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Pfeiffer Vacuum Technology AG: Pfeiffer Vacuum Technology AG Announces Receipt of a Notice from Pangea GmbH of its Intention to Enter Into a Domination and Profit Transfer Agreement

Pfeiffer Vacuum Technology AG / Key word(s): Miscellaneous
Pfeiffer Vacuum Technology AG: Pfeiffer Vacuum Technology AG Announces Receipt of a Notice from Pangea GmbH of its Intention to Enter Into a Domination and Profit Transfer Agreement

06-Nov-2022 / 21:03 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 Release

Disclosure of an inside information according to Article 17 MAR

Pfeiffer Vacuum Technology AG Announces Receipt of a Notice from Pangea GmbH of its Intention to Enter Into a Domination and Profit Transfer Agreement


Asslar, November 6, 2022 Today, Pfeiffer Vacuum Technology AG ("Pfeiffer Vacuum") has received a notification from its major shareholder, Pangea GmbH with registered seat in Maulburg, informing it about the unconditional intent of Pangea GmbH to conclude a domination and profit transfer agreement (Sec. 291 para. 1 German Stock Corporation Act) with Pfeiffer Vacuum as the controlled company and Pangea GmbH as the controlling company with the right to transfer profits. Pangea GmbH wants to commence negotiations in the short term. The background for this, according to Pangea GmbH, is that it wants to simplify the coordination between the two groups of companies and in particular the decision-making processes, as this would be more in line with Busch Group's understanding as a family business. Pangea GmbH, which belongs to the Busch Group, currently holds, according to information provided by it, about 63.66% of the shares in Pfeiffer Vacuum. This means that in recent years Pangea GmbH alone consistently had had a majority of more than 75% of the votes validly cast at the respective general meetings of Pfeiffer Vacuum.

 

Contact:

Heide Erickson
Pfeiffer Vacuum Technology AG
Berliner Strasse 43
35614 Asslar
T +49 6441 802-1360
M +49 162 2022573
F +49 6441 802-1365
heide.erickson@pfeiffer-vacuum.de
www.pfeiffer-vacuum.com

06-Nov-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language:

English

Company:

Pfeiffer Vacuum Technology AG

Berliner Str. 43

35614 Asslar

Germany

Phone:

+49 6441 802-0

Fax:

+49 6441 802-1365

E-mail:

info@pfeiffer-vacuum.de

Internet:

www.pfeiffer-vacuum.de

ISIN:

DE0006916604

WKN:

691660

Indices:

SDAX,

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1480045


 

End of Announcement

EQS News Service

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