Amsterdam (the Netherlands), 10 August 2011 - LBi International N.V. (NYSE Euronext symbol: LBI), Europe's largest marketing and technology agency is pleased to announce that it has been notified that investment fund Project Holland Fonds has purchased shares in LBi and today holds 5.67% of the outstanding share capital.
Luke Taylor, CEO of LBi: "We are pleased to have Project Holland Fonds on board as one of our larger minority shareholders. They show strong commitment and belief in our strategic ambitions and growth potential."
The management team of Project Holland Fonds: "We are convinced that LBi is poised to benefit from sustainable long term market trends as business will continue its shift from offline to online. We see good opportunities for future growth and are keen to support LBi in the further roll out of their business model and execution of their growth plans."
Project Holland Fonds is an independent Amsterdam-based investment fund which focuses on high-quality Dutch small and medium-sized listed companies. The fund strives for potential shareholdings in the 5-30% range and positions itself as an engaged long term shareholder. Initial investors in the fund are Rabobank and Delta Lloyd.
Contacts
Luke Taylor, CEO, LBi International N.V.
+44 20 7063 6465, luke.taylor@LBi.com:
mailto:luke.taylor@LBi.com
Huub Wezenberg, CFO, LBi International N.V.
+31 20 460 4500, huub.wezenberg@LBi.com:
mailto:huub.wezenberg@LBi.com
For more information, go to www.LBi.com:
http://www.lbi.com/
LBi's head office
LBi International N.V.
Joop Geesinkweg 209 | 1096 AV Amsterdam
Box 94829 | 1090 GV Amsterdam | Netherlands
Company registration no. 30277334
Phone: + 31 20 460 45 00 | Fax: + 31 20 460 45 09
Web: www. LBi.com
About LBi
LBi International N.V. (NYSE Euronext Amsterdam: LBI) is the leading European marketing and technology agency with a global reach.
Headquartered in Amsterdam (the Netherlands), LBi has a staff of 1,800 and operations in 15 countries. As a marketing and technology agency, LBi offers services to brands (clients) to help them engage with their customers through digital channels across a wide spectrum of their points of engagement, from initial awareness of the brand, through direct interaction with the services or products offered by the brand, to on-going relationships with the brand.
The Company offers a suite of services that are designed to help companies attract, engage and manage customers, more effectively. This full service offering combines analytical, direct marketing and digital competences, which means that LBi is able to develop big creative ideas in the digital space, build and manage complex transactional websites, run complex CRM programmes and even handle the media buying, planning and electronic public relations for blue chip companies.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: LBi International N.V. via Thomson Reuters ONE