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.
20.11.2009
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 7,500,000.00 to be charged to the premium reserve without changing the nominal value of shares.
On December 14, 2009, the repayment amount of each outstanding registered AA and AB share or bearer share B of LYCOS Europe N.V. with a nominal amount of EUR 0.01 each (jointly referred to as the "LYCOS Europe Shares") shall be paid to those shareholders who are registered as holders of LYCOS Europe Shares on the evening of December 7, 2009. The amount payable shall be EUR 0.024 per LYCOS Europe Share.
The bearer shares B of LYCOS Europe N.V. with a nominal value of EUR 0.01 each shall be traded on the segment of the Regulated Market of the Frankfurt Stock Exchange (General Standard) on an "ex-capital repayment" basis from December 8, 2009.
Investors who are liable to pay tax are advised to contact a tax consultant concerning the tax treatment of the capital repayment.
LYCOS Europe N.V. The Management Board
end of announcement euro adhoc
Further inquiry note:
Jochen Hög
Investor Relations Manager
LYCOS Europe N.V.
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: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
Euronext Paris / free trade
München / free trade