| Notification by hotel.de AG pursuant to Article 9 of Regulation (EC) 2273/ 2003 concerning share price stabilisation measures: | ||
03 July 2007 - UniCredit Markets & Investment Banking (Bayerische Hypo- und Vereinsbank AG) acted as stabilisation manager within the framework of the private reallocation of hotel.de AG share from the holdings of the founding shareholders undertaken on 19 June 2007. More specifically, UniCredit Markets & Investment Banking undertook the following purchases: 21 June 2007: purchase of 3,760 shares at a price of EUR 36.00 22 June 2007: purchase of 150 shares at a price of EUR 36.00 UniCredit Markets & Investment Banking exercised the greenshoe option granted for the purposes of price stabilisation prematurely and in full upon the conclusion of the trading day on 26 June 2007. The total of 612,526 hotel.de shares offered in connection with the reallocation were therefore placed in full with investors. |
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| hotel.de hotel.de AG, based in Hamm and Nuremberg, Germany, London, UK and Paris, France runs a free of charge hotel reservation service for companies and private users on www.hotel.de, www.travelres.com, www.hotel.at and www.hotel.ch. hotel.de/TravelRes offers 210,000 hotels worldwide to be booked online. In 2007, hotel.de has enlarged its business model - focussing on the placing of hotel stays - by the fast-growing segment of procuring conference hotels for corporate clients. Compared to other booking channels, hotel.de/TravelRes customers benefit from considerable cost savings. These partially result from the very low hotel rates which hotel.de/TravelRes is able to negotiate with hotels, thanks to its high booking volume. Additionally, hotel.de/TravelRes always displays all rates available for every single hotel (e.g. promotional rates, corporate or weekend rates), so that the customer can choose the lowest or best-fitting rate. Another major advantage of hotel.de/TravelRes is the fact that booking confirmations are sent right into the hotel's computer - making a reservation fast, safe and reliable. This is enabled by hotel.de/TravelRes' unique integration of the hotels' central reservation systems (so-called CRS) under one consistent user surface. Well-known companies, such as Wella AG (subsidiary of Procter & Gamble), SAP AG, ThyssenKrupp AG, degussa AG, Logica CMG GmbH, Ernst & Young AG, Wal-Mart, Texas Instruments Inc., Deutsche Börse Group, Munich Re Group and others already use the hotel.de/TravelRes corporate application. |
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