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| Datum : | 13.05.2014 |
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DGAP-News: OHB AG: Fresh equity issued by Aerotech Peissenberg - OHB's stake reduced |
| Meldung : | DGAP-News: OHB AG / Key word(s): Miscellaneous OHB AG: Fresh equity issued by Aerotech Peissenberg - OHB's stake reduced 13.05.2014 / 11:11 --------------------------------------------------------------------- Aerotech Peissenberg GmbH & Co. KG (ATP), in which OHB AG has hitherto held a majority stake via MT Aerospace Holding, issued fresh equity of EUR 2.0 million on May 13, 2014. The proceeds from the issue will improve ATP's financial situation, allowing it to successfully continue on the restructuring and growth course it has already adopted. The sole subscriber of the issue was Apollo Capital Partners GmbH (with 30% minority shareholder of MT Aerospace Holding), which has thus assumed a majority interest in and industrial control over ATP. Accordingly, the company will no longer be consolidated by OHB AG. However, the Group will remain a non-controlling shareholder and recognize this investment using the equity method of accounting. Looking forward, the OHB Group's strategy of concentrating on projects in application and benefit-oriented space technology in the areas of navigation, telecommunications and weather/earth observation will be additionally stepped up. OHB is increasingly benefiting from the evolution of space technology away from a government-initiated research-driven pursuit towards an application-oriented activity addressing customers from a wide range of different sectors. Contact: Investor Relations Martina Lilienthal Tel.: +49 421 - 2020-720 Fax: +49 421 - 2020-613 E-Mail: martina.lilienthal@ohb.de Corporate Communications Martin Stade Tel.: +49 421 - 2020-620 Fax: +49 421 - 2020-9898 E-Mail: martin.stade@ohb.de End of Corporate News --------------------------------------------------------------------- 13.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------- Language: English Company: OHB AG Karl-Ferdinand-Braun-Str. 8 28359 Bremen Germany Phone: +49 (0)421 2020 8 Fax: +49 (0)421 2020 613 E-mail: ir@ohb.de Internet: www.ohb.de ISIN: DE0005936124 WKN: 593612 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 268069 13.05.2014 |
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