Goldrooster AG plans IPO on the Frankfurt Stock Exchange

• Subscription period likely to be between 2 May and 15 May 2012
• Initial listing in the Entry Standard planned for 18 May 2012
• Profit growth to be further accelerated

Berlin, 24 April 2012 – Goldrooster AG (ISIN DE000A0AYYU6), the German holding company of Goldrooster Group, an operator of an innovative sports fashion brand specialising in apparel, footwear and accessories for the Chinese market, is planning to launch its IPO in Germany. The commencement of trading and the inclusion of Goldrooster AG’s shares in the Frankfurt stock market’s Entry Standard are envisaged for 18 May 2012. The initial public offering will include up to 5,750,000 no par value ordinary bearer shares, of which up to 5,000,000 shares are from a capital increase. The greenshoe option extends to up to 750,000 shares and will be provided by existing shareholders. Full placement and exertion of the greenshoe option would see the free-float amount to 23 percent. Existing shareholders have committed to a lock-up period of 12 months from the commencement of trading in Goldrooster AG’s shares, during which none of their shares may be sold.

The offer price will be announced after approval of the prospectus. The subscription period is expected to begin on 2 May and will end on 15 May 2012, 12:00 a.m. VEM Aktienbank AG will act as underwriter and lead bank in the IPO.

Goldrooster Group runs an innovative sports fashion label, specialising in apparel, footwear and fashion accessories for the Chinese market. With the goal of delivering high quality products at attractive prices, the company targets China’s young and ambitious middle class ranging in age from 18 to 35. Its constant efforts to deliver unique designs and reach a clearly defined brand and market position have helped Goldrooster Group to record quick and significant growth since its foundation. Revenue rose by around 30 percent to approximately 104 million Euro during the 2011 financial year, with the net margin amounting to 16.4 percent. Goldrooster Group employs approximately 700 people and has an expansive sales network, including 30 exclusive regional distributors and 1,344 retail outlets. During the 2011 financial year, 74.1 percent of revenue was generated by apparel products, while footwear and fashion accessories accounted for 21.2 percent and 4.7 percent, respectively.

Goldrooster AG plans to use the funds from its IPO to further expand its profitable growth.

Further information about Goldrooster AG can be found on www.goldrooster.de

Disclaimer´

This publication is not an offer of any securities for sale or a solicitation of an offer to purchase any securities. Subject to approval by the German Financial Service Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht), a prospectus will be published, which will be available free of charge from Goldrooster AG (www.goldrooster.de) and VEM Aktienbank AG. Any shares will be offered only on the basis of the prospectus approved by the German Financial Service Supervisory Authority.

This document is not an offer of securities for sale or a solicitation of an offer to buy securities in the United States. The shares of Goldrooster AG (the "Shares") have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States unless registered under the Securities Act or according to an exemption from such registration. There will not be any public offering of the Shares in the United States and the Shares will not be registered under the Securities Act.
This document is only distributed to and is only aimed at (i) individuals outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities, and other individuals to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such individuals together being referred to as "relevant persons"). The Shares are only available to, and any invitation, offer or agreement to subscribe, buy or otherwise acquire such securities will be engaged in only with, relevant persons. Any individual who is not a relevant person should not act or rely on this document or any of its contents.

Contact:

edicto GmbH
Dr. Sönke Knop / Peggy Kropmanns
Eschersheimer Landstrasse 42
60322 Frankfurt
Germany
Phone: 0049 (0)69 905505 51
E-Mail: goldrooster@edicto.de

This release was published on openPR.