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Heliocentris Fuel Cells AG completes a successful start to its listing on the Frankfurt stock exchange
Publication Date:25-June-2006
08:00 AM US Eastern Timezone 
Source:FuelCellWorks

Berlin--Heliocentris Fuel Cells AG, portfolio company bmp AG (ISIN DE3304200), today completed a successful start to its listing in the open market on the Frankfurt stock exchange, with a simultaneous inclusion in the Entry Standard. The first share price noted at 4.50 EUR and thus on the issue price of the private placement carried out previously. bmp also participated in the private placement and now holds around 30 per cent of the capital stock.

Heliocentris is the world's market leader for fuel cells in the area of teaching aids. To date, the company has sold more than 30 000 fuel cells world wide and is thus - as one of the worlds few such providers - in possession of extensive experience in the sale of large quantities. In the financial year 2005, Heliocentris generated a profitable turn-over in a significant single-digit million euro realm. Further dynamic growth is planned for the coming year and the company will use the funds acquired for amongst other things, the strengthening of their marketing operations and the expansion of their fuel cell product range in the industrial sector.

"With the successful listing, Heliocentris is now able to increase its name recognition further and has layed the foundations for accelerated growth," says Oliver Bormann, chief executive of bmp AG.

About bmp AG: As an internationally active company in the Private Equity Industry, bmp invests its own funds directly into equity investment while at the same time acting as a Funds Manager for others. bmp provides its trade investments not only with capital but also with the advantages of ten years of comprehensive business development know-how. With the experience it has gained from more than 80 trade investments of its own, 11 Initial Public Offerings and more than 20 trade sales from its portfolio, bmp is numbered among the most competent venture capital companies in Germany and Poland.
 
 

 
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