EANS-Adhoc: Lycos Europe N.V.
Capital Repayment of LYCOS Europe N.V.
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
28.04.2009
The Supervisory Board of LYCOS Europe N.V. (ISIN NL0000233195) followed the proposal made by the management Board and resolved to undertake a capital repayment of approximately EUR 35,000,000.00 to be charged to the premium reserve without changing the nominal amount.
On Mai 11, 2009, the repayment amount of each outstanding registered AA and AB share or bearer share B of LYCOS Europe N.V. in the nominal amount of EUR 0.01 (jointly referred to as the "LYCOS Europe Shares"), which also grants an entitlement to repayment, totalling EUR 0.1123 per LYCOS Europe Share shall be paid to those shareholders who are registered as holders of LYCOS Europe Shares on the evening of May 4, 2009.
The bearer shares B of LYCOS Europe N.V. in the nominal amount of EUR 0.01 each shall be admitted for trading on the segment of the Regulated Market with additional follow-up obligations concerning admission to the Frankfurt Stock Exchange (Prime Standard) on May 5, 2009 as an "ex-capital repayment".
In the Netherlands capital repayment is not subject to tax.
Investors who are liable to pay tax outside the Netherlands are advised to contact a tax consultant concerning the tax treatment of the capital repayment.
end of announcement euro adhoc
Further inquiry note:
Jochen Hög
Tel.: +49 (0)5241-80-71244
E-Mail: jochen.hoeg@lycos-europe.com
Branche: Software
ISIN: NL0000233195
WKN: 932728
Index: Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Euronext - Paris / free trade
Börse München / free trade