Press Releases
Frogster – Update on shareholder pool
The leadership of the Frogster shareholder pool has informed Frogster Interactive Pictures AG, international publisher of massively multiplayer online games with headquarters in Berlin and subsidiaries in Berlin, San Francisco and Seoul, that the M&A advisory firm Corporate Finance Partners (CFP) was acknowledged about the intention of renowned anglo-saxonian finance investors to very shortly submit non-binding offers on the purchase of the block of shares holding just under 40% of Frogster’s shares. Since the end of 2009, a Frogster shareholder pool has been pursuing the intention to acquire an anchor shareholder and to sell them the share block significantly above the current stock price for a share price of 30 Euro. The price indications of the interested parties are above the actual stock price but notably below the minimum price of 30 Euro asked for by the shareholder pool. The pool shareholders will evaluate whether to enter into more intensive negotiations or not. In the positive event, the management anticipates that the already prepared so-called due diligence will be performed soon and afterwards negotiations between potential buyer and shareholder pool on the exact terms of the transaction will take place. Should such negotiations not be taken up by the shareholder pool or run fruitlessly, the pool will disband per June 30th as planned. The Frogster group is a Berlin-based, listed 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’ and ‘Bounty Bay Online’ Frogster has already gathered over 4.2 million registered players worldwide. Currently the Frogster group employs more than 200 staff members in the fields of game development, licensing, IT, web design and web development, product management, marketing, PR, web publishing, community management, support, sales, hosting, billing and finance/administration. Frogster’s subsidiaries Frogster America Inc. based in San Francisco, USA, Frogster Online Gaming GmbH based in Berlin, Germany, and Frogster Asia Co. Ltd. based in Seoul, Korea, market and operate their games in America, Europe and Asia respectively. Under the umbrella of Frogster Online Gaming, OnlineWelten acts as one of the widest range German language MMO and gaming portals. At Frogster Asia, the company runs its own development studio to create new virtual worlds. In 2008, Frogster was awarded as “Landmark in the Land of Ideas”, an initiative under the patronage of German Federal President Dr. Horst Köhler. The shares of the Frogster Interactive Pictures AG have been listed in the Entry Standard segment of the Frankfurt stock exchange since February 2006. Internet: www.frogster.de Frogster Interactive Pictures AG Tel +49 (0)30-28 47 01 0 Vorstand · Christoph Gerlinger (Vors.), Andreas Weidenhaupt, Dirk Weyel
Frogster – We take you to a new world!
Hardenbergstr. 9A · 10623 Berlin · Germany
Fax +49 (0)30-28 47 01 11
Web www.frogster.de
Aufsichtsratsvorsitzender · Gerhard A. Koning
Handelsregister-Nummer · B 102 897 · Amtsgericht Berlin-Charlottenburg
