Leonardo Venture GmbH & Co. KGaA
Segment switch complete - Leonardo Venture listed in Prime Standard on the Frankfurt Securities Exchange
Mannheim (euro adhoc) -
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shares/Venture Capital / Private Equity / Investments
From today on, the shares of Leonardo Venture GmbH & Co. KGaA are listed in the Prime Standard of the Frankfurt Securities Exchange. Having been one of the first enterprises to decide on a listing in the Entry Standard in October 2005, the Company now, however, counts amongst those pioneers that have opted to switch segments into the Prime Standard. The early-stage financier last week successfully completed a capital increase. "The switch to the Prime Standard is for us a clear affirmation of our growth strategy and an investment in the future," explains Managing Director Prof. Udo Wupperfeld.
Prime Standard companies are subject to strict - internationally normal - transparency requirements, which go far beyond the scope that previously applied to Leonardo Venture. The Prime Standard is tailored to the needs of companies seeking to position themselves, especially vis-à-vis international investors, through a high level of transparency. With its switch to the Prime Standard, therefore, Leonardo Venture will be able to broaden its shareholder base significantly.
The low level of attention paid to the Entry Standard, and the limited opportunities as a result to communicate with investors, analysts and journalists, led Leonardo Venture to switch to the Prime Standard. Managing Director Prof. Hans-Georg Köglmayr has great expectations for future development: "We will be able to exploit the greater attention now paid to us. Our primary goal will be to reduce the existing valuation discount between the book value of our participations and the market capitalization of Leonardo Venture within the context of an active and open communication policy."
About Leonardo Venture GmbH & Co. KGaA
Leonardo Venture is a venture capital company focusing on enterprises in the area of healthcare and quality of life in Germany and abroad. Leonardo Venture invests its own funds directly in companies as an early-stage financier. Leonardo Venture possesses many years of expertise in development of its portfolio companies. The company is in constant contact with the portfolio businesses and helps them develop sustainably. In the past, the company has demonstrated that it is able to actively manage risks and sustainably develop its portfolio companies and thus contribute to an increase in their value. Besides realising a workable financing platform, the knowledge transfer, the strategic focus of the company and the contacts it opens up create the basis for revenue and income growth. Together with its competence network, Leonardo Venture guarantees effective venture management and rapid realisation of ambitious entrepreneurial goals. Shares of Leonardo Venture GmbH & Co. KGaA are listed in the Prime Standard of the Frankfurt securities market under the identification code L3V and ISIN DE0005878763
Disclaimer
This announcement is neither an offer to purchase nor a solicitation to make an offer to purchase shares or other securities. The offer in Germany will be made exclusively by means of and on the basis of the published prospectus. The prospectus is published on the Leonardo Venture GmbH & Co. KGaA website. Printed copies are available in Germany from the Company and quirin bank AG free of charge.
This announcement is neither an offer to purchase securities nor a solicitation to make an offer to purchase shares or other securities in the United States. Shares in Leonardo Venture GmbH & Co. KGaA (the "Shares") may not be offered or sold in the United States or to, or for the account of, any US person (as such term is defined in Regulation S of the US Securities Act of 1933 as amended (the `Securities Act´)) absent registration or an exemption from registration under the Securities Act. The Shares have not and will not be registered under the Securities Act.
end of announcement euro adhoc 29.10.2007 14:37:56
Further inquiry note:
Peter Alex
Tel: ++49 (0) 621-833 7 555
Alex@LeonardoVenture.de
Branche: Financial & Business Services
ISIN: DE0005878763
WKN: 587876
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade