Gigaset AG

Legal Proceedings Report • Jul 7, 2010

News Details

Ad-hoc | 7 July 2010 19:02

ARQUES Industries AG business premises searched / Preliminary investigation against member of executive board, Michael Hütten

ARQUES Industries AG / Miscellaneous

07.07.2010 19:02

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Munich, July 7, 2010. As a result of a resolution by the Munich district
court, the ARQUES Industries AG business premises in Munich were searched
today by employees of the public prosecutor's office. The search is part of
a preliminary investigation against ARQUES Industries AG executive board
member, Michael Hütten, due to the suspicion of a breach of trust (§§ 266
I, II, 263 III No. 2 of the German Criminal Code) relating to the
withdrawal of a request for payment in the autumn of 2009 amounting to 19.6
million Euro owed to ARQUES Industries AG in his capacity as managing
director of Gigaset Communications GmbH at the time. The ARQUES Industries
AG executive board considers the allegation against Mr. Hütten not
supportable and is cooperating with the authorities in order to support
clearing up the matter rapidly.

The shares of ARQUES Industries AG are traded in the Prime Standard of the
Frankfurt Stock Exchange. Symbol: AQU, ISIN: DE0005156004.

07.07.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: ARQUES Industries AG
Arnulf Office Park - Arnulfstraße 37-39
80636 München
Deutschland
Phone: +49 89/255500-0
Fax: +49 89/255500-200
E-mail: wiedemannn@arques.de
Internet: www.arques.de
ISIN: DE0005156004
WKN: 515600
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Hamburg, Stuttgart

End of News DGAP News-Service

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