Leonardo Venture GmbH & Co. KGaA
euro adhoc: Leonardo Venture GmbH & Co. KGaA
Mergers - Acquisitions -
Takeovers
Leonardo Venture supports equity participation VRmagic in building a
new company structure
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Company Information
16.01.2008
With the entry into the Commercial Register, VRmagic, a portfolio company of Leonardo Venture GmbH & Co. KGaA has completed its restructuring of its business activities. With a view to preparation for an IPO in the long term, the shares of VRmagic GmbH have been fully brought into VRmagic Holding AG with a valuation of EUR 42 million. This transaction was preceded by an auditor´s appraisal in December 2007. On entry in December 2005, Leonardo Venture invested EUR 4.75 million, thereby securing 25% of the shares in VRmagic GmbH.
The corporate structure of a holding corporation takes account of the broader positioning of VRmagic. Besides its established lines of business with the training simulators for eye operations and high-end camera systems, new operating fields for medical simulators will be targeted.
end of announcement euro adhoc
Further inquiry note:
Peter Alex
Head of Investor Relations
Tel.: +49 (0)621833 75 55
alex@leonardoventure.de
Branche: Financial & Business Services
ISIN: DE0005878763
WKN: 587876
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade