pgam advanced technologies AG
pgam adv. tech AG: Sale of Business
Ad hoc announcement §15 WpHG
Sale of Business
pgam adv. tech AG: Sale of Business
Ad hoc announcement processed and transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Sale of Business
The receiver of pgam advanced technologies AG entered today into an agreement
with Farmingtons Group on the sale of the business of the company as well as
on the sale of the shares of the subsidiaries Indikar Individual Karosseriebau
GmbH, Wilkau-Haßlau, and pgam advanced technologies Ltd. UK. It is intended
to transfer 244 employees in the course of the transaction.
The receiver and Farmingtons Group are still in negotiations regarding the
sale of the factory premises in Georgsmarienhütte.
The transaction will probably have a total purchase price volume of approx. 9
Mio. EUR.
pgam advanced technologies AG will now be liquidated.
Georgsmarienhütte, 9. September 2005
pgam advanced technologies AG
Beekebreite 18-20
49124 Georgsmarienhütte
Deutschland
ISIN: DE0005138408
WKN: 513840
Listed: Geregelter Markt in Frankfurt (General Standard); Freiverkehr in
Berlin-Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
End of ad hoc announcement (c)DGAP 09.09.2005
092100 Sep 05
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