Lloyd Fonds Aktiengesellschaft / Letter of Intent/Agreement 17.01.2008 Release of a Corporate-announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- - Lloyd Fonds AG acquiring a stake of around 20 percent in Feedback AG - Long-standing strategic partnership to be intensified - Improved access to independent investment product retailers Lloyd Fonds AG is planning to acquire a stake of around 20 percent in financial services distributor Feedback AG. The transaction, which the supervisory board of Lloyd Fonds AG has now approved, will be executed in the form of fresh equity issued using Feedbacks authorized capital. Both financial services companies expect to derive benefits from this transaction against the backdrop of a heavily changing market. Looking forward, increasing regulation (MiFID) and the growing need for advice will call for closer cooperation between retailers and initiators of investment products. 'With its retail subsidiaries Treukonzept Vermögensberatungs- und Vermittlungsgesellschaft mbH and Dr. Ludz Vermögensberatungs- und Vermittlungsgesellschaft mbH Feedback AG will be making a crucial contribution to Lloyd Fonds AGs continued expansion,' says Dr. Torsten Teichert, CEO of Lloyd Fonds AG, commenting on the planned transaction. 'We have already been working with the Feedback Group successfully for many years. Accordingly, the acquisition of a stake marks a logical step towards strengthening our position in non-captive retailing of investment products.' Feedback AGs retail partners and subsidiaries will also benefit from Lloyd Fonds AGs entry. Based in Hamburg, Feedback AG has been the holding company since 2006 for various retail companies primarily engaged in the closed-end fund segment. Two subsidiaries play a leading role in assisting independent asset and investment managers, banks, brokers and their customers. The Feedback Group pursues a best advice principle and, with equity placements of over EUR 200 million in 2007, is one of the largest non-captive retailers of closed-end funds in Germany. At the end of December, Feedback AG acquired a roughly 30 percent interest in financial services provider netfonds GmbH. Lloyd Fonds AGs entry gives all of the retail partners affiliated with the Feedback Group broader access to the Hamburg-based companys extensive range of products in addition to their previous portfolio. 'This strategic investment marks a further step in the Companys growth and diversification process along the entire value chain,' explains Michael F. Seidel, CFO at Lloyd Fonds AG. 'The Feedback group enjoys an excellent and fast-growing position in retailing activities for closed-end funds.' Contact: Dr. Goetz Schlegtendal Lloyd Fonds AG Amelungstraße 8-10 20354 Hamburg Tel: +49-40-325678-0 Fax: +49-40-325678-99 Mail: ir@lloydfonds.de DGAP 17.01.2008 --------------------------------------------------------------------------- Language: English Issuer: Lloyd Fonds Aktiengesellschaft Amelungstr. 8-10 20354 Hamburg Deutschland Phone: +49 (0)40 32 56 78-0 Fax: +49 (0)40 32 56 78-99 E-mail: info@lloydfonds.de Internet: www.lloydfonds.de ISIN: DE0006174873 WKN: 617487 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: Lloyd Fonds AG new co-owner of Feedback AG - Acquisition of a stake in a leading German financial services retail
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