Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------
Ad-hoc Announcement pursuant to Section 15 WpHG
IFEX Files Listing Application and Further Extends Long-Stop Date for Completing Acquisition of MCC
Amsterdam, 16 April 2007 IFEX announced today that it has received all required approvals from the Netherlands Authority for the Financial Markets and has now filed an application with the Frankfurt Stock Exchange to list shares as described in IFEX's prospectus and as part of its acquisition('Acquisition') of Moore, Clayton & Co., Inc. ('MCC'). Listing of the shares is expected to occur shortly, which will fulfill the remainingcondition to completing the Acquisition of MCC pursuant to the terms of the Sale and Purchase Agreement ('SPA') entered into by IFEX and the shareholders of MCC on 22 August 2006.
Though the listing of the shares is not expected to take longer than a week, IFEX has further extended the date for completing the Acquisition pursuant to the SPA until 30 April 2007.
Issuer's information/ explanatory remarks concerning this ad hoc announcement:
MCC provides strategic and financial advisory and investment services to clients in a variety of industries, and is also the investment advisor to Equus Total Return, Inc. (NYSE: EQS), a New York Stock Exchange-listed closed-end fund. MCC has offices in various financial centres around the world. Additional information concerning MCC can be found at www.mccglobal.com.
IFEX NV is a pan-European corporate finance organisation that facilitates funding solutions for small and medium sized enterprises. Additional information about IFEX NV is available at the company's investor relations website: www.ifexgroup.com.
For further information contact: Dana M Smith Investor Relations Email: ir@ifexgroup.com