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ROK Stars PLC / Key word(s): Miscellaneous
20.05.2013 / 09:00
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ABK GmbH receives 99.74% approval from Aktienbrauerei Kaufbeuren AG Shareholders
ABK GmbH becomes the exclusive distributor of Aktienbrauerei Kaufbeuren AG's beer products worldwide
Ticker Symbol: RKS
WKN:
A1H7NBMonday 20th May 2013
ROK Stars PLC, the consumer products development company founded by US billionaire John Paul DeJoria and UK entrepreneur Jonathan Kendrick, has announced that on the 15th of May 2013 the shareholders of Bavarian-based brewery Aktienbrauerei Kaufbeuren AG voted to transfer its brewery business and the real estate necessary for the brewery business to ABK Betriebsgesellschaft der Aktienbrauerei Kaufbeuren GmbH (ABK GmbH) with a 99.74% majority.
John Paul DeJoria addressed the shareholders meeting via video from the United States and Jonathan Kendrick addressed the shareholders gathered at the brewery in Kaufbeuren in person.
ROK Stars PLC owns 55% of ABK GmbH which now has the exclusive distribution rights for all Aktienbrauerei Kaufbeuren AG's products worldwide.
ABK GmbH's primary tasks will include increasing sales through developing new export markets and, in so doing, lowering the unit production costs.
Commenting, Jonathan Kendrick, Chairman of ROK Stars said 'We have seen the remarkable growth in recent times in the heritage and craft beer markets in several countries, particularly the US, and we feel that proper German beer has a unique credibility, developed under the ancient 'Reinheitsgebot' German Beer Purity Laws which date back to 1516. As a crucial unique selling point, Aktienbrauerei in Kaufbeuren, Bavaria, can trace its roots even further than that - to 1308 - representing more than 700 years of Bavarian brewing heritage and tradition.'
www.rokstars.com
www.abkbeer.com
ROK Stars is listed on the Stuttgart Stock Exchange and has an expanding portfolio of 'game-changing' products which includes OVAL Vodka, ROK Natural Energy, ROK Water and PURE ROK - with several more products currently under review and evaluation:
OVAL Vodka, produced in Austria in a patented process which bonds water molecules to alcohol molecules, is an award-winning, super-premium vodka which not only delivers the smoothest-tasting vodka possible, but also reduces the diuretic effect of alcohol consumption. OVAL Vodka is marketed that 'for 600 years, all vodkas have been made the same way - until now. OVAL's 'structured' molecular format enables people to 'Enjoy More, Hurt Less.' OVAL Vodka recently sponsored Ronnie O'Sullivan in his successful defence of his World Snooker Championship title.
ROK Natural Energy drink is our unique all-natural energy-giving drink, marketed as 'The Intelligent Alternative' to standard artificial energy drinks and has recently produced a special 'ROKET FUEL' version to celebrate ROK's association with Ronnie 'The Rocket' O'Sullivan.
ROK Water represents the eco-friendly solution to the growing international bottled-water market with its unique and patented bio-degradable plastic bottles. ROK Water is scheduled for launch in Q4 2013.
PURE ROK is a unique high-performance, low-cost water-purification system which converts foul and polluted water - including sea water - into clean, safe drinking water with no moving parts and no need for artificial power supplies. PURE ROK is designed to tackle the global drinking water crisis faced by 1 billion people worldwide and will launch in Q3 2013.
Safe Harbor Statement:
The statements contained herein are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward- looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time.
End of Corporate News