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Abonner Leonardo Venture GmbH & Co. KGaA

Leonardo Venture GmbH & Co. KGaA

Leonardo Venture: Portfolio company NanoCompound announces insolvency

Mannheim (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
investments
NanoCompound Holding AG has filed an
application for the opening of insolvency proceedings with Aachen 
District Court. These proceedings concern both NanoCompound Holding 
AG and NanoCompound GmbH - both of which have their registered office
in Germany. A provisional insolvency administrator has not been 
appointed yet. Currently the District Court is checking this 
application.
Leonardo Venture GmbH & Co. KGaA has held a share in the NanoCompound
Group since May 2005. As detailed in the ad-hoc announcement of 19 
November 2008, Leonardo Venture has already written off in full its 
37.05% holding in NanoCompound. This step was necessitated by major 
problems in the company´s corporate and business development, which 
resulted the depletion of liquidity.
About Leonardo Venture GmbH & Co. KGaA
Leonardo Venture GmbH & Co. KGaA is a holding company focusing on 
companies in the fields of health and life quality in Germany and 
other German-speaking countries. As an early-phase investor Leonardo 
Venture not only makes available capital but also extensive know-how 
to its investments for their business development.
end of announcement                               euro adhoc

Further inquiry note:

Sandra Schwarz
Telefon: +49 (0)621 438 430 27
E-Mail: schwarz@leonardoventure.de

Branche: Financial & Business Services
ISIN: DE0005878763
WKN: 587876
Börsen: Börse Frankfurt / regulated dealing/prime standard

Plus de actualités: Leonardo Venture GmbH & Co. KGaA
Plus de actualités: Leonardo Venture GmbH & Co. KGaA