer retail space. Overall revenues from
pet food and accessories amounted to EUR 19 billion within the European
Union in 2010 alone. Based on the growing trend towards humanization of
pets in western industrialized countries, pet owners are adapting their
purchasing behaviour in favour of health, wellness and other premium
products. In addition, European eCommerce is expected to enjoy sustained,
strong growth in the years to come. zooplus expects a continuation of the
company's dynamic growth.
Online: http://investors.zooplus.com/en/welcome/
Contact Investor Relations:
cometis AG
Dominic Großmann / Tobias Eberle
Tel.: +49 (0)611-205855-25
Fax: +49 (0)611-205855-66
E-mail: eberle(at)cometis.de
End of Corporate News
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18.07.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
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Language: English
Company: zooplus AG
Sonnenstraße 15
80331 München
Germany
Phone: +49 (0)89 95 006 - 100
Fax: +49 (0)89 95 006 - 500
E-mail: contact(at)zooplus.com
Internet: www.zooplus.de
ISIN: DE0005111702
WKN: 511170
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
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132266 18.07.2011
Datum: 18.07.2011 - 07:59 Uhr
Sprache: Deutsch
News-ID 34621
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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