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EQS-Adhoc: STEICO SE: Statement on current media reports


EQS-Ad-hoc: STEICO SE / Key word(s): Statement
STEICO SE: Statement on current media reports

12-May-2023 / 16:52 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


STEICO SE confirms that its indirect majority shareholder and CEO Udo Schramek is exploring strategic options regarding his shares in STEICO SE. This includes the possibility of selling a majority of the shares in STEICO SE. These are deliberations that Mr. Schramek is conducting solely in his function as indirect majority shareholder of STEICO SE, in which STEICO SE is not otherwise involved. We are therefore unable to provide any further information on the status of the deliberations of our majority shareholder at the present time. However, as a precautionary measure, it is pointed out that even a majority sale of the shares in STEICO SE does not lead to the need for a takeover offer with regard to the remaining shares in STEICO SE, as STEICO SE is only traded on the open market and therefore the provisions of the German Securities Acquisition and Takeover Act (WpÜG) do not apply.



Contact:
STEICO SE
Andreas Schulze
Head of Investor Relations
Otto-Lilienthal-Ring 30
85622 Feldkirchen
Fon: +49-(0)89-99 15 51-548
Fax: +49-(0)89-99 15 51-704
E-Mail: a.schulze@steico.com
www.steico.com


End of Inside Information

12-May-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: STEICO SE
Otto-Lilienthal-Ring 30
85622 Feldkirchen
Germany
Phone: +49 - (0)89 - 99 15 51 - 0
Fax: +49 - (0)89 - 99 15 51 - 700
E-mail: info@steico.com
Internet: http://www.steico.com
ISIN: DE000A0LR936
WKN: A0LR93
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 1632221

 
End of Announcement EQS News Service

1632221  12-May-2023 CET/CEST

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Steico SE Stock

€35.75
-1.390%
We can see a decrease in the price for Steico SE. Compared to yesterday it has lost -€0.500 (-1.390%).
With 6 Buy predictions and not the single Sell prediction the community is currently very high on Steico SE.
As a result the target price of 41 € shows a slightly positive potential of 14.69% compared to the current price of 35.75 € for Steico SE.
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