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Friday 27 December, 2019

euromicron AG

Sale of all subsidiary companies

DGAP-Ad-hoc: euromicron AG / Key word(s): Disposal
euromicron AG: Sale of all subsidiary companies

28-Dec-2019 / 00:37 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.


Neu- Isenburg, December 28, 2019 - After opening of the insolvency proceedings on December 23, 2019 the committee of creditors of euromicron AG (WKN A1K030) has approved the sale of all domestic and international subsidiary companies to the Gustav Zech Foundation. The contracts shall be executed shortly after successful clearance by the cartel authorities. The Gustav Zech Foundation will be financing the operating business of all subsidiary companies of euromicron AG. It was agreed to remain silent about the purchase price. In all probability, the proceeds will not be sufficient for a complete settlement of all insolvency claims.

Communicating person:
Dr. Jan Markus Plathner
Insolvency administrator of euromicron AG
Telefon: +49 69 631583-0
[email protected]
___________________________________________________________________
About euromicron AG:
euromicron AG (www.euromicron.de) is a medium-sized technology group that unites 16 companies from the fields of Smart Buildings, Smart Industry, Critical Infrastructures and Smart Services. Rooted in Germany, euromicron operates internationally with its around 1,900 employees at 40 locations. Backed by its expertise in sensor systems, terminal devices, infrastructures, platforms, software and services, euromicron is able to offer its customers end-to-end solutions from a single source. As a result, euromicron helps small and medium-sized enterprises, large companies and public-sector organizations enhance their agility and efficiency, prevent security risks and develop new business models. As a German specialist for the Internet of Things (IoT), euromicron enables its customers to network business and production processes and successfully achieve digitization. euromicron AG generated total sales of €318.0 million in fiscal year 2018.

Press contact euromicron AG:
euromicron AG
Investor & Public Relations
Siemensstraße 6
63263 Neu- Isenburg
Phone: +49 69 631583-0
Fax: +49 69 631583-17
[email protected]
www.euromicron.de
ISIN DE000A1K0300
WKN A1K030


28-Dec-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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