Baader Bank AG — M&A Activity 2004

Jun 23, 2004

News Details

Ad-hoc | 23 June 2004 16:47

Baader acquires SMS – Sobota, Maier & Stopp Wertpapierhandels GmbH

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Baader acquires SMS – Sobota, Maier & Stopp Wertpapierhandels GmbH Unterschleissheim, June 23, 2004 Baader Wertpapierhandelsbank AG, Unterschleissheim, has acquired SMS – Sobota, Maier & Stopp Wertpapierhandels GmbH, Munich, with effect from January 1, 2004. The company manages all order books for bonds on the Munich Stock Exchange in the regulated market. It is also responsible for the continuous trading of jumbo bonds on the Munich Stock Exchange. Both companies complement each other in regard of their bond trading activities and thus will strengthen their market position. The parties have agreed not to disclose the purchase price. The Executive Board end of ad-hoc-announcement (c)DGAP 23.06.2004 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: With this acquisition, Baader Wertpapierhandelsbank AG, Germany’s leading securities trading house, is expanding its portfolio in the area of specialist activities on the Munich Stock Exchange, thus driving ahead with its strategy of diversification within its core competency of securities trading. Baader Wertpapierhandelsbank AG will also continue to play an active role in the consolidation process within the sector. ************************* Published by: Baader Wertpapierhandelsbank AG Contact: Nico Baader Weihenstephaner Str. 4 85716 Unterschleissheim Germany Tel. +49 (0)89/ 5150-1030 Fax +49 (0)89/ 5150-2424 Nico.Baader@Baaderbank.de http://www.Baaderbank.de ——————————————————————————– WKN: 508810; ISIN: DE0005088108; Index: SDAX Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard), München und Stuttgart; Freiverkehr in Düsseldorf, Hamburg und Hannover 231647 Jun 04