technotrans SE

Transaction in Own Shares • Nov 3, 2016

News Details

Ad-hoc | 3 November 2016 18:22

technotrans Group intends to dispose of treasury shares

technotrans AG / Key word(s): Miscellaneous

03.11.2016 18:22

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Disclosure of inside information in accordance with Article 17 of MAR

Ad hoc information from technotrans AG (ISIN: DE000A0XYGA7)

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.

Contact: technotrans AG, Investor Relations, Katharina Arens, tel. +49 (0)2
5 83301-1890, email: katharina.arens@technotrans.de

End of ad hoc information

03.11.2016 The DGAP Distribution Services include Regulatory Announcements,
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Language: English
Company: technotrans AG
Robert-Linnemann-Str. 17
48336 Sassenberg
Germany
Phone: +49 (0)2583 - 301 - 1000
Fax: +49 (0)2583 - 301 - 1030
E-mail: info@technotrans.de
Internet: http://www.technotrans.de
ISIN: DE000A0XYGA7
WKN: A0XYGA
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange

End of Announcement DGAP News-Service

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