Ad-hoc | 6 August 2001 07:30

Vivanco Gruppe AG english

Ad hoc announcement processed and transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– 1,8 Mio. Vivanco Profit Participation Certificates successfully sold 30 Million DM Inflow of funds – High interest shown by private investors The Vivanco Gruppe AG, Ahrensburg, completed its capital transaction successfully. All together, 1.8 Million profit participation certificates were sold at 8,50 Euro each, and purchased by institutional and private investors both nationally and internationally. There was a surprisingly high interest shown by small private investors despite the weak stock market. Clearly this investor group was particularly interested in the high interest rate and conversion privilege due to the currently low valuation of the Vivanco shares. The company will use the proceeds of the issue of approximately 30 Million DM to finance its organic growth as a leading ITK (Information technology and Telecommunication) accessory supplier in Europe. The profit participation certificates offer a return of 8 percent p.a. from the year 2002 onwards which is significantly higher than the market bond rates. For the remainder of 2001, an interest rate of 5 percent p.a. will be paid. As additional incentive, the profit participation certificates carry a conversion privilege of one to one for Vivanco shares, and can be converted after the Shareholders’ meeting in 2002. The profit participation shares could be subscribed to from the 17 to the 31 of July via the Falke Bank AG, Düsseldorf, which took care of this capital transaction. The term of the profit participation certificates is 4.5 years to 31.12.2005. The majority shareholder in Vivanco, the Nord Holding Unternehmensbeteiligungsgesellschaft mbH, has subscribed to the profit participation certificates at the level of its holding of approximately 51%. end of ad hoc announcement (c) DGAP 06.08.2001 ——————————————————————————– WKN: 760290; Index: SDAX Listed: Amtlicher Handel in Frankfurt (SMAX); Freiverkehr in Berlin, Düsseldorf, Hamburg, München und Stuttgart 060730 Aug 01