systaic AG
SYSTAIC sells its 64 percent share in the joint venture Webasto Solar GmbH to Webasto AG
systaic AG / Disposal 30.06.2010 11:15 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. --------------------------------------------------------------------------- SYSTAIC sells its 64 percent share in the joint venture Webasto Solar GmbH to Webasto AG Today the solar technology company systaic AG has sold its 64 percent holding in the joint venture Webasto Solar GmbH, Landsberg am Lech, to the automotive supplier Webasto AG, Stockdorf. Webasto AG already held 36 percent of the share. The joint venture has been existing since 2007. SYSTAIC will receive a cash purchase price of approximately 1 million euro. Both companies will maintain a cooperative relationship. The sale is in line with SYSTAIC's strategy of reducing the complexity of the group and focussing on its core competencies in building-integrated solar systems. Contact: systaic AG Investor Relations Benrather Straße 18-20 40213 Düsseldorf Germany Phone: 0049-211-828559-0 Fax: 0049-211-828559-229 ir@systaic.com www.systaic.com 30.06.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: systaic AG Benrather Straße 18-20 40213 Düsseldorf Deutschland Phone: +49 (0)211 828559-0 Fax: +49 (0)211 828559-29 E-mail: ir@systaic.com Internet: http://www.systaic.de ISIN: DE000A0JKYP6 WKN: A0JKYP Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
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