Prout AG
Prout AG: New Investor in Hudson Bike GmbH
PROUT AG / Preliminary Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Hudson Bike GmbH, Nürnberg is an affiliate company of Prout AG. Following the divestiture of the 30 % share in Hudson Bike GmbH previously held by former co-investor BlueCap AG, Munich, a private held investment company , has made an investment in Hudson Bike GmbH in the form of a convertible loan. The new investor was granted an option to convert the loan into equity equaling a maximum of 30 % of the share capital of Hudson Bike GmbH. Both the loan and the conversion right have a term until 31 December, 2010. Thus, PROUT AG now holds 100 % of the shares in Hudson Bike GmbH, subject, however, to the exercise of the a.m. conversion right. In case the loan is converted into equity in full, PROUT AG will again - and as before - hold 70 % of the shares in Hudson Bike GmbH. 16.01.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: PROUT AG Röntgenstraße 3 64291 Darmstadt Deutschland Phone: +49 (0)6151 930-711 Fax: +49 (0)89 450816799 E-mail: schoeck@prout.de Internet: www.prout.de ISIN: DE000A0BVXK3 WKN: A0BVXK Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
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