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Nanogate SE: Sale of Nanogate Electronic Systems GmbH agreed

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DGAP-News: NANOGATE SE / Key word(s): Insolvency/Disposal
20.12.2021 / 12:04
The issuer is solely responsible for the content of this announcement.

Nanogate SE: Sale of Nanogate Electronic Systems GmbH agreed

Göttelborn, Germany, December 20, 2021. Nanogate SE has today contractually agreed to sell its subsidiary Nanogate Electronic Systems GmbH (Neudörfl, Austria) to an investor.

As part of the transaction, Nanogate is selling 100 percent of the shares in the Group's last remaining operating company. The purchase price, which has been agreed not to be disclosed, will go to the insolvency estate of Nanogate SE and will be used to satisfy creditors. The transaction is expected to be closed in the next few weeks.

As a result, the Nanogate Group no longer has any operating business. As part of the insolvency in self-administration, it is planned to wind up and dissolve Nanogate SE and the subsidiaries that are also insolvent (liquidation). As already announced, trading in Nanogate shares on the Frankfurt Stock Exchange is expected to end at the close of trading on February 4, 2022.

Contact

Christian Dose/Susanne Horstmann | WMP EuroCom AG
Tel. +49 69 2475 689 491 / +49 89 20 300 6490 | ir@nanogate.com

Nanogate SE | Zum Schacht 3 | 66287 Quierschied-Göttelborn
www.nanogate.com | twitter.com/nanogate_se

Nanogate SE

In June 2020, Nanogate SE filed for insolvency in self-administration (protective shield proceedings). As part of the restructuring, the core business and other subsidiaries were sold. It is planned to wind down and dissolve Nanogate SE and the subsidiaries that are also insolvent (liquidation). In this context, Nanogate SE's listing on the Basic Board of Frankfurt Stock Exchange is expected to be terminated with effect from the close of trading on February 4, 2022.

Disclaimer

This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public.


20.12.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

NANOGATE SE

Zum Schacht 3

66287 Göttelborn

Germany

Phone:

+49 (0)6825/95 91 0

Fax:

+49 (0)6825/95 91 852

E-mail:

ir@nanogate.com

Internet:

www.nanogate.de

ISIN:

DE000A0JKHC9,

WKN:

A0JKHC

Indices:

Scale 30

Listed:

Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1260081


 

End of News

DGAP News Service

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