euro adhoc: C-QUADRAT Investment AG
Mergers - Acquisitions - Takeovers
Ad
hoc notification on RPR Privatstiftung´s intention to increase stake in
C-QUADRAT Investment AG
-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------
Company Information
05.08.2008
Vienna, Frankfurt, 5 August 2008. In an ad hoc notification dated 31 July 2008, C-QUADRAT Investment AG (ISIN AT0000613005) stated that the RPR private foundation intended to increase its stake in C-QUADRAT Investment AG from a level of approximately 2% to approximately 16%, with the RPR private foundation joining the syndicate which previously controlled the company, made up of T.R. private foundation and San Gabriel private foundation. The increase in the stake of the RPR private foundation is to be implemented in roughly equal parts by the acquisition of shares by T.R. private foundation and San Gabriel private foundation.
As a result of the planned accession of the RPR private foundation, whose founder is Ronny Pecik, to the previously controlling syndicate of the private foundations of the two company founders (Alexander Schütz and Thomas Rieß), there is no change of control at C-QUADRAT Investment AG, because the contract stipulates that the decisive influence remains with the two company founders. On the basis of these facts, the Austrian Takeover Commission confirmed in a statement that the accession of the RPR private foundation in the syndicate does not result in a change in control, thus not triggering a mandatory offer in the sense of takeover legislation.
C-QUADRAT- the fund company - is an independent asset manager operating across Europe. Founded in 1991, the company has had is own asset management company with a bank licence since 2003 and has been listed in the Prime Standard of the Frankfurt Stock Exchange since November 2006 and in the Prime Market of the Vienna Stock Exchange since May 2008. The C-QUADRAT team has made a name for itself across Europe with its asset management, analysis and investment fund management activities and by devising structured products. Innovative investment strategies for institutional investors round off the product offering. Many banks, insurance companies and financial service providers operating internationally rely on the expertise of C-QUADRAT.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Mag. Andreas Wimmer
Member of the Board
C-QUADRAT Investment AG
Stubenring 2
A-1010 Vienna
Tel.: +43 1 515 66 316
Fax: +43 1 515 66 359
Mail: a.wimmer@investmentfonds.at
Branche: Financial & Business Services
ISIN: AT0000613005
WKN:
Index: Prime.market
Börsen: Börse Frankfurt / official market
Wiener Börse AG / official market
Original content of: C-QUADRAT Investment AG, transmitted by news aktuell