euro adhoc: MatchNet plc
Earnings Forecast
MatchNet plc closes
capital raise
MatchNet plc announces guidance for fiscal year 2004 (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Los Angeles, January 14th, 2004 - MatchNet plc (MHJG: Frankfurt Stock Exchange - Prime Standard), one of the largest providers of online personals worldwide, announced the closing of a capital raise to support the announced acquisition of a jewish competitor. The capital raise of 600,000 shares was placed with the institutional investors Jacob Internet Fund and Fidelity Investments at a price of EUR 4.80 per share. The total of outstanding shares is now 20,587,112 shares.
MatchNet plc expects revenues for fiscal 2004 to be between $65 million and $70 million (USD). MatchNet expects EBITDA for the 2004 fiscal year to be between $12 million and $16 million (USD).
The Company will provide operating highlights for fourth quarter 2003 and discuss current initiatives during a live teleconference on Wednesday, January 14, 2004 at 7:30 a.m. Pacific time (US & Canada), 3:30 p.m. London and 4:30 p.m. Frankfurt time. Call Title is: "MatchNet Q4 2003 Highlights & Current Initiatives". Toll-Free access number is: (United States): 888-273-9887 International access number is: +1-612-332-0802 For More Information: Elmar Bob + 49 69 74 09 37 88 Elmar@MatchNet.com
end of announcement euro adhoc 14.01.2004
Further inquiry note:
Elmar Bob
+ 49 69 74 09 37 88
Elmar@MatchNet.com
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