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    DGAP-Adhoc  1333  0 Kommentare The Fantastic Company AG: TFC expands its Business in France through Acquisitions


    The Fantastic Company AG / Key word(s): Mergers & Acquisitions/Investment

    20.11.2013 23:57

    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 Fantastic Company AG ('TFC') announces that it acquired 100% of the
    shares in the French company Société de Gestion de Marques SAS. The
    acquired company markets and sells fashion accessories similar to our
    TFC-subsidiary SICARA Fashion Accessories SAS. It expects for this calendar
    year net sales of approximately EUR 8 million with a slightly positive
    result.

    In addition, TFC acquired on the same day all shares of the minority
    shareholders (21%) in our French subsidiary SICARA Fashion Accessories SAS
    with the effect that the Company now holds 100% of the shares.

    Oliver Krautscheid, President: 'The acquisition strengthens significantly
    our current fashion accessories business in France. We expect to realize
    synergy effects from this acquisition.'

    The Board of Directors

    Contact:
    Oliver Krautscheid
    oliver.krautscheid@fantastic.com


    20.11.2013 DGAP's Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de

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    Language: English
    Company: The Fantastic Company AG
    Obmoos 4
    6301 Zug
    Switzerland
    Phone: 0041443502280
    Fax: 0041443502282
    E-mail: info@fantastic.com
    Internet: www.fantastic.com
    ISIN: CH0108753523
    WKN: A0YJEW
    Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
    in Berlin, Düsseldorf, Stuttgart

    End of Announcement DGAP News-Service

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    DGAP-Adhoc The Fantastic Company AG: TFC expands its Business in France through Acquisitions The Fantastic Company AG / Key word(s): Mergers & Acquisitions/Investment 20.11.2013 23:57 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 …