DGAP-Adhoc: GROUP Business Software AG: Large shareholders combine their shares


GROUP Business Software AG  / Key word(s): Statement/Agreement

05.11.2010 16:55 

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Frankfurt, 5 Nov 2010 Today, GROUP Business Software AG was informed that
the large shareholders, Joerg Ott, LVM Landwirtschaftlicher
Versicherungsverein Münster a.G., Mr. Tuomo Tilman, Helsinki and Mr. Jyrki
Salminen, Helsinki have combined their shares.

The name of the new large shareholder is GBS Enterprises Inc. with Joerg
Ott as Chairman/CEO. GBS Enterprises Inc. holds approximately 28% of the
shares.

The combining of the shares only changes the shareholder structure and HAS
no influence on the operational business or on any of the locations of the
corporation.


05.11.2010 16:55 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:      GROUP Business Software AG
              Hospitalstr. 6
              99817 Eisenach
              Deutschland
Phone:        +49 3691 7353-0
Fax:          +49 3691 7353-99
E-mail:       ir@group.de
Internet:     www.group.de
ISIN:         DE0005104509
WKN:          510450
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in München, Berlin, Düsseldorf, Stuttgart
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------