Meyer Burger Technology AG
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. --------------------------------------------------------------------------- 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. --------------------------------------------------------------------------- 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 --------------------------------------------------------------------------- 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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