Ad-hoc | 4 September 2002 08:00
Rhein Biotech N.V.
english
Rhein Biotech seeks transfer to the Frankfurt Geregelter Markt
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Rhein Biotech announced today that its managing and supervisory boards have
decided to seek a transfer of its listing on the Neuer Markt to the Geregelter
Markt Frankfurt. This decision to change segment has been prompted by the
successful takeover of Rhein Biotech by Berna Biotech AG on 1 August 2002. Berna
Biotech (Swiss Exchange: BBIN) now holds 92.2 percent of Rhein Biotech’s share
capital and voting rights. The current low free-float of under 8 percent no
longer stands in relation to the relatively high costs associated with a listing
on the Neuer Markt.
The official application will be submitted to the Deutsche Börse in writing
today. The last trading day at the Neuer Markt is expected to be Friday the 20th
of September. Rhein Biotech will furthermore evaluate the modalities and
consequences of a future de-listing from the Frankfurt stock exchange
end of ad-hoc-announcement (c)DGAP 04.09.2002
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
Berna Biotech AG (Swiss Exchange: BBIN) has acquired 92.2 percent of the Rhein
Biotech share capital by means of a friendly takeover. Rhein Biotech is now a
full member of the Berna Biotech Group. The integration of the two companies
will create a leading player for innovation in vaccines. An update on the
progress of the integration will be provided by Berna Biotech in September.
For further information please contact:
Company Contact:
Marcel Jacobs
Communication Manager
Rhein Biotech N.V.
T: +31 (0)43 / 35 67 894
F: +31 (0)43 / 35 67 899
E: m.jacobs@rheinbiotech.com
Media Contact:
Carsten Heinrichs
IR-Consultant
vom Hoff Kommunikation GmbH
T: +49 (0)211 / 515 805 12
F: +49 (0)211 / 515 805 55
E: c.heinrichs@vomhoff.de
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WKN: 919544; ISIN: NL0000230324; Index: NEMAX 50
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, München, Stuttgart, Hannover
040800 Sep 02