jobpilot AG (Neuer Markt: WKN 514 170, Ticker: JOA) has acquired 294,117 of its own shares. The shares were part of the consideration for the sale of Intellicruit Ltd.,
formerly Virtual Village, which were held by a third party as trustee until certain conditions were met. Since the conditions failed to transpire, the parties involved agreed that the shares would immediately revert to jobpilot AG.
Because of the associated reduction in the relevant capital stock, Adecco S.A., Chserex (Swiss Stock Exchange - code: ADEN/ Virt-x - code: 1213860), now holds shares in jobpilot AG amounting to more than 95 percent of the capital stock of jobpilot AG. Adecco S.A. recently made a successful takeover bid to acquire the shares of jobpilot AG.
About jobpilot AG
jobpilot AG (Neuer Markt: WKN 514 170, Ticker: JOA) offers Europe''s career market on the Internet (www.jobpilot.com). The company - founded as Jobs & Adverts - launched its innovative jobpilot Internet site in October 1995. Sites are online in 14 European countries. Regular customers include all 30 companies listed in Germany''s DAX
share index as well as 21 companies in the EuroSTOXXsm 50 share index. The range of services includes several innovative products in addition to publishing job vacancies (Workflow Software, Direct Selection, Online Assessment etc.). Offering employment opportunities in all sectors, jobpilot now scores close to 36 million page views per
month.
jobpilot is based in Bad Homburg near Frankfurt, Germany. European subsidiaries are located in Austria, Belgium, the Czech Republic, Denmark, France, Hungary, Italy, the Netherlands, Norway, Poland, Spain, Switzerland and the Un ted Kingdom.
Jobpilot AG: 294,117 own shares revert to jobpilot AG
.