Dantherm
Information about Closing related to divestment of the business segment Telecom

Dantherm 

06.06.2014 08:59

Dissemination of a Adhoc News, transmitted by DGAP - a company of EQS Group
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The issuer is solely responsible for the content of this announcement.

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Skive, Denmark, 2014-06-06 08:59 CEST (GLOBE NEWSWIRE) -- 

As stated in company announcement no. 3, 24 March 2014, Dantherm entered into
an agreement with the parent company of China Technologies Holdings Group Co.,
Ltd. on the divestment of the Telecom business segment. Closing related to the
divestment was expected to be completed before the end of May 2014. Closing was
among others conditional upon the buyer obtaining regulatory approvals under
Chinese rules on foreign investments. 

The permission from the Chinese authorities to complete the transaction was not
obtained until the end of May 2014, and Closing related to the divestment is
accordingly expected to be completed in June 2014. 

Any enquiries concerning this announcement can be directed to President & CEO
Torben Duer on tel. +45 99 14 90 14.
News Source: NASDAQ OMX



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Language:     English
Company:      Dantherm
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010223692
WKN:          
 
End of Announcement                             DGAP News-Service
 
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