DGAP-Adhoc: JENOPTIK AG: Jenoptik stops sales process of VINCORION
DGAP-Ad-hoc: JENOPTIK AG / Key word(s): Disposal
JENOPTIK AG: Jenoptik stops sales process of VINCORION
17-Jan-2020 / 19:32 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Jenoptik stops sales process of VINCORION
Jena, January 17, 2020 - The Executive Board of JENOPTIK AG (Frankfurt Prime Standard: JEN) has decided today to stop the process of selling the mechatronic business operating under the brand name VINCORION. The board has come to the conclusion that the offers submitted do not correspond to the business potential as demonstrated in the fiscal year 2019, and thus, do not meet Jenoptik's expectation. Going forward, VINCORION will be operated as an independent investment.
JENOPTIK AG
The Executive Board
Jena, January 17, 2020 - The Executive Board of JENOPTIK AG (Frankfurt Prime Standard: JEN) has decided today to stop the process of selling the mechatronic business operating under the brand name VINCORION. The board has come to the conclusion that the offers submitted do not correspond to the business potential as demonstrated in the fiscal year 2019, and thus, do not meet Jenoptik's expectation. Going forward, VINCORION will be operated as an independent investment.
JENOPTIK AG
The Executive Board
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956399 17-Jan-2020 CET/CEST