Realtech AG

M&A Activity • Jan 19, 2005

News Details

Ad-hoc | 19 January 2005 10:59

REALTECH AG: Sale of Australian subsidiary

Ad hoc announcement §15 WpHG Strategic Company Decisions REALTECH AG: Sale of Australian subsidiary Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Walldorf, January 19, 2005. On January 18, 2005, REALTECH AG sold its Australian subsidiary REALTECH Australia Pty. Ltd., Sydney, with effect from December 31, 2004, in the context of a management buy out (MBO). REALTECH will continue to operate under the same company name for the time being. The sale relates directly to the unsatisfactory income situation of REALTECH Australia and represents a step towards a profitable future for the REALTECH Group. Contact person: Volker Hensel Investor Relations REALTECH AG, 69190 Walldorf Tel.: +49.6227.837.500 Fax: +49.6227.837.9134 REALTECH AG Industriestrasse 39c 69190 Walldorf Deutschland ISIN: DE0007008906 WKN: 700890 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart End of ad hoc announcement (c)DGAP 19.01.2005 191059 Jän 05