euro adhoc: Plambeck Neue Energien AG
Strategic management decisions /
Plambeck Neue Energien AG sells its shares in SSP Technology A/S to the private
equity investor Ventizz
-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------
Spin-offs
30.06.2008
Cuxhaven, June 30, 2008 - Plambeck Neue Energien AG (ISIN: DE000A0JBPG2) today signed the contract for the sale of its shares in the Danish rotor blade manufacturer SSP Technology A/S. The sale to Ventizz is taking place on the basis of a total corporate value of around 51 mill. Euro adjusted by liquid funds and financial debts (about 7 mill. Euro). Plambeck Neue Energien AG currently holds 67.26 % of the shares in SSP, which will be completely transferred to Ventizz following receipt of the purchase price upon closing. Plambeck Neue Energien AG receives liquidity of about 35 mill. Euro as a result of the sale. The shares in SSP are stated on the group balance sheet of Plambeck Neue Energien with a value of approx. 5.1 mill. Euro as per June 30, 2008.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Rainer Heinsohn
Plambeck Neue Energien AG / Öffentlichkeitsarbeit
Tel.: +49(0)4721-718-453
heinsohn@plambeck.de
Branche: Alternative energy
ISIN: DE000A0JBPG2
WKN: A0JBPG
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade
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