DGAP-News: zooplus AG: Subscription period of planned capital increase to start on November 25, 2011
(firmenpresse) - DGAP-News: zooplus AG / Key word(s): Capital Increase
zooplus AG: Subscription period of planned capital increase to start
on November 25, 2011
22.11.2011 / 15:13
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- Prospective duration of subscription period: November 25 until and
including December 8, 2011
- Subscription ratio of 12:1 and subscription price of EUR 42.00
- Issue proceeds from up to 469,261 new shares to strengthen equity base
for further growth and expansion of European online market leadership
Munich, November 22, 2011 - In the period between November 25 and December
8, 2011 inclusive, zooplus AG (WKN 511170, ISIN DE0005111702, Ticker symbol
ZO1), Europe's leading pet supplies online retailer, is to offer its
shareholders one new share at a subscription price of EUR 42.00 for every
twelve shares that they hold. This should generate gross issue proceeds of
up to EUR 19,708,962.00 for the company, which it intends to utilize to
strengthen the equity base and for further growth in the course of the
expansion of the company's European online market leadership.
Dr. Cornelius Patt, zooplus' CEO, commented on the reasons for this capital
measure: 'The proceeds from the capital increase will enable zooplus to
deploy a stable equity base to continue its dynamic growth across the whole
of Europe, and to expand its market position in the future. In 2011, we
created the logistical prerequisites to grow to more than EUR 400 million
of sales capacity. This is why the extension of our market-leading position
in all important European markets will continue to form the focus of our
activity in coming years. We believe that this will be the decisive driver
of our company's value in the medium term.'
With the capital increase, the company will increase its share capital from
a current EUR 5,631,138.00 (through partial utilization of its Authorized
Capital 2008) by a nominal amount of up to EUR 469,261.00 to up to EUR
6,100,399.00, through issuing up to 469,261 new ordinary bearer shares. The
new shares will each have a notional amount in the share capital of EUR
1.00.
The complete offering document can be downloaded from the company's website
at www.zooplus.de within the 'Investor Relations' area, and it was also
published today in the Bundesanzeiger (German Federal Gazette).
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. 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 behavior in favor 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.
On the Internet at: www.zooplus.de
Investor relations contact:
cometis AG
Dominic Grossmann / Tobias Eberle
Tel.: +49 (0)611-205855-15
Fax: +49 (0)611-205855-66
E-mail: grossmann(at)cometis.de
End of Corporate News
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22.11.2011 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: 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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147270 22.11.2011
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Unternehmensinformation / Kurzprofil:
Datum: 22.11.2011 - 15:13 Uhr
Sprache: Deutsch
News-ID 90196
Anzahl Zeichen: 6166
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Kategorie:
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