Pyramid AG - Earnings Release 2016

News Details

Ad-hoc | 16 August 2017 13:59

mic AG: Sale of direct investment Aifotec AG – Liquidity inflow of approx. EUR 0.71 million

mic AG / Key word(s): Disposal

16-Aug-2017 / 13:59 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.

Munich, 16 August 2017 – mic AG sold its 37.05% stake in Aifotec AG to GUB Wagniskapital GmbH & Co. KGaA on payment of a cash purchase price. mic AG thus receives sales proceeds of approximately EUR 0.71 million.

mic AG will use the purchase price payment to further reduce existing liabilities. The purchase price for the Aifotec shares is approximately 10% above its book value in the annual financial statements 2016, which has not yet been determined and presented due to ongoing audits. The presentation of the audited financial statements is still expected shortly.

Contact mic AG:

Andreas Empl

Empl communication & capital

Im Auftrag der

mic AG

Denisstr. 1b

D-80335 München

Tel: +49 89 244192 200

Fax: +49 89 244192 230

[email protected]

www.mic-ag.eu

ISIN: DE000A0KF6S5 | WKN: A0KF6S | Symbol: M3B

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Language:	English
Company:	mic AG
	Denisstr. 1b
	80335 München
	Germany
Phone:	+49 89 244192 200
Fax:	+49 89 244192 230
E-mail:	[email protected]
Internet:	www.mic-ag.eu
ISIN:	DE000A0KF6S5
WKN:	A0KF6S
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange; Open Market (Scale) in Frankfurt