euro adhoc: MatchNet plc
Financing, Stock Offerings
MatchNet plc
resolves on capital increase
Up to 2 million shares will be issued (E)
LOS ANGELES, CA - (October 21, 2003) -
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
MatchNet plc (MHJG: Frankfurt Stock Exchange - Prime Standard), one of the largest providers of online personals worldwide, today announced that the company's Management Board with the consent of the Supervisory Board has resolved to carry out a capital increase. Up to 2 million shares will be offered to the exclusion of a rights issue. The fresh capital will be used for possible acquisitions. Existing shareholders and management do not offer any of their shares in line with this capital increase.
About MatchNet plc: With over twelve million members worldwide, MatchNet plc is one of the largest providers of online dating services. The MatchNet network includes AmericanSinglesTM.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; GlimpseTM.com, an online dating service for relationship-minded gay men and women; and CollegeLuvTM.com, an exciting new online destination for the college-age demographic. MatchNet was incorporated in England in 1998. More information is available at www.MatchNet.com
end of announcement euro adhoc 21.10.2003
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