DGAP-News: ORIENT Strategies AG / Key word(s): Agreement/Corporate Action ORIENT Strategies AG: ORIENT Strategies AG extends lock-up for majority shareholders 24.10.2012 / 10:15 --------------------------------------------------------------------- ORIENT Strategies AG extends lock-up for majority shareholders. St. Gallen/ Berlin, October 24,2012. Management and the majority shareholders of ORIENT Strategies AG agreed on an extension of the contractual lock-up of the shares of the majority shareholders at least up till December 31, 2013. 'The group of majority shareholders which also comprises the members of the board of administration have committed themselves not to dispose of their shares of ORIENT Strategies AG without the prior approval of the company before December 31, 2013' explains Hans-Joachim Bischoff, member of the board of administration of the company, 'in order to secure this commitment, all shares of the majority shareholders lie in a trustee account.' 'This further ensures that any capital generated by the controlled selling of shares is being invested into the Company' continues Konstantin v. Reden-Lütcken, President of ORIENT Strategies AG 'We as members of the board of administration and majority shareholders have therewith committed ourselves to grant highest priority to the financing of ORIENT Strategies AG and it's projects and shareholders.' About ORIENT Strategies AG ORIENT Strategies AG is specialized in the consultancy of German/European companies on the capital market and their strategic orientation on the Middle East. ORIENT Strategies itself holds investments in companies and projects in the Middle East, particularly in Iraq, to support reconstruction there. ORIENT Strategies AG located in St. Gallen, Switzerland, has been listed on the Frankfurt Stock Exchange's Open Market since March 2011. ----------------------------------------------- Contact: ORIENT Strategies AG Spisergasse 26 CH-9004 St. Gallen Phone: +41 43 508 22 17 Mail: hjb@orient.ag Internet: www.orient.ag End of Corporate News --------------------------------------------------------------------- 24.10.2012 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 --------------------------------------------------------------------- 189963 24.10.2012
DGAP-News: ORIENT Strategies AG: ORIENT Strategies AG extends lock-up for majority shareholders
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