Derby Cycle AG

EANS-News: Derby Cycle celebrates successful IPO

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Financing, Stock Offerings (IPO)

Cloppenburg (euro adhoc) - (NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA, JAPAN, CANADA AND AUSTRALIA)

- Company lists today on the Prime Standard of the Frankfurt Stock Exchange - Opening price at EUR 13.15 (5.2% above the issue price)

Cloppenburg, February 4, 2011 - Derby Cycle AG has today listed on the Prime Standard of the Frankfurt Stock Exchange. The company is Germany's largest manufacturer of bicycles and one of the leading manufacturers in Europe in terms of sales. The shares can be traded from today under ISIN DE000A1H6HN1 and German Securities Identification Number (WKN) A1H6HN. Derby Cycle AG's initial listed price was EUR 13.15 (around 5.2% above the fixed issue price of EUR 12.50).

A total of 7,500,000 ordinary no par value bearer shares were admitted to trading. Consequently, the company's market capitalisation amounted to EUR 98.6 million at its market debut.

"This represents a wonderful success for us. We are pleased that the IPO has been so successful. The business model was well accepted by investors both in Germany and abroad. We aim to use the proceeds from the capital increase to now intensify our planned further corporate growth, the expansion of our successful business with electric bicycles, and our internationalisation," stated Mathias Seidler, Derby Cycle AG's CEO. "Our solid financial structure, and our leading market position in Germany with our five high-quality bicycle brands, Focus, Kalkhoff, Univega, Raleigh and Rixe, form an outstanding foundation for this," Seidler went on to add.

The company will publish its report for the first quarter 2010/2011 on its website at www.derby-cycle.com prospectively on February 24, 2010.

Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Derby Cycle AG (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the Securities Act of 1933, as amended (the "Securities Act")) absent registration or an exemption from registration under the Securities Act. The Shares have not been and will not be registered under the Securities Act. No offer or sale of securities is being made to the public outside Germany. The offer in Germany will be made exclusively by means of and on the basis of a prospectus published on the website of Derby Cycle AG www.derby-cycle.com. This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) above together being referred to as "relevant persons"). The securities are only available to, and any invitation, offer or agreement to subscribe for, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

Company profile: In terms of revenues, the company is the largest bicycle manufacturer in Germany and one of the leading manufacturers in Europe. The Derby Cycle Group´s top-quality product range includes e-bikes, sport bikes for leisure cycling and competition, and comfort bikes for every day and travel use. These are sold using the well-established brands of Kalkhoff, Focus, Raleigh, Univega and Rixe. Derby Cycle sells models under each of its brands that are tailored to different target groups. All of the models are developed in Germany, the frames are made by contract manufacturers in Asia, the further components, such as forks, rechargeable batteries and gears are bought in and assembled in Cloppenburg. Derby Cycle attaches great value to the high quality of its bicycles and a differentiated brand presence. This allows Derby Cycle to sell its products via specialist retailers, who offer their customers professional advice and extensive service. They are thus the most important sales channel for normal bicycles and e-bikes.

In fiscal year 2009/2010 Derby Cycle recorded revenues of EUR 173 million with an average of approx. 550 employees. Of this figure, it recorded 72.6% in Germany and 27.4% abroad. Derby Cycle sold a total of around 430,000 bicycles last fiscal year, including around 44,000 e-bikes.

On the Internet at: www.derby-cycle.de

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Further inquiry note: cometis AG Unter den Eichen 7 65195 Wiesbaden

Henryk Deter Susanne Gremmler Telefon: +49 (0)611-20 58 55-13 Telefon: +49 (0)611-20 58 55-23 E-Mail: deter@cometis.de E-Mail: gremmler@cometis.de

Branche: Machine Manufacturing
ISIN:      DE000A1H6HN1
WKN:        A1H6HN
Börsen:  Frankfurt / regulated dealing/prime standard



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