ORC 0.00% 8.8¢ orchid capital limited

offer for 24 mio shares, page-2

  1. 321 Posts.
    Maybe it is relatet to the announcement of 7 December 2006:

    ----------------------------------------------

    The Manager
    Australian Stock Exchnage
    Company Announcements Office
    Exchange Center
    Lvl 4, 20 Bridge Street
    Sydney NSW 2000

    No of pages: 1

    Dear Sir

    Mandated VEM Aktienbank AG
    Orchid Capital is pleased to announce that it has mandated VEM Aktienbank AG, Munich/Germany as Designated Sponsor for XETRA. XETRA is a segment of the German stock exchange.
    A Designated Sponsor's task is to provide a tight bid-ask spread in order to enhance the liquidity of a company's share on XETRA. A high percentage of companies listed in Germany have mandated a bank as Designated Sponsor.
    VEM Aktienbank AG is a investment bank specialized on securities-related transactions, including small cap IPOs and placements, Desginated Sponsor, Corporate Finance and other services
    Yours faithfully
    Julian Sandt
    Chief Executive Officer
    Orchid Capital Limited
 
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