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Spark Networks plc

euro adhoc: Spark Networks plc
Restructuring & Recapitalisations
Spark Networks(R) to Reorganize in the United States

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
06.07.2007
- Scheme of Arrangement Receives U.K. High Court Approval -
BEVERLY HILLS, Calif., July 6 -- Spark Networks plc (MHJG: Prime 
Standard Frankfurt, Amex: LOV), a leading provider of online 
personals services, announced that today the High Court of Justice in
England and Wales has approved the Scheme of Arrangement under U.K. 
law through which Spark Networks plc will become a subsidiary of 
Spark Networks, Inc., a Delaware corporation.
It is anticipated that the effective date of the reorganization will 
be July 9, 2007. On the effective date, the U.K. Company's shares -- 
including ordinary shares, Global Depositary Shares (GDSs) and 
American Depositary Shares (ADSs) -- will be cancelled and ordinary 
shareholders, GDS holders and ADS holders will each receive one share
of common stock of Spark Networks, Inc. for each ordinary share (or 
depositary share) that they currently own.
Also, on the effective date, shares of common stock in Spark 
Networks, Inc. will be listed for trading on the American Stock 
Exchange under ticker symbol "LOV" (the current ticker symbol for 
Spark Networks plc) and the ADSs will cease trading on the American 
Stock Exchange. The quotation and admission for trading of the GDSs 
on the Frankfurt Stock Exchange are expected to expire within 48 
hours after the effective date.
About Spark Networks plc:
Spark Networks plc's American Depository Shares trade on the American
Stock Exchange under the symbol "LOV," and its Global Depositary 
Shares trade on the Frankfurt Stock Exchange under the symbol "MHJG."
The Spark Networks portfolio of consumer websites includes, among 
others, JDate(R).com (http://www.jdate.com), AmericanSingles(R).com (
http://www.americansingles.com), BlackSingles.com(R) ( 
http://www.blacksingles.com), and ChristianMingle(R).com ( 
http://www.christianmingle.com).
end of announcement                               euro adhoc 06.07.2007 18:59:57

Further inquiry note:

investors, Mark Thompson, +1-323-836-3000, ext. 4015,
mthompson@spark.net, or media, Gail Laguna, +1-323-836-3000, ext. 4402,
glaguna@spark.net, both of Spark Networks plc

Branche: Electronic Commerce
ISIN: US8465131097
WKN: A0DPY1
Index: Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade

Plus de actualités: Spark Networks plc
Plus de actualités: Spark Networks plc