- 20.01.2009, 11:29:50
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- OTE0004
Leonardo Venture: Portfolio company NanoCompound announces insolvency
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ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
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Mannheim (euro adhoc) - NanoCompound Holding AG has filed an application for the
opening of insolvency proceedings with Aachen District Court. These proceedings
concern both NanoCompound Holding AG and NanoCompound GmbH - both of which have
their registered office in Germany. A provisional insolvency administrator has
not been appointed yet. Currently the District Court is checking this
application.
Leonardo Venture GmbH & Co. KGaA has held a share in the NanoCompound Group
since May 2005. As detailed in the ad-hoc announcement of 19 November 2008,
Leonardo Venture has already written off in full its 37.05% holding in
NanoCompound. This step was necessitated by major problems in the company´s
corporate and business development, which resulted the depletion of liquidity.
About Leonardo Venture GmbH & Co. KGaA
Leonardo Venture GmbH & Co. KGaA is a holding company focusing on companies in
the fields of health and life quality in Germany and other German-speaking
countries. As an early-phase investor Leonardo Venture not only makes available
capital but also extensive know-how to its investments for their business
development.
Further inquiry note:
Sandra Schwarz
Telefon: +49 (0)621 438 430 27
E-Mail: [email protected]
end of announcement euro adhoc
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emitter: Leonardo Venture GmbH & Co. KGaA
Augustaanlage 32
D-68165 Mannheim
phone: +49 (0)621-438430 27
FAX: +49 (0)621-438430 10
mail: [email protected]
WWW: http://www.leonardoventure.de
sector: Financial & Business Services
ISIN: DE0005878763
indexes:
stockmarkets: regulated dealing/prime standard: Börse Frankfurt
language: English
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