EANS-Adhoc: C-QUADRAT Investment AG
C-QUADRAT intends to acquire Austrian Fund
Management Company
--------------------------------------------------------------------------------
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
--------------------------------------------------------------------------------
03.07.2012
Vienna / Frankfurt, 03.07.2012. C-QUADRAT Investment AG (ISIN AT0000613005)
announces that a term sheet was signed on the possible acquisition of 100% of
the shares in Absolute Portfolio Management GmbH ("APM").
Absolute Portfolio Management GmbH is a Vienna domiciled Austrian Asset Manager
with focus on Absolute Return Funds, Microfinance- and Commodity Funds.
Currently APM manages assets of approximately EUR 430 million.
The purchase price, which is subject to negotiations, will amount to
approximately EUR 1.6 Mio. C-QUADRAT plans to finance this intended acquisition
with equity.
With the intended acquisition C-QUADRAT follows up its strategy to focus on
asset management as its core business and extends as well as diversifies its
current product range.
Subject to successful negotiation of the transaction documentation, the parties
aim at a signing of the transaction still in July 2012.
Among others the possible transaction requires the non-prohibition by the
Austrian Financial Market Authority (FMA).
Further inquiry note:
StB Mag. Roland Starha
Member of the Board
C-QUADRAT Investment AG
Stubenring 2
A-1010 Vienna
Tel.: +43 1 515 66 317
Mail: ir@c-quadrat.com
www.c-quadrat.com
end of announcement euro adhoc
--------------------------------------------------------------------------------
issuer: C-QUADRAT Investment AG
Stubenring 2
A-1010 Wien
phone: +43 1 515 66-0
FAX: +43 1 515 66-159
mail: c-quadrat@investmentfonds.at
WWW: www.c-quadrat.at
sector: Financial & Business Services
ISIN: AT0000613005
indexes: Standard Market Auction
stockmarkets: official market: Frankfurt, Wien
language: English
Original content of: C-QUADRAT Investment AG, transmitted by news aktuell