Roth & Rau AG

  • WKN: A0JCZ5
  • ISIN: DE000A0JCZ51
  • Land: Germany

Nachricht vom 08.11.2011 | 11:42

Roth & Rau AG: Meyer Burger discontinues preparations for control and/or profit transfer agreement


Roth & Rau AG  / Key word(s): Miscellaneous

08.11.2011 11:42

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Roth & Rau AG: Meyer Burger discontinues preparations for control and/or
profit transfer agreement

Hohenstein-Ernstthal, 8 November 2011 - The Management Board of Roth & Rau
AG was today informed by Meyer Burger Technology AG that the preparations
for the intended control and/or profit transfer agreement between MBT
Systems GmbH as controlling company and Roth & Rau AG as dependent company
have been discontinued.


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Information and Explaination of the Issuer to this News:

'Given the significant downturn in new orders in recent months and the
substantial losses incurred at Roth & Rau AG, we see Meyer Burger's
decision as an opportunity to focus even more closely on our strategic
realignment and targeted turnaround', commented Peter Frankfurter, CFO of
Roth & Rau AG.

The company will now be channelling all of its efforts into adapting its
cost and organisational structures as quickly as possible to secure a
rapid, sustainable improvement in its earnings and financial position.


Roth & Rau AG
Prof. Dr. Silvia Roth
Tel.: +49 (0) 3723/671-3333
E-mail: investor@roth-rau.de




08.11.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Roth & Rau AG
              An der Baumschule 6-8
              09337 Hohenstein-Ernstthal
              Germany
Phone:        03723 6685-0
Fax:          03723 6685-100
E-mail:       info@roth-rau.de
Internet:     www.roth-rau.de
ISIN:         DE000A0JCZ51
WKN:          A0JCZ5
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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