Derby Cycle AG

EANS-Adhoc: Derby Cycle AG: Principal shareholder has set the cash compensation for the squeeze-out at EUR 31.56 per share; additional adjustment of its former earnings forecast for the fiscal year 2011/12

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  ad-hoc disclosure pursuant to section 15 of the WpHG 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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Company Information

09.10.2012

On 29 May 2012, Pon Holding Germany GmbH informed the Management Board of Derby
Cycle AG (ISIN DE000A1H6HN1, WKN A1H6HN) that as of this day it holds more than
95% of the share capital of Derby Cycle AG and requests in accordance with §327a
of the German Stock Corporation Act (Aktiengesetz) that the company's
shareholders meeting shall resolve upon the shares of the minority shareholders
being transferred to Pon Holding Germany GmbH in return for payment of an
appropriate cash compensation.

Today Pon Holding Germany GmbH confirmed its request of 29 May 2012 whereby the
company's shareholders meeting shall be requested to resolve upon the shares of
the minority shareholders being transferred to Pon Holding Germany GmbH in
return for payment of EUR 31.56 per share as cash compensation.

The calculation of the cash compensation is based on an updated business plan of
the company, whereby the expected EBIT margin for the fiscal year 2011/12 will
be presumably around 6% and therefore presumably below the last forecast
published by the company, which was between 7% and 8%. This is due to the
unexpected weak business in August and September which may not be compensated by
other effects, which will be subject to further discussion with the auditor
during the preparation and audit of the consolidated financial statements.
Currently, the company is not in a position to provide for a more precise
estimate of the EBIT margin achieved in the fiscal year 2011/12. 


Further information:
ISIN: DE000A1H6HN1
German Security Code Number (WKN): A1H6HN
Exchange: Regulated Market (Prime Standard), Frankfurt

Derby Cycle AG 
Siemensstrasse 1-3
49661 Cloppenburg, Germany 

< End of ad hoc announcement >


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

Henryk Deter / Claudius Krause
Telefon: +49 (0)611-20 58 55-28
E-Mail: krause@cometis.de

end of announcement                               euro adhoc 
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issuer:      Derby Cycle AG
             Siemensstr. 1-3
             D-49661 Cloppenburg
phone:       +49-4471-966-0
FAX:         +49-4471-966-44820
mail:     r.bruels@derby-cycle.com
WWW:      http://www.derby-cycle.de
sector:      Consumer Goods
ISIN:        DE000A1H6HN1
indexes:     SDAX
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
             regulated dealing/prime standard: Frankfurt 
language:   English
 



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