EQS-Adhoc: The NAGA Group AG: The Naga Group AG is in discussions to pursue a strategic transaction with a multi-country brokerage firm

EQS-Ad-hoc: The NAGA Group AG / Key word(s): Merger
The NAGA Group AG: The Naga Group AG is in discussions to pursue a strategic transaction with a multi-country brokerage firm

19-Jan-2023 / 15:47 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.

Ad hoc announcement pursuant to Art. 17 Market Abuse Regulation

- The Naga Group AG is in discussions to pursue a strategic transaction with a multi-country brokerage firm -

Hamburg, 19 January 2023. The Naga Group AG (Naga) is in discussions to pursue a potential strategic transaction with a multi-country brokerage firm, potentially in the form of a merger of the two companies. Naga will maintain its current listing status following the consummation of any such transaction.

The transaction is subject to due diligence and is expected to be finalised subject to customary conditions precedent and regulatory approvals, and to close in Q4 2023.

Contact:
The NAGA Group AG
Andreas Luecke
Management Board
Hohe Bleichen 12
20354 Hamburg
T: +49 (0)40 524 77910
E: ir@naga.com

End of ad hoc announcement

19-Jan-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English Company: The NAGA Group AG Hohe Bleichen 12 20354 Hamburg Germany E-mail: info@naga.com Internet: www.naga.com ISIN: DE000A161NR7 WKN: A161NR Indices: Scale 30 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1539423
End of Announcement EQS News Service

1539423 19-Jan-2023 CET/CEST