Gerry Weber International AG / Key word(s): Miscellaneous
30.09.2010 15:47
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Halle/Westphalia, September 30th 2010 - Close Brothers Seydler Bank AG has
been mandated as Designated Sponsor of GERRY WEBER International AG. With
this engagement, the market leading Sponsor in Germany takes on the task of
providing the necessary liquidity in continuous trading of the Company's
shares on Xetra(R), the German Stock Exchange's fully electronic trading
platform.
The brands of the GERRY WEBER International AG attract attention worldwide
with more than 370 HOUSES OF GERRY WEBER, over 1,800 shop-in-shop areas
throughout the world and successful online shops. GERRY WEBER, TAIFUN and
SAMOON by GERRY WEBER today make up the three brands created and sold by
the holding company. Licensed products such as shoes, bags, belts, scarves
and shawls complement the range and the versatile fashion strikes the same
chord with customers, whether in Berlin, Dubai, Ottawa or Cairo.
Thirty-seven years after the company's foundation by Gerhard Weber and Udo
Hardieck, GERRY WEBER has become a listed, internationally-known lifestyle
group.
The shares of GERRY WEBER International AG (FWB: GWI1), which have been
trading since July 2003 on the Frankfurt Stock Exchange, is a member of the
SDAX index.
Gerhard Weber, CEO of GERRY WEBER International AG commented: 'We have
mandated Close Brothers Seydler Bank AG because we want to broaden our
existing investor base. Furthermore, our commitment to consistent
improvements in liquidity of the shares will allow us to achieve our goal
of advancement in the MDAX more quickly. This will be ensured by an
adherence to all stock market relevant liquidity criteria. As the leading
and experienced Designated Sponsor, Close Brothers Seydler Bank AG provides
us with the necessary financial capacity and valuable know-how, and enables
shareholders and potential shareholders of GERRY WEBER International AG
with efficient trading in our shares.'
The core task of Designated Sponsors on the electronic trading platform
Xetra(R) is to offer binding bid and ask prices (quotes) in the order book
of their mandates' shares. In this way, Close Brothers Seydler Bank AG is
responsible for increased liquidity in the shares of GERRY WEBER
International AG.
Designated Sponsors' quotes must satisfy certain quality criteria (minimum
requirements) stipulated by the Frankfurt Stock Exchange.
Close Brothers Seydler Bank AG
Jennifer C. Hoffmann
Head of Public Relations
SchillerstraÃe 27-29
D-60313 Frankfurt
Tel.: +49 (0) 69 / 92054-128
Fax: +49 (0) 69 / 92054-902
jennifer.hoffmann@cbseydler.com GERRY WEBER International AG
Sandra Steltenkamp
Manager Investor Relations
NeulehenstraÃe 8
D-33790 Halle/Westphalia
Tel. +49(0)5201 - 185 8422
Fax +49(0)5201 - 162 19
s.steltenkamp@gerryweber.de
30.09.2010 15:47 Dissemination of a Corporate News, transmitted by DGAP -
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The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Gerry Weber International AG
NeulehenstraÃe 8
33790 Halle/Westfalen
Deutschland
Phone: +49 (0)5201 185-0
Fax: +49 (0)5201 5857
E-mail: h.kley@gerryweber.de
Internet: www.gerryweber-ag.de
ISIN: DE0003304101
WKN: 330410
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Berlin, Stuttgart
End of Announcement DGAP News-Service
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DGAP-News: GERRY WEBER International AG engages Close Brothers Seydler Bank as Designated Sponsor
| Source: EQS Group AG