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UET United Electronic Technology AG

Share Issue/Capital Change Jan 8, 2015

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News Details

Corporate | 8 January 2015 11:30

UET United Electronic Technology AG announces sale of property in Arnsberg.

UET United Electronic Technology AG / Key word(s): Disposal/Miscellaneous

08.01.2015 / 11:30


Sale of non-core asset in Arnsberg

Reduction of financial liabilities in the amount of 3.7 million EUR

UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces the sale of the business property in Arnsberg and completes another important restructuring milestone.

After the Berndes Group left the UET Group in 2012 the property in Arnsberg has been considered as a non-core asset for the UET Group. As already announced during the previous year the sale of this real estate was planned.

With the now successfully performed sale of the property in Arnsberg another important restructuring milestone has been completed. The purchase price will be used to repay financial liabilities which will be reduced by about 3.7 million EUR.

In addition the UET AG has published the financial calender for the ongoing year.

Contact:

UET United Electronic Technology AG

Frankfurter Straße 80-82

D-65760 Eschborn

Sebastian Schubert

Tel: + 49 (0) 6196 777755-0

E-Mail: [email protected]


08.01.2015 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: UET United Electronic Technology AG
Frankfurter Straße 80-82
65760 Eschborn
Germany
Phone: +49 (0)6196-7777550
Fax: +49 (0)6196-7777559
E-mail: [email protected]
Internet: www.uet-group.com
ISIN: DE000A0LBKW6
WKN: A0LBKW
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Frankfurt in Open Market (Entry Standard)
End of News DGAP News-Service
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310991  08.01.2015

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