DGAP-News: Frogster Interactive Pictures AG: Domination and Profit Transfer Agreement between Gameforge and Frogster Takes Effect - Trade of Shares via Xetra Ends, Gameforge AG Offers Cash Compensation Payment of 26.00 Euros per Share
(firmenpresse) - DGAP-News: Frogster Interactive Pictures AG / Key word(s):
Miscellaneous
Frogster Interactive Pictures AG: Domination and Profit Transfer
Agreement between Gameforge and Frogster Takes Effect - Trade of
Shares via Xetra Ends, Gameforge AG Offers Cash Compensation Payment
of 26.00 Euros per Share
06.09.2011 / 07:30
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+++ Press Release +++
Domination and Profit Transfer Agreement between Gameforge and Frogster
Takes Effect
Trade of Shares via Xetra Ends
Gameforge AG Offers Cash Compensation Payment of 26.00 Euros per Share
Berlin, 06/09/2011: Signed on 13/05/2011 between Frogster and Gameforge and
approved on 28/06 at Frogster's annual shareholder meeting, the Domination
and Profit Transfer Agreement naming Frogster as the dominated and
transferring party was entered into the commercial register on 29/08/2011.
The shareholders' decision was not challenged.
Frogster's executive board assumes that the shares will no longer be traded
via Xetra and on the Open Market of the Frankfurt Stock Exchange as of
01/10/2011 because the specialist and the filing bank required for such
trade are discontinuing their services due to the little remaining free
float.
Karlsruhe-based Gameforge AG, which is the majority shareholder of Frogster
Interactive Pictures AG, has offered Frogster shareholders two separate
cash compensation options for their Frogster shares at a price of 26.00
euros per share.
The cash compensation option regarding the termination of the inclusion of
Frogster shares in the Entry Standard is limited in time. The period of
acceptance commenced on the 13th of July 2011 and lapses at the close of
the 13th of September 2011. More detailed information is available to
shareholders from their depository bank.
The cash compensation option regarding the Domination and Profit Transfer
Agreement is also limited in time. The period of acceptance commenced on
the 1st of September 2011 and lapses at the close of the 31st of October
2011. More detailed information is available to shareholders from their
depository bank.
Contact: Frogster Interactive Pictures AG, Tel. +49 (0)30-28 47 01-0
Frogster - We take you to a new world!
The Frogster group is a Berlin-based international publisher of online
games. Frogster focuses on the marketing and operation of virtual worlds,
so-called massively multiplayer online games - one of the strongest growing
sectors in the entertainment industry. With its top titles 'Runes of
Magic', 'Mythos' and 'Bounty Bay Online' Frogster has already gathered over
6 million registered players worldwide. Three other ambitious MMO games,
'TERA', 'Eligium - The Chosen One', and 'RaiderZ', are slated for release
in 2012. Frogster also intends to enter into the rapidly growing market of
browser games with 'Throne of Fire' and 'Bounty Bay Live' shortly.
Currently the Frogster group employs more than 200 staff members in the
fields of licensing, IT, web design and web development, product
management, business development, marketing, PR, community management,
support, sales, hosting, billing and finance/administration. Frogster's
subsidiaries Frogster Online Gaming, Frogster America and Frogster Pacific
market and operatetheir games in Europe, America and Oceania respectively.
Internet: www.frogster.de
End of Corporate News
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06.09.2011 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: Frogster Interactive Pictures AG
Hardenbergstr. 9A
10623 Berlin
Germany
Phone: 030 / 284701-10
Fax: 030 / 284701-11
E-mail: ir(at)frogster.de
Internet: www.frogster.de
ISIN: DE000A0F47J1
WKN: A0F47J
Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart;
Open Market in Frankfurt
End of News DGAP News-Service
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138304 06.09.2011
Themen in dieser Pressemitteilung:
frogster-interactive-pictures-ag-domination-and-profit-transfer-agreement-between-gameforge-and-frogster-takes-effect
trade-of-shares-via-xetra-ends
gameforge-ag-offers-cash-compensation-payment-of-26-00-euros-per-share
Unternehmensinformation / Kurzprofil:
Datum: 06.09.2011 - 07:30 Uhr
Sprache: Deutsch
News-ID 62283
Anzahl Zeichen: 5632
contact information:
Kategorie:
Business News
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