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SLEEPZ AG — Board/Management Information 2011
May 11, 2011
5817_rns_2011-05-11_f43e9c93-66c2-45a5-8300-9da1a16732d3.html
Board/Management Information
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Ad-hoc | 11 May 2011 14:43
bmp AG: focus on media & marketing services investment business
bmp AG / Key word(s): Restructure of Company
11.05.2011 14:43
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
bmp AG: focus on media & marketing services investment business
Berlin, 11 May 2011
bmp AG (ISIN DE0003304200) has decided to concentrate exclusively on the
investment business in the area of media & marketing services and in so
doing to outsource its investment management to the existing subsidiary bmp
Beteiligungsmanagement AG. bmp AG therefore intends proposing a name change
to bmp media investors AG at the Ordinary Shareholders' Meeting on 22 June
2011. The transfer of employees is to take place on 1 July and at the same
time Jens Spyrka, who until now has been responsible for the investment
business in the area of media & marketing services, is to be appointed to
the Board of Management of bmp AG.
As well as the employees the subsidiary bmp Beteiligungsmanagement AG will
also take on the fund investment business (primarily König & Cie.) and the
consultation of bmp media investors AG and BFB Frühphasenfonds Brandenburg
as of 1 July 2011. It is expected to be listed in the Open Market on 4 July
2011. bmp AG intends to withdraw completely from bmp Beteiligungsmanagement
AG via the stock exchange in the medium term.
This step will enable future bmp media investors AG to concentrate its
entire strength on the investment business in the area of media & marketing
services. All investments will then be held directly by bmp, thereby
considerably increasing the focus and transparency of the company. As
before the investment company is to comprise the investment phases seed and
start-up and be supplemented by growth capital (expansion). At the same
time the aim is also to make investments by issuing bmp shares.
These measures will result in all resources of bmp AG being used for
investments in the target segment. At the same time the company's cost
structure will be markedly reduced and be directly dependent on the funds
managed, thereby facilitating faster and more profitable growth. bmp
expects the separation from bmp Beteiligungsmanagement AG to generate
revenue of over EUR 1 million in this year alone.
The Board of Management of bmp AG expects these measures to bring about a
sustained improvement in market visibility and shareholder value for the
shareholders of bmp. As an initial goal an increase in bmp's market
capitalisation to EUR 30-50 million is being targeted by the end of 2012.
bmp continues to expect good business performance in 2011.
Information and Explaination of the Issuer to this News:
For further information:
Corinna Riewe
Investor Relations
[email protected]
Phone: +49-30-20 30 5 567
Fax: +49-30-20 30 5 555
bmp AG, Schlüterstraße 38, D-10629 Berlin
http://www.bmp.com
International securities identification number (ISIN): DE0003304200
This ad hoc report represents neither an offer nor a request for an offer
for the purchase of securities to be submitted - especially not in the USA
and not in countries or jurisdictions in which an offer, a request for an
offer for the purchase of securities to be submitted or the sale of
securities would not be permitted under the prevailing Securities Law
without prior registration or listing.
This ad hoc report represents neither an offer for the sale of shares made
out to the bearer nor a request for an offer for the purchase of shares to
be submitted. It is for information purposes only.
11.05.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: bmp AG
Schlüterstraße 38
10629 Berlin
Deutschland
Phone: +49 (0)30 20 305-0
Fax: +49 (0)30 20 305-555
E-mail: [email protected]
Internet: www.bmp.com
ISIN: DE0003304200
WKN: 330420
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart; Warschau
End of Announcement DGAP News-Service