Corporate | 20 April 2016 19:07

Change of the major shareholder of Intershop Communications AG

DGAP-News: Intershop Communications AG / Key word(s): Miscellaneous

2016-04-20 / 19:07
The issuer is solely responsible for the content of this announcement.

Jena, 20 April 2016 – The Intershop Communications AG (ISIN: DE000A0EPUH1) has gained a new major shareholder. The longstanding shareholder eBay Enterprise Inc. (formerly GSI Commerce Solutions Inc.) has sold its stake in the amount of 24.9% in voting rights in Intershop Communications AG. The new owner of this stake is Shareholder Value Management AG based in Frankfurt. The eBay Group had acquired the Intershop shares in the course of the take-over of GSI Commerce Solutions Inc. in 2011. After the sale of eBay Enterprise Inc. as part of the strategic realignment of the Group to private equity investors, the Intershop-stake was held at disposal.

Dr. Jochen Wiechen, CEO of Intershop Communications AG: “The Shareholder Value Management AG, which already held a stake of 3% in Intershop until end of March, has accompanied us for a long time, thus knowing our business very well. We are pleased to have an experienced small cap investor joining us as major shareholder and will continue our strategic enhancement of Intershop based on an intense dialogue with our investors.”

Shareholder Value Management AG is a Frankfurt-based fund advisory company focusing on small cap stocks. Their funds invest in undervalued stocks mainly in the German speaking countries.

Investor Relations:
Heide Rausch
T: +49-3641-50-1000
F: +49-3641-50-1309
ir@intershop.de

2016-04-20 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	Intershop Communications AG
	Intershop Tower
	07740 Jena
	Germany
Phone:	+49 (0)3641-50-0
Fax:	+49 (0)3641-50-1309
E-mail:	ir@intershop.de
Internet:	www.intershop.de
ISIN:	DE000A0EPUH1
WKN:	A0EPUH
Indices:	CDAX, PRIMEALL, TECHALLSHARE
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart

End of News DGAP News Service