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Ad-hoc | 24 April 2023 17:35

PNE AG: Progress with the intended sale of the US business

PNE AG / Key word(s): Miscellaneous

PNE AG: Progress with the intended sale of the US business

24-Apr-2023 / 17:35 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Ad hoc-disclosure of PNE AG

Publication of inside information pursuant to Art. 17 of Regulation (EU) No. 596/2014) (ISIN:DE000A0JBPG2)

Progress with the intended sale of the US business

Cuxhaven, 24.04.2023 – PNE AG intends to sell its US business and has engaged Nomura Group to assist in a corresponding sales process. As part of this sales process, a number of potential acquirers have now submitted non-binding offers. However, it is still open at present whether and, if so, at what price and to which potential buyer a sale of the US business could actually take place. If an agreement on the sale of the US business is actually concluded, this could lead to the generation of corresponding extraordinary income, depending on the respective purchase price.

Negotiations on the sale are to begin with selected bidders in the near future.

Contact:

PNE AG

Alexander Lennemann

Head of Corporate Communication

Tel: +49(0) 47 21 – 7 18 – 453

Fax: +49(0) 47 21 – 7 18 – 373

E-mail: [email protected]

End of Inside Information

24-Apr-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	PNE AG
	Peter-Henlein-Straße 2-4
	27472 Cuxhaven
	Germany
Phone:	04721 / 718 – 06
Fax:	04721 / 718 – 200
E-mail:	[email protected]
Internet:	http://www.pne-ag.com
ISIN:	DE000A0JBPG2, DE000A2LQ3M9, , DE000A12UMG0,
WKN:	A0JBPG, A2LQ3M, , A12UMG,
Indices:	SDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1615557