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News aus der technotrans Gruppe
03.11.2016
Category: technotrans, Investor Relations, Ad hoc, 2016

technotrans Group intends to dispose of treasury shares


Sassenberg, November 3, 2016, 5.40 pm  – The Board of Management of technotrans AG has, with the consent of the Supervisory Board, resolved to dispose of the 374,915 treasury shares held by the company (equivalent to around 5.43 % of the share capital), excluding the subscription right of shareholders. The treasury shares are to be disposed of with minimal market impact to institutional investors in Germany and other European countries, with the involvement of Bankhaus Lampe, Düsseldorf.
The proceeds from the placement of the treasury shares will increase the company’s financial flexibility, partly for general business purposes but also to offset the financing of the recently acquired majority interest in gwk Gesellschaft Wärme Kältetechnik mbH.