Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG — M&A Activity 2006

Apr 20, 2006

News Details

Ad-hoc | 20 April 2006 11:37

Ludwig Beck AG: Share placing: Wöhrl acquires 29.91 % holding in LUDWIG BECK AG

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Munich, 19 April 2006 – The management board of LUDWIG BECK AG (ISIN DE 0005199905) today announced that the Nuremberg fashion house Rudolf Wöhrl AG has acquired in a structured transaction all of the shares held by longstanding LUDWIG BECK major shareholder Karl Schleicher and another financial investor. The total placement volume – 1,005,001 shares – corresponds to a 29.91 % share of the 3.36 million no-par-value individual share certificates. That makes the Nuremberg fashion house the largest shareholder in LUDWIG BECK AG. Rudolf Wöhrl AG is a company rich in tradition that sells international brand-name fashion at 40 stores all over Germany. In financial year 2005/06 the Nuremberg company and its 2,800 employees grossed around €340 million in sales. Rudolf Wöhrl AG has been a family-owned company since it was founded. Investor Relations contact: Buchanan Capital Group Metis-Corinna Tarta +49 8151 95966-25 m.tarta@buchanan-ag.com Ludwig Beck Accounts contact: Ludwig Beck am Rathauseck Martin Gehrke +49 89 23691-788 Martin.gehrke@ludwigbeck.de (c)DGAP 20.04.2006 ————————————————————————— language: English emitter: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG Marienplatz 11 80327 München Deutschland phone: +49 (0)892 36 91-0 fax: +49 (0)892 36 91-6 00 email: info@ludwigbeck.de WWW: www.ludwigbeck.de ISIN: DE0005199905 WKN: 519990 indexes: stockmarkets: Amtlicher Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service —————————————————————————