DGAP-Adhoc: Manz AG: Joint venture partner exercises call option to acquire Manz AG's share in Talus Manufacturing Ltd.
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DGAP-Ad-hoc: Manz AG / Key word(s): Disposal Publication of inside information pursuant to Art. 17 para. 1 of Regulation (EU) 596/2014 on market abuse (Market Abuse Regulation) Joint venture partner exercises call option to acquire Manz AG's share in Talus Manufacturing Ltd. Reutlingen, November 11, 2020 - The joint venture partner of Manz Taiwan Ltd., a subsidiary of Manz AG, has exercised its contractual call option to acquire Manz Taiwan Ltd.'s 80.5% share in Talus Manufacturing Ltd. Chungli City (Taiwan). The agreed selling price is in the mid double-digit million-euro range. The contribution to earnings made by Talus Manufacturing Ltd. totaled 8.8 million euros in fiscal year 2019 (previous year: - 2.6 million euros) and 9.3 million euros in the first nine months of fiscal year 2020. The transaction is still subject to regulatory approvals in Taiwan The joint venture partner is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Talus Manufacturing Ltd. is a global center for the refurbishment and upgrade of existing semiconductor manufacturing equipment. Additional information: ISIN: DE000A0JQ5U3 Manz AG
Investor Relations Contact: Manz AG cometis AG
11-Nov-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Manz AG |
| Steigäckerstr. 5 | |
| 72768 Reutlingen | |
| Germany | |
| Phone: | +49 (0) 7121 9000-0 |
| Fax: | +49 (0) 7121 9000-99 |
| E-mail: | [email protected] |
| Internet: | http://www.manz.com |
| ISIN: | DE000A0JQ5U3 |
| WKN: | A0JQ5U |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1147162 |
| End of Announcement | DGAP News Service |
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1147162 11-Nov-2020 CET/CEST
Manz AG Stock
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