Gameforge Berlin AG
Frogster Interactive Pictures AG with new major shareholder / Takeover bid announced
Frogster Interactive Pictures AG / Mergers & Acquisitions 03.08.2010 08:51 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Berlin, 3.08.2010: Frogster Interactive Pictures AG, international publisher of massively multiplayer online games with headquarters in Berlin and subsidiaries in Berlin, San Francisco and Seoul, has got a new major shareholder. Gameforge AG, international publisher of online games based in Karlsruhe, has acquired the shares from the Frogster shareholder pool per a subsidiary and consequently now holds a stake of 60% in Frogster Interactive Pictures AG. Furthermore, Gameforge AG has announced a takeover bid at a share price of 25 Euro. Frogster shall be sustained as an independent company with its current management and team at its existing locations, with its own culture and its successful brand names. Currently, a good 25% of Frogster is free float and curtly 15% in the possession of the management. Regardless of the takeover bid, Frogster is focusing on its operative business, especially on the preparation of the company's appearance at the leading international computer games show GamesCom taking place in mid August in Cologne, where Frogster will show its recently announced MMO Game titles 'Mythos' and 'Tera' to be released in 2011 for the first time. With their renowned Asian developers and production budgets in the double-digit million range, these virtual worlds are two of the community's most anticipated MMO Games worldwide. In the management's conviction Frogster has got an outstanding pipeline of top quality MMO Games in Europe with these titles and its 'Project X' from the 'Runes of Magic' hit maker, Runewaker. For 2011 Frogster expects further acceleration of its persistant, strong, profitable expansion. Frogster Interactive Pictures AG, Tel. +49 (0)30-28 47 01-0 03.08.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Frogster Interactive Pictures AG Hardenbergstr. 9A 10623 Berlin Deutschland Phone: 030 / 284701-10 Fax: 030 / 284701-11 E-mail: frogster@ir-services.de Internet: http://www.frogster-ip.de/ ISIN: DE000A0F47J1 WKN: A0F47J Indices: Entry Standard Performance-Index Listed: Freiverkehr in Berlin, München, Düsseldorf, Stuttgart; Open Market (Entry Standard) in Frankfurt End of News DGAP News-Service ---------------------------------------------------------------------------
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