ADC African Development Corporation places EUR 43 million in IPO ++ Initial listing planned for 14 December 2010 ++ Shares placed exclusively with domestic and foreign institutional investors.

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ADC African Development Corporation places EUR 43 million in IPO ++ Initial listing planned for 14 December 2010 ++ Shares placed exclusively with domestic and foreign institutional investors.

FRANKFURT, Germany -- Following a successful capital increase, ADC African Development Corporation (ADC), ISIN DE000A1E8NW9, a rapidly growing financial services group focusing on the Sub-Saharan Africa (SSA) region, has joined the Entry Standard segment of the Frankfurt Stock Exchange. The Company...

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