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Leonardo Venture GmbH & Co. KGaA

EANS-Adhoc:
Leonardo Venture: Filing of action for damages against the former general partner and its managing directors

24.03.2009 – 15:16

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
24.03.2009
Leonardo Venture GmbH & Co. KGaA has filed the action for damages - 
as already announced - against the former general partner Leonardo 
Venture Capital GmbH and its former managing directors Prof. Dr. 
Köglmayr and Prof. Dr. Wupper-feld, as well as its current managing 
director Mr. Koop, with the District Court in Mannheim.
The filing of the action as of today´s date has taken place as the 
respondents had not reacted to the draft of the claim for damages 
dispatched on March 5, 2009. This draft granted them a statutory 
deadline of ten days to reach an out-of-court settlement of the 
matter.
The action for damages is the consequence of various breaches of duty
by the management of the general partner, which the Supervisory Board
of Leonardo Venture GmbH & Co. KGaA uncovered in the course of the 
2008 business year. The claim is based on the joint and several 
liability of Leonardo Venture Capital GmbH and its managing 
directors; it comprises damages provisionally set at approximately 5 
million euros.
About Leonardo Venture GmbH & Co. KGaA Leonardo Venture is a Venture 
Capital financier that focuses on companies dealing in the areas of 
health and life quality enhancement in Germany and German speaking 
countries abroad. Leonardo Venture invests as an "early stage" 
financier with its own resources in companies. Thereby investing not 
only its capital but also providing its know how, contacts and its 
network.
end of announcement                               euro adhoc

Further inquiry note:

Sandra Schwarz
Telefon: +49 (0)621 438 430 27
E-Mail: schwarz@leonardoventure.de

Branche: Financial & Business Services
ISIN: DE0005878763
WKN: 587876
Börsen: Börse Frankfurt / regulated dealing/prime standard

Plus de actualités: Leonardo Venture GmbH & Co. KGaA
Plus de actualités: Leonardo Venture GmbH & Co. KGaA