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WashTec AG — Major Shareholding Notification 2006
Feb 14, 2006
483_rns_2006-02-14_94879190-8b21-4274-bc3f-75c94aa11474.html
Major Shareholding Notification
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Corporate | 14 February 2006 16:15
WashTec AG: Edelmar, Achernar and Augias sell their stakes in WashTec
WashTec AG / Key word(s): Miscellaneous
14.02.2006 / 16:15
Augsburg, 14 February 2006 -The shareholders Edelmar Vermögensverwaltung GmbH, Achernar Vermögensverwaltung GmbH and Augias Vermögensverwaltung GmbH have sold their shares in WashTec AG, Augsburg of together 37.3 percent to a number of institutional investors. They informed WashTec about this transaction on 14 February 2006.
Thorsten Krüger, spokesman of the Board of WashTec commented: ‘The successful placement of the shares is a strong recognition of the market’s confidence in WashTec’s strategy and the expected positive operating performance. The successful restructuring and strategic repositioning of the company has been achieved in close cooperation and partnership with the departing shareholders. With a significant contribution during the restructuring phase they have supported the successful turnaround. The placement of their entire stakes will increase the free float and liquidity of the WashTec shares. This supports our objective of becoming a member of the SDAX index.’
With the largest installed base and subsidiaries in core markets of Europe and in the US, WashTec is the leading supplier of solutions for carwash systems worldwide.
Contact:
Karoline Kalb, Investor Relations
WashTec AG
Argonstraße 7
86153 Augsburg
Tel.: +49 (0)821 – 55 84 – 0
Fax: +49 (0)821 – 55 84 – 12 06
Mobile: +49 175 – 4302025
End of Corporate News
14.02.2006 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG.
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| Language: | English |
| Company: | WashTec AG |
| Argonstraße 7 | |
| 86153 Augsburg | |
| Germany | |
| Phone: | +49 (0)821 55 84-0 |
| Fax: | +49 (0)821 55 84-1135 |
| E-mail: | [email protected] |
| Internet: | www.washtec.de |
| ISIN: | DE0007507501 |
| WKN: | 750750 |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart |
| End of News | DGAP News-Service |
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| 1684 14.02.2006 |