Corporate | 13 July 2011 16:16
zooplus AG / Key word(s): Corporate Action/Capital Increase
13.07.2011 / 16:16
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Munich, July 13, 2011 - The AGM of zooplus AG (German Securities
Identification Number / WKN 511170, ISIN DE0005111702, Ticker symbol ZO1),
Europe's leading pet supplies online retailer, approved an increase of its
share capital from company funds on May 26, 2011, among other agenda items.
The resolution concerning the capital increase has been entered in the
company's commercial register (HRB 125080) at the Munich Regional Court
with effect as of today, and the share capital has been increased by EUR
2,809,289.00, from EUR 2,809,289.00 to EUR 5,618,578.00.
The company's shareholders are entitled by law to the new ordinary shares
in a 1:1 ratio, as a consequence of which one (1) new ordinary share is
additionally attributable to each one (1) existing ordinary share. Share
ownership relationships remain unchanged as a result of the transaction.
The new ordinary shares are fully dividend-entitled from January 1, 2011.
Company profile:
zooplus was founded in 1999 and has established itself as Europe's leading
online retailer for pet products, measured by sales and other income. In
2010, total sales amounted to EUR 194 mm and, therefore, have increased
fivefold during the last 5 years. At the same time, the company generated
EBIT operating earnings of EUR 3.3 mm in 2010. The company's business model
has already been introduced successfully in 18 countries. zooplus offers
products for all pet varieties. Its product range comprises foods (dry and
wet pet foods, pet food supplements such as chewing bones and snacks) as
well as pet accessories (such as cat trees and toys) over a wide range of
categories. In addition to a broad selection of over 7,000 products,
zooplus customers benefit from online veterinary consultations as well as a
number of other interactive features. Pet products represent a significant
market segment of the European consumer retail space. Overall revenues from
pet food and accessories amounted to EUR 19 billion within the European
Union in 2010 alone. Based on the growing trend towards humanization of
pets in western industrialized countries, pet owners are adapting their
purchasing behaviour in favour of health, wellness and other premium
products. In addition, European eCommerce is expected to enjoy sustained,
strong growth in the years to come. zooplus expects a continuation of the
company's dynamic growth.
Online: http://investors.zooplus.com/en/welcome/
Contact Investor Relations:
cometis AG
Dominic Großmann
Tel.: +49 (0)611-205855-15
Fax: +49 (0)611-205855-66
E-mail: grossmann@cometis.de
End of Corporate News
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Language: English
Company: zooplus AG
Sonnenstraße 15
80331 München
Deutschland
Phone: +49 (0)89 95 006 - 100
Fax: +49 (0)89 95 006 - 500
E-mail: contact@zooplus.com
Internet: www.zooplus.de
ISIN: DE0005111702
WKN: 511170
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
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131937 13.07.2011