Ad hoc disclosures
according to section 15 of the German Securities Trading Act (WpHG)
Redaktion |
Sale of shares in AlexanderSolia GmbH
Under today’s agreement, Alexanderwerk AG has sold all shares in AlexanderSolia GmbH, Remscheid, to a private investor.
Upon completion of the transaction, the security interests of financing credit institutions as well as of FoodTec GmbH i.I./i.L. in assets of Alexanderwerk AG, which currently still collateralize liabilities of AlexanderSolia GmbH, will expire.
All of the above-mentioned agreements are subject to several conditions precedent. The Executive Board expects that the conditions precedent will occur without undue delay.
Remscheid, August 12, 2011