DGAP-News: ADC African Development Corporation GmbH & Co. KGaA / Key word(s): Miscellaneous ADC African Development Corporation GmbH & Co. KGaA: ADC publishes December edition of its monthly letter to the shareholders ++ Deadline of the capital increase this Thursday ++ Guidance increased for 2012 20.12.2011 / 15:24 --------------------------------------------------------------------- ADC African Development Corporation (ADC), ISIN DE000A1E8NW9, a fast growing financial services group focusing on the frontier markets in sub-Saharan Africa, is pleased to direct your attention to the current shareholder letter published on ADC's website under the following link: http://www.african-development.com/files/20111220_adc_shareholder-letter_d ec-jan_eng.pdf Key take-aways - Portfolio businesses grow strongly and sustainably - Exit in Zimbabwe near completion - new investment in West Africa in January - Major shareholder Trafigura expands its position to over 15% - Capital increase of 10% of the share capital to finance upcoming investments - Important transaction details concerning the capital increase - EBIT projection for 2012 and beyond substantially raised due to additional advisory fees ++ About ADC ++ ADC African Development Corporation, ISIN DE000A1E8NW9 (ticker symbol: AZC.GR), was established in September 2007 and quickly positioned itself as one of the leading investors for banks and insurance companies in the above-average growth markets of sub-Saharan Africa. The company's success is primarily due to its local management team, which follows international best practice principles to further develop banks and implements conventional international processes to increase their profitability. As the second international emerging market investor in the world, ADC was integrated into the insurance solution offered by the Multilateral Investment Guarantee Agency ('MIGA'), a member of the World Bank Group, primarily due to its strong operational approach and adherence to the highest ethical standards. This insurance offers protection against a variety of political risks, in particular the risk of radical political change. Contact: Investor Relations investor-relations@african-development.com T +49 69 719 12 80 119 End of Corporate News --------------------------------------------------------------------- 20.12.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. 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: ADC African Development Corporation GmbH & Co. KGaA Grüneburgweg 18 60322 Frankfurt/Main Germany Phone: +49 69 719 12 80 00 Fax: +49 69 719 12 80 011 E-mail: info@african-development.com Internet: www.african-development.com ISIN: DE000A1E8NW9 WKN: A1E8NW Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf End of News DGAP News-Service --------------------------------------------------------------------- 150447 20.12.2011
DGAP-News: ADC African Development Corporation GmbH & Co. KGaA: ADC publishes December edition of its monthly letter to the shareholders ++ Deadline of the capital increase this Thursday ++ Guidance increased for 2012
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