EANS-Adhoc: HTI High Tech Industries AG
HTI sells its stake in Technoplast in
the course of its restructuring process
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 15.05.2012 HTI High Tech Industries AG (HTI) in consistent pursuit of the restructuring measures currently under implementation, has decided to sell its stake in Technoplast Kunststofftechnik GmbH & Co KG to third parties. Due to the economic frame conditions it is planned to execute the company in the course of insolvency proceedings. However, HTI remains active in the division Extrusion Technology. The tools that were produced by Technoplast Kunststofftechnik GmbH & Co KG will in future be purchased mostly from a Joint Venture in Asia, which has been existing for years already. Further inquiry note: HTI High Tech Industries AG Peter Glatzmeier CEO Tel: +43 (0) 3862 304 - 8590 Fax: +43 (0) 3862 304 - 7598 E-Mail: peter.glatzmeier@hti-ag.at HTI High Tech Industries AG Nadja Goyer Corporate Communications & Investor Relations Tel: +43 (0) 3862 304 - 8562 Fax: +43 (0) 3862 304 - 7598 E-Mail: nadja.goyer@hti-ag.at end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: HTI High Tech Industries AG Gruber & Kaja Straße 1 A-4502 St. Marien bei Neuhofen phone: +43(0)3862/304-8562 FAX: +43(0)3862/304-7598 mail: ir@hti-ag.at WWW: http://www.hti-ag.at sector: Holding companies ISIN: AT0000764626 indexes: WBI, Prime Market stockmarkets: official market: Wien language: English
Original content of: HTI High Tech Industries AG, transmitted by news aktuell