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PVA TePla AG: Main shareholder sells shareholding

·1-min read

DGAP-News: PVA TePla AG / Key word(s): Miscellaneous
25.06.2021 / 10:48
The issuer is solely responsible for the content of this announcement.

PVA TePla: Main shareholder sells shareholding

PA Beteiligungsgesellschaft mbH, the main shareholder of PVA TePla AG (ISIN: DE0007461006), has sold 2.5 million shares to institutional investors in a private placement.

PA Beteiligungsgesellschaft held approx. 25% of PVA TePla AG and is now reducing its stake to around 14.5% following the placement. It remains the largest shareholder of PVA TePla AG. A 2-year lock-up period has been agreed for the shares remaining with PA Beteiligungsgesellschaft.

"The free float of PVA TePla shares will increase significantly to 86% as a result of this transaction, thus further enhancing the attractiveness of PVA TePla AG on the capital market," explains the CEO of PVA TePla AG, Manfred Bender. "I am pleased that we have been able to significantly expand our international investor base."

 

For further information, please contact:
Dr. Gert Fisahn
Investor Relations
Phone: +49 641 68690-400
mailto: gert.fisahn@pvatepla.com


 


25.06.2021 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:

PVA TePla AG

Im Westpark 10-12

35435 Wettenberg

Germany

Phone:

0641/686900

Fax:

0641/68690800

E-mail:

info@pvatepla.com

Internet:

www.pvatepla.com

ISIN:

DE0007461006

WKN:

746100

Listed:

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

EQS News ID:

1212181


 

End of News

DGAP News Service

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