Trading update December 2009
The Board has initiated the process to list the Company's shares on Euronext and is currently engaged in appointing the appropriate advisors in order to complete the listing at the earliest opportunity, in the 2nd quarter of 2010. The listing is expected to provide more liquidity and access to capital markets to fund the execution of the Company's strategy, including future acquisitions. The Company plans to invest approximately € 800k in its subsidiary company, MySPARTA AG in which it currently has a shareholding of 75%. This Investment will give MySPARTA AG the necessary liquidity to fund future strategic acquisitions. My SPARTA AG is a listed company on the German Stock Exchange (Berliner Freiverkehr).