Derby Cycle AG

EANS-Adhoc: Derby Cycle AG: Amendment of the Business Combination Agreement with Pon and announcement of a Squeeze-Out request by Pon Holding Germany GmbH

  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.

Cloppenburg, 28 May 2012 - Derby Cycle AG and Pon Holdings B.V. ("Pon"), a
company with registered seat in the Netherlands, as well as Pon Holding Germany
GmbH, a fully owned subsidiary of Pon, today agreed upon the amendment of the
Business Combination Agreement ("BCA") dated 21 September 2011. The BCA
contained, inter alia, a provision that provides for Derby Cycle AG remaining an
independent, stock exchange listed company for a period of 18 months, commencing
with the announcement of the takeover offer by Pon. Today, the management board
of Derby Cycle AG decided, with the consent of the supervisory board, to agree
to the amendment of the BCA. According to the amendment, the principal
shareholder of Derby Cycle AG, Pon Holding Germany GmbH, will now be allowed to
request the transfer of all shares held by the minority shareholders to the
principal shareholder in return for payment of an appropriate cash compensation
pursuant to sec. 327a of the German Stock Corporation Act (Aktiengesetz - AktG)
already before the aforementioned 18-months-period has ended.

Pon Holding Germany GmbH informed Derby Cycle AG about its intention to submit a
request according to sec. 327a AktG to have the shareholders meeting of Derby
Cycle AG resolve upon the transfer of all shares of minority shareholders to Pon
Holding Germany GmbH in return for payment of an appropriate cash compensation
immediately after the amendment of the BCA agreed today that is presumably on 29
May 2012.

Further information:
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

Henryk Deter / Claudius Krause
Telefon: +49 (0)611-20 58 55-13

end of announcement                               euro adhoc 

issuer:      Derby Cycle AG
             Siemensstr. 1-3
             D-49661 Cloppenburg
phone:       +49-4471-966-238
FAX:         +49-4471-966-44820
sector:      Consumer Goods
ISIN:        DE000A1H6HN1
indexes:     SDAX
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
             regulated dealing/prime standard: Frankfurt 
language:   English

Weitere Meldungen: Derby Cycle AG

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