Allgeier SE — M&A Activity 2002

Mar 4, 2002

News Details

Ad-hoc | 4 March 2002 19:28

Allgeier Computer AG english

Allgeier separates from UK participation Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Bremen, Germany, 04 March 2002 With immediate effect, Allgeier Computer AG, Bremen, Germany, has sold its deficit-producing 100 % subsidiary Allgeier Computer Limited, Birmingham, England, because of missing prospects of growth. The British subsidiary again has to show negative operative earnings for the previous business year. With this transaction the Bremen company is consequently pursuing its repositioning programme and is now concentrating its foreign activities in its subsidiaries in Belgium, France and the Netherlands on the area of Document Management Systems. For the business year 2002 Allgeier assumes that a positive overall result can be achieved. For questions: Hubert Rohrer Management Board Hans-Bredow-Strasse 60 D-28307 Bremen Germany Phone: +49 (0)421-43 84 12 12 Fax: +49 (0)421-43 84 12 58 E-mail: ir@allgeier.com end of ad-hoc-announcement (c)DGAP 04.03.2002 ——————————————————————————– WKN: 508630; ISIN: DE0005086300; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Stuttgart, München, Berlin, Bremen, Hamburg, Hannover, Düsseldorf 041928 Mär 02