GRAMMER AG — M&A Activity 2017

Feb 14, 2017

News Details

Ad-hoc | 14 February 2017 02:36

Disclosure of inside information in accordance with Art. 17 MAR GRAMMER AG (WKN 589540, ISIN DE0005895403)

Grammer AG / Key word(s): Statement

14-Feb-2017 / 02:36 CET/CEST
Disclosure of an inside information acc. 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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Grammer AG confirms recent market rumors that it is in advanced discussions
to form a strategic partnership with Ningbo Jifeng Auto Parts Co. Ltd.
("Ningbo Jifeng"). Such a partnership could also ultimately entail a
shareholding of Ningbo Jifeng or an affiliate of Ningbo Jifeng in Grammer
AG.

Discussions between Grammer and Ningbo Jifeng are currently ongoing. No
decisions have been made to date. Grammer will inform the capital markets
as well as the broader public about the progress of these discussions in
line with its regulatory requirements.

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Information and Explanation of the Issuer to this News:

Contact:
Ralf Hoppe
Phone: +49-9621/66-2200
Fax: +49-9621/66-32200
E-mail: ralf.hoppe@grammer.com

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14-Feb-2017 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language: English
Company: Grammer AG
Georg-Grammer-Str. 2
92224 Amberg
Germany
Phone: +49 (0)9621 66-0
Fax: +49 (0)9621 66-1000
E-mail: investor-relations@grammer.com
Internet: www.grammer.com
ISIN: DE0005895403, DE0005895403
WKN: 589540, 589540
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich;
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Stuttgart, Tradegate Exchange

 End of Announcement    DGAP News Service