DGAP-Adhoc: ADC: Transformation into stock corporation (AG) completed ++ Commencement of trading in the Entry Standard of the Frankfurt Stock Exchange

ADC African Development Corporation AG  / Key word(s): Miscellaneous

26.07.2013 10:36

Dissemination of an Ad hoc announcement according to  15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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The transformation of ADC African Development Corporation GmbH & Co. KGaA,
ISIN DE000A1E8NW9, into a stock corporation (AG) was successfully completed
today with its entry into the commercial register of the Local Court of
Frankfurt am Main. The unchanged Supervisory Board under the chairmanship
of Alastair Newton will resume its work in the newly formed stock
corporation. The existing Managing Director of the General Partner, Dirk
Harbecke, has been appointed to the Management Board (Vorstand) of ADC
African Development Corporation AG.

Trading of ADC African Development Corporation GmbH & Co. KGaA's shares in
the Prime Standard of the Frankfurt Stock Exchange will cease today after
the close of trading. The inclusion as well as the immediate resumption of
trading of ADC African Development Corporation AG's shares in the Entry
Standard of the Frankfurt Stock Exchange will commence on Monday, 29 July
2013.

About ADC
ADC African Development Corporation (ADC) (ISIN: DE000A1E8NW9; Bloomberg:
AZC.GR, www.african-development.com), is a German listed, emerging
pan-African banking group. ADC has a strong footprint in Southern Africa
via BancABC, a regional commercial banking platform operating in Botswana,
Mozambique, Tanzania, Zambia and Zimbabwe as well as in West Africa via
Union Bank of Nigeria. Parallel to its banking operations, ADC has a
private equity portfolio active in growth markets across sub-Saharan
Africa. ADC follows an active management approach with a team of experts
that comprise operational banking management, investment banking and
merchant banking expertise. ADC optimizes its risk-return profile through a
political risk insurance solution offered by the MIGA (World Bank Group).


Contact:
Investor Relations
investor-relations@african-development.com
T +49 69 719 12 80 119


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Language:     English
Company:      ADC African Development Corporation AG
              Grneburgweg 18
              60322 Frankfurt/Main
              Germany
Phone:        +49 69 719 12 80 119
Fax:          +49 69 719 12 80 999
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, Dsseldorf

End of Announcement                             DGAP News-Service

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DGAP-Adhoc: ADC: Transformation into stock corporation (AG) completed ++ Commencement of trading in the Entry Standard of the Frankfurt Stock Exchange

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