Leonardo Venture GmbH & Co. KGaA

Leonardo Venture: Portfolio company NanoCompound announces insolvency

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

investments

Mannheim (euro adhoc) - 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.

@@start.t2@@end of announcement                                                 euro adhoc
--------------------------------------------------------------------------------@@end@@

ots Originaltext: Leonardo Venture GmbH & Co. KGaA
Im Internet recherchierbar: http://www.presseportal.ch

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



Weitere Meldungen: Leonardo Venture GmbH & Co. KGaA

Das könnte Sie auch interessieren: