ebookers plc
Ad hoc-Service: ebookers.com PLC Englisch

Ad hoc-Mitteilung verarbeitet und übermittelt durch die DGAP. Für den Inhalt der Mitteilung ist der Emittent verantwortlich. —————————————————————————— EBOOKERS.COM COMPLETES ACQUISITION OF FLIGHTBOOKERS PLC – Acquisition secures ebookers.com’s position as a leading online retailer of negotiated-rate discount fares – London, England, 16th November 2000. ebookers.com (NASDAQ: EBKR, Neuer Markt eb6), Europe’s leading online travel company, announced today that it has completed the acquisition of Flightbookers plc. In accordance with the acquisition terms, 50% of the $15m consideration is being paid immediately on completion, in new ebookers.com ordinary shares. In accordance with the terms of the call option agreement for the acquisition of Flightbookers plc, set out at the time of ebookers.com’s IPO in 1999, the number of shares to be delivered in satisfaction of the Exercise Price was determined according to the average closing price quoted on NASDAQ from 5th October to the 1st November 2000 inclusive. This average excluded the two highest and two lowest closing prices. Consequently, the equivalent of 1.5 million additional ADSs have been issued today at a price of $US 5.0 each (rounded from $US 4.9979). The non-executive directors have ruled that the other 50% of the consideration will be payable, within two years, in either shares or cash. This is subject to stringent terms and conditions to ensure that no cash payment is made unless ebookers.com achieves positive cash-flow or additional shareholder funds are raised. Currently, ebookers-com has no plans to raise additional funds. Shares outstanding With the completion of the aforementioned transaction, the total number of ordinary shares outstanding is now 226,447,644. Following the 10 for 1 share Split of 26 April 2000, 1 ADS equals 10 ordinary shares. Therefore, if all ordinary shares were converted into ADSs, the maximum number of ADSs on issue would currently be 22,644,764. For further information: ebookers.com Oliver Strong, Investor Relations Executive: +44 (0) 20 7489 2239 oliverstrong@ebookers.com +44 (0)7771 934 153 Jennifer Evans, Public Relations Manager +44 (0) 20 7489 2222 jennifer.evans@ebookers.com +44 (0) 7775 713 262 GCI Financial: (UK) +44 (0)20 7398 0800 Richard Sunderland, Nick Lambert rsunderland@gcifinancial.com / nlambert@gcifinancial.com Makovsky & Co. (USA) +1 (0) 212 508 9651 Mac McNeer/ Emmanuelle Thiney mmcneer@makovsky.com / ethiney@makovsky.com Kirchhoff Consult (Germany) +49 40 609 186 20 Frank Schwarz frank.schwarz@kirchhoff.de Ende der Mitteilung