zooplus SE — Capital/Financing Update 2010

Nov 26, 2010

News Details

Corporate | 26 November 2010 07:59

zooplus AG: Subscription period for the planned capital increase commences on November 30, 2010

zooplus AG / Key word(s): Capital Increase

26.11.2010 07:59

• Subscription period from November 30 up to and including December 13,
  2010
• Subscription ratio 12:1 with a subscription price of EUR 42.00
• Proceeds from the issue of up to 216,099 new shares supports further
  growth and internationalization

Munich, November 26, 2010 - zooplus AG (German Securities Code (WKN)
511170, ISIN DE000511170, symbol ZO1), Europe's leading Internet retailer
for pet products, is offering its shareholders one new share for every
twelve old shares at a subscription price of EUR 42.00 in the period from
November 30 up to and including December 13, 2010. This will result in
gross proceeds from the issue of up to EUR 9,076,158.00 accruing to the
company. This is to be invested in the company's further international
growth.

In concrete terms, the funds are to be used to accelerate the expansion of,
in particular, the own brand business and international distribution. In
addition, positive effects from a substantial increase in the balance-sheet
equity ratio are expected for international procurement and European
working capital management.

For Dr. Cornelius Patt, zooplus AG's CEO and one of the company's founders,
the capital increase is a further logical step in the company's growth
strategy: 'The proceeds of around EUR 9 million are to be used to reinforce
our pan-European leadership of the online pet market, and to dynamically
drive our internationalization. That means for zooplus that we will further
increase our customer and distribution base on all of the key European
markets, and, at the same time, the speed of our company's profitable
growth.'

The company will increase its share capital from a current EUR 2,593,190.00
by a nominal up to EUR 216,099.00 to up to EUR 2,809,289.00 by partially
using its Authorized Capital 2008 by issuing up to 216,099 new, no-par
value bearer shares. The new shares have a theoretical interest in the
share capital of EUR 1.00 per share.

The full subscription offer can be downloaded online at www.zooplus.de in
the 'Investor Relations' section and was also published today in the
Börsen-Zeitung.

Company profile

zooplus was founded in 1999 and has become Europe's leading online retailer
for pet products, measured by sales and other income. In 2009 total sales
amounted to EUR 129.7 mm. Average annual growth exceeded 50% for the past
three years. The company's profitable business model has already been
introduced successfully in 17 countries. zooplus offers products for all
pet varieties as well as equine supplies. 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 18 billion within
the European Union in 2009 alone. Based on the growing trend towards
humanisation of pets in western industrialised countries, pet owners are
adapting their purchasing behavior 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.

Online: http://investors.zooplus.com/en/welcome/

Contact Investor Relations:
cometis AG
Henryk Deter / Dominic Großmann
Tel.: +49 (0)611-205855-15
Fax: +49 (0)611-205855-66
E-mail: grossmann@cometis.de

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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 Düsseldorf, Berlin, Stuttgart

End of Announcement DGAP News-Service

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