EANS-Adhoc: Balda generates around EUR 87 million from sale of the remaining shares in TPK Holding
PR Newswire/euro adhoc/ EANS-Adhoc: Balda generates around EUR 87 million from sale of the remaining shares in TPK Holding ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
Earnings Forecast/Company Information/Sale of Shares 01.02.2013
Bad Oeynhausen, 1 February 2013 - Balda AG today announced that it has sold a total of 7,066,008 shares in TPK Holding Co., Ltd. at the best price via its Group company Balda Investments Singapore Pte. Ltd., generating proceeds of around EUR 87 million (based on today's exchange rate). The transaction was carried out by way of a block trade organized by investment bank CitiGroup. The sale will be reflected in Balda AG's earnings for the 2012/2013 financial year. As a result, a strong consolidated profit is to be expected for that financial year. This transaction marks the disposal of the remaining portion of Balda's investment in TPK Holding Co. Ltd.
Further inquiry note: Thilo M. Tern
CAT Consultants GmbH & Co. Ferdinandstraße 6 20095 Hamburg Telefon: +49 (0) 40 303744-70 E-Mail: firstname.lastname@example.org
issuer: Balda Aktiengesellschaft
Bergkirchener Str. 228
D-32549 Bad Oeynhausen phone: +49 (0) 5734 9 22-0 FAX: +49 (0) 5734 922-2604 mail: email@example.com WWW: http://www.balda.de sector: Semiconductors & active components ISIN: DE0005215107 indexes: SDAX, Prime All Share stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt language: English
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