Gameforge Berlin AG
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
Frogster Interactive Pictures AG / Key word(s): Miscellaneous +++ Press Release +++
Domination and Profit Transfer Agreement
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
End of Corporate News 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 |
Language: | English | |
Company: | Frogster Interactive Pictures AG | |
Hardenbergstr. 9A | ||
10623 Berlin | ||
Germany | ||
Phone: | 030 / 284701-10 | |
Fax: | 030 / 284701-11 | |
E-mail: | ir@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 |
138304 06.09.2011 |