euro adhoc: MatchNet plc
Mergers - Acquisitions - Takeovers /
US-Hedge Fund invests in MatchNet plc (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Los Angeles, August 11, 2003 - Tiger Technology Management, an US-american Hedge Fund, investet within the last weeks in MatchNet® plc (Prime Standard Frankfurt: MHJG) and accumulatd 13,49 percent of MatchNets shares. MatchNet® sees its business model again proved by that investment. Management would not exclude the possibilities of further strategical ivestments into the company and stays open for talks with strategical investors.
About MatchNet® plc MatchNet plc (MHJG: Frankfurt Stock Exchange - Prime Standard) is one of the largest providers of online dating and relationship services worldwide. The MatchNet network includes AmericanSingles®.com, FaceLink®.com, MatchNet.de, MatchNet.co.uk, and MatchNet.com.au. In addition, the Company operates JDate®.com & JDate.co.il, the dominant Jewish dating services worldwide and gay11®.com, a leading online dating service for relationship-minded gay men and women. MatchNet's network of websites enjoys a combined membership of over eight million registered members worldwide. MatchNet earns its revenue from recurring membership subscription fees and special events. MatchNet plc was incorporated in England in 1998. More information on the Company is available at www.MatchNet.com
end of announcement euro adhoc 11.08.2003
Further inquiry note:
Elmar Bob
Branche: Online
ISIN: US5766601042
WKN: 930129
Index: Classic All Share, Prime All Share, Prime Standard
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade