+++ Press Release +++
Berlin, 06/09/2011: Signed on 13/05/2011 between Frogster and Gameforge and approved on 28/06 at Frogster’s annual shareholder meeting, the Domination and Profit Transfer Agreement naming Frogster as the dominated and transferring party was entered into the commercial register on 29/08/2011. The shareholders’ decision was not challenged.
Frogster’s executive board assumes that the shares will no longer be traded via Xetra and on the Open Market of the Frankfurt Stock Exchange as of 01/10/2011 because the specialist and the filing bank required for such trade are discontinuing their services due to the little remaining free float.
Karlsruhe-based Gameforge AG, which is the majority shareholder of Frogster Interactive Pictures AG, has offered Frogster shareholders two separate cash compensation options for their Frogster shares at a price of 26.00 euros per share.
The cash compensation option regarding the termination of the inclusion of Frogster shares in the Entry Standard is limited in time. The period of acceptance commenced on the 13 th of July 2011 and lapses at the close of the 13 th of September 2011. More detailed information is available to shareholders from their depository bank.
The cash compensation option regarding the Domination and Profit Transfer Agreement is also limited in time. The period of acceptance commenced on the 1 st of September 2011 and lapses at the close of the 31 st of October 2011. More detailed information is available to shareholders from their depository bank.
Contact: Frogster Interactive Pictures AG, Tel. +49 (0)30-28 47 01-0
Frogster – We take you to a new world!
The Frogster group is a Berlin-based international publisher of online games. Frogster focuses on the marketing and operation of virtual worlds, so-called massively multiplayer online games – one of the strongest growing sectors in the entertainment industry. With its top titles ‘Runes of Magic’, ‘Mythos’ and ‘Bounty Bay Online’ Frogster has already gathered over 6 million registered players worldwide. Three other ambitious MMO games, ‘TERA’, ‘Eligium – The Chosen One’, and ‘RaiderZ’, are slated for release in 2012. Frogster also intends to enter into the rapidly growing market of browser games with ‘Throne of Fire’ and ‘Bounty Bay Live’ shortly. Currently the Frogster group employs more than 200 staff members in the fields of licensing, IT, web design and web development, product management, business development, marketing, PR, community management, support, sales, hosting, billing and finance/administration. Frogster’s subsidiaries Frogster Online Gaming, Frogster America and Frogster Pacific market and operate their games in Europe, America and Oceania respectively. Internet: www.frogster.de