freenet.de AG

euro adhoc: freenet.de AG
Mergers - Acquisitions - Takeovers
freenet.de AG and mobilcom AG agree to merge · Eckhard Spoerr to serve as CEO of the new company

@@start.t1@@--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------@@end@@

08.07.2005

freenet.de AG and mobilcom AG agree to merge ·Eckhard Spoerr to serve as CEO of the new company

freenet.de AG / Hamburg — The Boards of freenet.de AG and mobilcom AG today agreed to merge the two companies. The exchange ratio between freenet.de shares and mobilcom shares is determined as follows: 1.15 shares in the new company will be issued for each one (1) freenet.de share, and one (1) share in the new company will be issued for each one (1) mobilcom share. The new company will be headquartered in Büdelsdorf (German state of Schleswig-Holstein).

The parties agreed that Eckhard Spoerr, CEO of freenet.de AG, will also serve as CEO of mobilcom AG with effect from Sept. 1st, 2005 and further, that he will serve as CEO of the new company before the merger comes into effect.

The merger agreement between freenet.de AG and mobilcom AG will be attested by notary before the end of the day. The freenet.de AG Supervisory Board and the mobilcom AG Supervisory Board approved the conclusion of the merger contract earlier today. The appropriateness of the exchange ratio is still pending clearance by the court-appointed merger auditor. The conclusion of the merger agreement does not affect freenet.de AG’s plans to pay a dividend of EUR 0.35 per share for fiscal 2004.

Ad hoc release pursuant to § 15 WpHG

@@start.t2@@end of announcement                                                 euro adhoc 08.07.2005 19:52:54
--------------------------------------------------------------------------------@@end@@

ots Originaltext: freenet.de AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Andreas Neumann
Investor Relations
Tel.: +49 (0)40 51306 778
E-Mail: IR@freenet-ag.de

Branche: Online
ISIN:      DE0005792006
WKN:        579200
Börsen:    Frankfurter Wertpapierbörse
                Berliner Wertpapierbörse
                Hamburger Wertpapierbörse
                Baden-Württembergische Wertpapierbörse
                Börse Düsseldorf
                Niedersächsische Börse zu Hannover
                Bayerische Börse
                Bremer Wertpapierbörse (BWB)



Weitere Meldungen: freenet.de AG

Das könnte Sie auch interessieren: