DGAP-Adhoc: Mutares AG: Review of exit options for commercial vehicle supplier STS Group
DGAP-Ad-hoc: mutares AG / Key word(s): Private Equity/Disposal
Mutares AG: Review of exit options for commercial vehicle supplier STS Group
08-March-2018 / 09:26 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The Executive Board of Mutares AG, which is listed on the Scale 30 at Frankfurt Stock Exchange, confirms that various strategic options are currently being prepared for a (partial) exit with respect to its portfolio company STS Group AG, including a structured sales process or an IPO. The decision as to whether, in what form, to what extent and at what precise date the planned phase-out is to take place for the current year is still open and depends on various factors.
For further information, please contact:
Mutares AG
Soh-Pih Mariette Nikolai
Investor Relations & Corporate Communications
Tel. +49 89 9292776-0
Fax +49 89 9292776-22
ir@mutares.de
www.mutares.de
08-March-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
mutares AG
Arnulfstr.19
80335 Munich
Germany
Phone:
+49 (0)89-9292 776-0
Fax:
+49 (0)89-9292 776-22
E-mail:
ir@mutares.de
Internet:
www.mutares.de
ISIN:
DE000A0SMSH2
WKN:
A0SMSH
Listed:
Regulated Unofficial Market in Berlin, Frankfurt (Scale), Stuttgart, Tradegate Exchange
End of Announcement
DGAP News Service
661669 08-March-2018 CET/CEST