DGAP-News: Enterprise Holdings Limited / Key word(s): Monthly Figures/Issue of Debt Enterprise Holdings Limited: Enterprise Holdings Limited continues to grow highly profitable: - Net distributable monthly profit for October 2012 close to 1 million euro - 50% go to special account to secure bond investors' position 28.11.2012 / 09:12 --------------------------------------------------------------------- Press Release Munich, 11/28/2012 Enterprise Holdings Limited continues to grow highly profitable: - Net distributable monthly profit for October 2012 close to 1 million euro - 50% go to special account to secure bond investors' position Strong growth The net proceeds of 16 million euro from the Enterprise Holdings Limited bond issue (International Security Identification Number (ISIN): DE000A1G9AQ4), which received an A- rating from Creditreform, guarantee a future profitable expansion in the European region. Highly profitable niche insurance business 'After having achieved 750,000 euro net profit in September we made another 950,000 euro profit in October 2012. In other words: The net profit created in this two months period equals the interest payment of the bond for a 18 months period or, respectively, more than 10 percent of its' nominal value. These figures underline the high profitability of our company's niche insurance business model', states Andrew John Flowers, CEO and Founder of Enterprise Holdings. Guidance for fiscal year: Double GWP The company will continue its' growth strategy and confirms the goal to double the annual Gross Written Premium (GWP) to 180 million euro in the current fiscal year ending 31 March 2013. Simultaneously Enterprise Holdings Group expects to generate a decent net profit. Special Account According to the terms and conditions of the bond, monthly earnings are being collected in a special account to meet the interest payments when due, including the pay back of the bond. As of today the amount in this separate bank account is 850,000 euro, which represents 50 percent of the September and October 2012 net distributable profit. The balance of this account will be published regularly on the company's website www.enterprise-holdings.de -> bond -> factsheet. Enterprise Holdings Group - an owner-lead insurance firm Lead by its founder the company holds several other subsidiaries together with affiliated service companies. The group offers independent white label solutions, apart from life insurance products. The affiliated companies deliver insurance specific auditing services as well as control and marketing services. The group focuses its activities on high-yield niches within the European insurance market. The main category of the offered insurances is in the field of automobile third party insurance, legal costs insurance, household contents insurance and guarantees. Main markets are currently Great Britain and France. Service For more information about the bond issue please visit our website, especially the section 'Bond' at www.enterprise-holdings.de Bond Investor Relations / Press Please direct all your requests to: max. Equity Marketing GmbH Maximilian Fischer Marienplatz 2 80331 Munich, Germany Tel: +49 89 139 28890 E-Mail: ir@enterprise-holdings.de IMPORTANT NOTE - Disclaimer Prospective investors of the Securities should recognise that the Securities constitute a risk investment, which can lead to a total loss of their investment in the Securities. Potential investors must therefore be prepared and able to sustain a partial or even a total loss of the invested capital. Any investors interested in purchasing the Securities should assess their financial situation, to ensure that they are in a position to bear the risks of loss connected with the Securities. Therefore, please contact your credit and securities institutions. The admissibility of the acquisition of a security may at various conditions, especially your nationality be bound. Please inform yourself before an investment. This information does not constitute an offer to sell or a solicitation of an offer to purchase any securities of Enterprise Holdings Limited ('issuer'). A decision on an investment in the securities of the issuer may only be made on the basis of the securities prospectus ('prospectus') which is approved by the Federal Financial Supervisory Authority (BaFin) and is published on the website www.enterprise-holdings.de. Only the information contained in the prospectus is binding in connection with the offer. This information may not be disseminated outside of Germany and Austria, in particular not in the United States, to US Persons according to regulation S of the US Securities Act of 1933 or to publications with a general circulation in the United States. Any person who fails to comply with these restrictions may violate the security laws of certain jurisdictions, in particular of the United States. Bonds in Enterprise Holdings Limited are not publicly offered outside of Germany and Austria. The Notes will not be registered under the Securities Act of 1933, or any applicable state or foreign securities laws, and are subject to substantial restrictions on transfer. In particular, the Notes may not be offered or sold in the U.S., or to or for the benefit of U.S. persons, absent registration under the Securities Act or an applicable exemption from the registration requirements of the Securities Act. The securities mentioned in this press release are not being and will not be offered for sale to the public in the United States, Australia, Canada and Japan. End of Corporate News --------------------------------------------------------------------- 28.11.2012 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 --------------------------------------------------------------------- 194901 28.11.2012
DGAP-News: Enterprise Holdings Limited: Enterprise Holdings Limited continues to grow highly profitable: - Net distributable monthly profit for October 2012 close to 1 million euro - 50% go to special account to secure bond investors' position
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