Muehlhan AG
Muehlhan AG: Syntegra offers their shares to Greverath family and management
DGAP-News: Muehlhan AG / Key word(s): Miscellaneous PRESS RELEASE Muehlhan AG: Syntegra offers their shares to Greverath family and management Hamburg, 4 July 2016 – Muehlhan AG has been informed by its second largest shareholder Syntegra Investments 1 S.A.R.L. about their intention to sell their 17.2% stake in Muehlhan AG. To that purpose, Syntegra will offer their Muehlhan shares to the Greverath family (up to 50% of Syntegra’s stake), and to a group of 46 parties, consisting almost exclusively of Muehlhan Group’s executive staff (the remaining Syntegra’s stake), at a price of EUR 1.20 per share. A lockup period of 3 months (50% of the acquired shares), respectively 6 months (for the remaining 50% of the acquired shares) will apply. About Muehlhan: Worldwide, the Muehlhan Group is a reliable partner in industrial services and high-quality surface protection. As one of the few full-service providers, we offer our customers a broad range of services designed to meet the exacting quality standards expected in professional industrial services. Our customers benefit from our exceptional organizational skills, on-time delivery, the technical expertise that differentiates us from our competitors and our more than 130 years of experience. Press contact: Muehlhan AG; Tel.: +49 40 75271-150; e-mail: investorrelations@muehlhan.com
2016-07-04 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English | |
Company: | Muehlhan AG | |
Schlinckstrasse 3 | ||
21107 Hamburg | ||
Germany | ||
Phone: | +49 40 75271 0 | |
Fax: | +49 40 75271 130 | |
E-mail: | investorrelations@muehlhan.com | |
Internet: | www.muehlhan.com | |
ISIN: | DE000A0KD0F7 | |
WKN: | A0KD0F | |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart; Open Market (Entry Standard) in Frankfurt | |
End of News | DGAP News Service |