euro adhoc: Spark Networks plc
Mergers - Acquisitions - Takeovers
Absolute
Capital Management and CSI Asset Management raise stake in Spark Networks to
10,54%
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
25.08.2006
Los Angeles, August 25, 2006 - CGI Asset Management Establishment, Liechtenstein, as well as FM Fund Management Limited, Cayman Islands have both raised their stake in Spark Networks plc (Prime Standard Frankfurt: MHJG, AMEX: LOV) to 10,54 percent of Sparks shares.
These investments by above mentioned groups led by successful Fundmanager Florian Homm reiterate the institutional confidence in Spark Networks' strategy to concentrate on highly profitable niches.
About Spark Networks® plc: Spark Networks is a leading provider of online personals services. The company operates approximately 25 online personals communities primarily focused on religious, ethnic or special interest groups. Spark Networks portfolio of consumer websites includes, among others, JDate®.com (www.jdate.com), AmericanSingles®.com (www.americansingles.com), Relationships.com (www.relationships.com), BlackSingles.com® (www.blacksingles.com) and PrimeSingles.net (www.primesingles.net). The companys American Depositary Shares trade on the American Stock Exchange (AMEX:LOV), and its Global Depositary Shares trade on the Frankfurt Stock Exchange under the symbol "MHJG."
end of announcement euro adhoc 25.08.2006 08:08:18
Further inquiry note:
Elmar Bob
Tel.: +49 (69) 74 09 37 88
Fax: +49 (69) 74 09 37 87
E-Mail: elmar@spark.net
Guido Pickert
Branche: Electronic Commerce
ISIN: US8465131097
WKN: A0DPY1
Index: Classic All Share, Prime All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade