Ad-hoc | 18 November 2009 08:41
XING AG / Miscellaneous
18.11.2009
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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XING AG (ISIN: DE000XNG8888) was informed today that Burda Digital GmbH has
purchased a total of 1,323,041 XING shares from Cinco Capital GmbH.
The share price was EUR36.50 per share. This gives Burda Digital GmbH a
25.1% share of the company. The transfer of the shares and payment of the
purchase price are delayed pending approval by the German Federal Cartel
Office. The XING AG Executive Board welcomes the new shareholder, and
believes Burda Digital GmbH to be an excellent partner for the further
strategic direction of the company.
Patrick Möller
Director Investor Relations
Gaensemarkt 43
20354 Hamburg
Germany
Tel. +49 40 419131-793
Fax +49 40 419131-44
investor-relations@xing.com
18.11.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: XING AG
Gänsemarkt 43
20354 Hamburg
Deutschland
Phone: +49 (0)40 419 131-793
Fax: +49 (0)40 419 131-11
E-mail: investor-relations@xing.com
Internet: www.xing.com
ISIN: DE000XNG8888
WKN: XNG888
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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