UET United Electronic Technology AG

  • WKN: A0LBKW
  • ISIN: DE000A0LBKW6
  • Land: Deutschland

Nachricht vom 21.06.2018 | 15:28

UET United Electronic Technology AG closes spin off of business area MANUFACTURING

UET United Electronic Technology AG / Key word(s): Disposal/Miscellaneous
UET United Electronic Technology AG closes spin off of business area MANUFACTURING

21-Jun-2018 / 15:28 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


  • Focus on business areas SYSTEMS, SERVICE and ENGINEERING
  • Positive extraordinary result of EUR 2 million

UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, reports that the transaction to sell and spin off the business area MANUFACTURING has been completed and closed.

The UET Group now operates the three business areas SYSTEMS, SERVICE and ENGINEERING and continues with the development of those areas.

Effective June 2018 NewTal Elektronik & Systeme GmbH has been divested in a share deal transaction and will be operated with focus under a new ownership. NewTal will be taken out of the UET Group consolidation reporting as per June 2018.

With this transaction there will be a positive operating result of about EUR 2 Mio. that will be reported as extraordinary income and included in the half year result as of June 30th 2018.


Contact:
UET United Electronic Technology AG
Frankfurter Straße 80-82
D-65760 Eschborn

Sebastian Schubert
Investor relations
Tel: + 49 (0) 6196 777755-0
E-Mail: investor@uet-group.com




Contact:
UET United Electronic Technology AG
Phone: +49 6196 7777550
Fax: +49 6196 7777559
eMail: investor@uet-group.com

21-Jun-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



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