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DGAP-Adhoc: ADC: Transformation into stock corpora

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Post# of 301275
Posted On: 07/26/2013 4:45:21 AM
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Posted By: News Desk 2018
DGAP-Adhoc: ADC: Transformation into stock corporation (AG) completed ++ Commencement of trading in the Entry Standard of the Frankfurt Stock Exchange

ADC African Development Corporation GmbH & Co. KGaA / Key word(s): Miscellaneous 26.07.2013 10:36 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The transformation of ADC African Development Corporation GmbH & Co. KGaA, ISIN DE000A1E8NW9, into a stock corporation (AG) was successfully completed today with its entry into the commercial register of the Local Court of Frankfurt am Main. The unchanged Supervisory Board under the chairmanship of Alastair Newton will resume its work in the newly formed stock corporation. The existing Managing Director of the General Partner, Dirk Harbecke, has been appointed to the Management Board (Vorstand) of ADC African Development Corporation AG. Trading of ADC African Development Corporation GmbH & Co. KGaA's shares in the Prime Standard of the Frankfurt Stock Exchange will cease today after the close of trading. The inclusion as well as the immediate resumption of trading of ADC African Development Corporation AG's shares in the Entry Standard of the Frankfurt Stock Exchange will commence on Monday, 29 July 2013. About ADC ADC African Development Corporation (ADC) (ISIN: DE000A1E8NW9; Bloomberg: AZC.GR, www.african-development.com), is a German listed, emerging pan-African banking group. ADC has a strong footprint in Southern Africa via BancABC, a regional commercial banking platform operating in Botswana, Mozambique, Tanzania, Zambia and Zimbabwe as well as in West Africa via Union Bank of Nigeria. Parallel to its banking operations, ADC has a private equity portfolio active in growth markets across sub-Saharan Africa. ADC follows an active management approach with a team of experts that comprise operational banking management, investment banking and merchant banking expertise. ADC optimizes its risk-return profile through a political risk insurance solution offered by the MIGA (World Bank Group). Contact: Investor Relations investor-relations@african-development.com T +49 69 719 12 80 119 26.07.2013 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: ADC African Development Corporation GmbH & Co. KGaA Grüneburgweg 18 60322 Frankfurt/Main Germany Phone: +49 69 719 12 80 119 Fax: +49 69 719 12 80 999 E-mail: info@african-development.com Internet: www.african-development.com ISIN: DE000A1E8NW9 WKN: A1E8NW Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf End of Announcement DGAP News-Service ---------------------------------------------------------------------------



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