EANS-Adhoc: Fortune Management Inc.
Restructuring completed
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.
6-month report
28.08.2009
Ad-hoc-Message pursuant to § 15 WpHG
August 28, 2009 - Fortune Management Inc.(General Standard,ISIN USU026281027, SIN: A0BLYY) has realized the planned sale of the subgroups GATE Biodiesel and parts of the Fortune Wealth Management Group AG to well-known buyers in the first half-year of 2009. Hence, the de-consolidation in the accounting books is completed and included in the financial half-year result.
The income statement newly classified based on the restructuring discloses an operating loss of kEUR 780 (June 30, 2008: loss of kEUR 5,593), whereas the deconsolidation of the discontinued operations shows a gain of kEUR 1,334 (June 30, 2008: kEUR -6,401). The consolidated loss after taxes and minorities amounts to kEUR -3,182 (June 30, 2008: kEUR -27,256), the consolidated comprehensive income after taxes amounts to kEUR 2,404 (June 30, 2008: kEUR -29,220). The basic loss per share is 0.02 (June 30, 2008: EUR -0.22).
The company currently works to develop the remaining Fortune Group, especially the participation in Fortune Super Equity Management LLC. A significant milestone for that development will be the time of closing the first funds of Fortune Super Equity Management.
end of ad-hoc-announcement ========================================== ====================================== FORTUNE Management Inc. is a publicly listed private equity firm. The company's shares (ISIN: USU 026281027) are listed in the General Standard segment of Frankfurt Stock Exchange (symbol: FMI1) and on the NASDAQ Dubai.
end of announcement euro adhoc
Further inquiry note:
Thomas Luber
FORTUNE Management Inc.
Phone +49 69 9441 8069
IR@fortune-management.com
c/o Fortune Services Ltd
Bahnhofstrasse 10
P.O. Box 324
CH-6301 Zug
Branche: Financial & Business Services
ISIN: USU026281027
WKN: A0BLYY
Börsen: Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
Frankfurt / regulated dealing/general standard