C-QUADRAT Investment AG

EANS-Adhoc: C-QUADRAT Investment AG
C-QUADRAT intends to acquire UK Fund Management Company

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  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
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02.07.2012

Vienna / Frankfurt, 02.07.2012. C-QUADRAT Investment AG (ISIN AT0000613005)
announces that a term sheet was signed on the possible acquisition of 100% of
the shares in BCM (Luxembourg) SA and thus on the direct or indirect acquisition
of 100% of the shares in the UK Fund Management Company BCM & Partners LLP
("BCM-Group"). 

BCM-Group is a London domiciled independent Asset Manager with focus on Credit
Funds (Convertible Funds, High Yield Funds), Multi Asset Class Funds und Fund of
Funds. Currently BCM-Group manages assets of approximately EUR 800 million. 

The purchase price, which is subject to negotiations, would be an amount
corresponding to approximately 10% of the market capitalization of C-QUADRAT. It
is further intended to agree on a price-adjustment-clause, which could become
effective after 3 ¾ years and could lead to an increase or a reduction of up to
30%. C-QUADRAT plans to finance the intended takeover with equity, partially
with treasury shares, as well as with debt.

With this intended acquisition C-QUADRAT aims at the continuation of its
strategy of continuous growth in Asset Management as its core business and the
increase of diversification of its current product range.

Subject to completion of due diligence to the satisfaction of 
C-QUADRAT and successful negotiation of the transaction documentation, the
parties aim at a signing of the transaction still in July 2012. 

The possible transaction requires board approvals by the contracting parties and
post-signing the fulfillment of conditions precedent including approvals by the
UK Financial Services Authority (FSA), London. In today's extraordinary board
meeting C-QUADRAT's supervisory board has basically agreed on the possible
acquisition. 

According to § 171 (1) Austrian Stock Corporation Act (Aktiengesetz) C-QUADRAT's
management board has to publish a report regarding the intended sale of treasury
shares including the exclusion of the subscription right two weeks prior to the
necessary approval through resolution of the supervisory board. 

Subject to signing still in July, the parties aim at completing the transaction
during Q3 2012.


Further inquiry note:
StB Mag. Roland Starha
Member of the Board
C-QUADRAT Investment AG
Stubenring 2
A-1010 Vienna
Tel.: +43 1 515 66 317
Mail: ir@c-quadrat.com 
www.c-quadrat.com

end of announcement                               euro adhoc 
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issuer:      C-QUADRAT Investment AG
             Stubenring 2
             A-1010 Wien
phone:       +43 1 515 66-0
FAX:         +43 1 515 66-159
mail:     c-quadrat@investmentfonds.at
WWW:      www.c-quadrat.at
sector:      Financial & Business Services
ISIN:        AT0000613005
indexes:     Standard Market Auction
stockmarkets: official market: Frankfurt, Wien 
language:   English
 



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