Masterflex SE — Share Issue/Capital Change 2012

Mar 26, 2012

News Details

Ad-hoc | 26 March 2012 14:31

Masterflex AG to focus on its holding function and be transformed into an SE

Masterflex AG / Key word(s): Strategic Company Decision

26.03.2012 14:31

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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Masterflex AG to focus on its holding function and be transformed into an
SE

Gelsenkirchen, 26 March 2012 - Based on comprehensive preliminary
investigations, the Executive and Supervisory Boards have decided to press
ahead with the reorganisation of Masterflex AG into a pure management and
financial holding company. As a result of the preliminary investigations,
Masterflex AG's operating business at the location Gelsenkirchen is to be
transferred to a wholly owned subsidiary by way of a spin-off under the law
regulating the transformation of companies. Via a spin-off, a legal entity
can transfer a part or several parts of its assets to another existing
legal entity in exchange for the granting of shares or memberships. All the
operating activities of Masterflex AG are to be the subjects of the
spin-off, but not the assets or liabilities necessary for its function as a
holding company managing the Group. There is no change in the assets of the
Masterflex Group associated with this, apart from the allocation of
operating assets and liabilities to an existing wholly-owned subsidiary.

The objective of the spin-off is to improve the management of the operating
units, above all with regard to the increasing internationalisation of the
Masterflex Group's activities in the high-tech hose and connector business.
As a similar expression of this internationalisation, Masterflex AG's legal
form is to be transformed into that of an SE (Societas Europaea).

Both steps are subject to approval by the Annual General Meeting.

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Information and Explaination of the Issuer to this News:

The Masterflex Group, based in Gelsenkirchen, is a specialist in the
development and production of high-quality connector and hose systems using
innovative high-tech plastics. With operational subsidiaries soon to number
14 in Europe, America and Asia, the Group is represented almost all around
the world. The many potential uses of high-tech hoses, coupled with
outstanding expertise in the processing of high-end plastics, enable
Masterflex to provide solutions that would otherwise be inadequate or
impossible with conventional materials. The Group's growth is driven by
internationalisation and innovation. Masterflex shares have been listed as
Prime Standard on the German stock exchange since 2000.

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Language: English
Company: Masterflex AG
Willy-Brandt-Allee 300
45891 Gelsenkirchen
Germany
Phone: +49 (0)209 97077-44
Fax: +49 (0)209 97077-20
E-mail: annette.littmann@masterflex.de
Internet: www.masterflex.de
ISIN: DE0005492938
WKN: 549 293
Indices: Prime all share
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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