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MAN SE (0KJB.L)

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12,103,999,488.00+38.66 (+0.00%)
At close: 6:07PM EDT
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  • EQS Group

    MAN SE: TRATON SE is not seeking the execution of the merger squeeze-out of the minority shareholders of MAN SE in 2020

    MAN SE / Key word(s): Squeeze Out MAN SE: TRATON SE is not seeking the execution of the merger squeeze-out of the minority shareholders of MAN SE in 2020 17-Sep-2020 / 20:37 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. * * * TRATON SE is not seeking the execution of the merger squeeze-out of the minority shareholders of MAN SE in 2020 Munich, 17 September 2020 \- Today, the Executive Board of TRATON SE has informed the Executive Board of MAN SE that TRATON SE has decided not to execute the squeeze-out of the minority shareholders of MAN SE, announced on 28 February 2020, in 2020. For the time being, MAN SE shall focus on its tasks from the realignment announced on 11 September 2020 and the handling of the impact from the Covid-19 pandemic. The full corporate integration of MAN SE into TRATON SE shall be pursued further in 2021. Contact: Dr. Martin Gstaltmeyr General Counsel T +49 175 579 20 43 martin.gstaltmeyr@man.eu MAN SE Dachauer Str. 641 80995 München, Deutschland www.corporate.man.eu * * *17-Sep-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de * * * Language: English Company: MAN SE Dachauer Str. 641 80995 München Germany Phone: +49 (0)89 360 98-0 Fax: +49 (0)89 360 98-572 E-mail: investor.relations@man.eu Internet: www.corporate.man.eu ISIN: DE0005937007, DE0005937031 WKN: 593700, 593703 Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (General Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange EQS News ID: 1133339 End of Announcement DGAP News Service

  • EQS Group

    MAN SE: Executive Boards of MAN SE and MAN Truck & Bus SE resolve on key terms of comprehensive realignment program

    MAN SE / Key word(s): Restructure of Company MAN SE: Executive Boards of MAN SE and MAN Truck & Bus SE resolve on key terms of comprehensive realignment program 11-Sep-2020 / 08:11 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. * * *Executive Boards of MAN SE and MAN Truck & Bus SE resolve on key terms of comprehensive realignment program Munich, September 11, 2020 \- Today, the Executive Boards of MAN SE and MAN Truck & Bus SE resolved on the key terms of a comprehensive realignment of MAN Truck & Bus SE. The aim of this realignment is to achieve an operating return on sales (RoS) of 8% in 2023. For this purpose, the management has planned a package of measures intended to improve operating result by around €1.8 billion.The intended realignment process will require a fundamental restructuring of all areas of the MAN Truck & Bus business, including reorganizing the development and production network as well as significant job cuts. According to current considerations, up to 9,500 jobs are to be cut in Germany and Austria and worldwide across all areas of the company. In this context, a partial relocation of some of the development and production processes to other sites is planned. Thereby, the production site in Steyr and the plants in Plauen and Wittlich are up for discussion.The Executive Boards are currently expecting the personnel measures planned to cause restructuring expenses within a medium to upper three-digit million Euro range.The Executive Board of MAN Truck & Bus SE will enter promptly into negotiations on the realignment with the employee representatives. The total cost of measures within the framework of the realignment of the company will depend on the negotiation result.Contact:Dr. Martin Gstaltmeyr General Counsel T +49 175 579 2043 martin.gstaltmeyr@man.euMAN SE Dachauer Str. 641 80995 Munich, Germany www.corporate.man.eu* * *11-Sep-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de * * * Language: English Company: MAN SE Dachauer Str. 641 80995 München Germany Phone: +49 (0)89 360 98-0 Fax: +49 (0)89 360 98-572 E-mail: investor.relations@man.eu Internet: www.corporate.man.eu ISIN: DE0005937007, DE0005937031 WKN: 593700, 593703 Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (General Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange EQS News ID: 1130223 End of Announcement DGAP News Service

  • EQS Group

    MAN SE: Two Board of Management members leaving the Board of Management of MAN SE

    MAN SE / Key word(s): Personnel MAN SE: Two Board of Management members leaving the Board of Management of MAN SE 07-Jul-2020 / 21:48 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. * * *Munich, 7 July 2020 \- The Supervisory Board of MAN SE and Mr. Joachim Drees have agreed today that Mr. Drees will leave the Board of Management of MAN SE by mutual consent with effect as of 15 July 2020. Mr. Drees will also leave the Boards of Management of TRATON SE and MAN Truck & Bus SE with effect as of 15 July 2020. Mr. Drees's successor as Chairman of the Boards of Management of MAN SE and MAN Truck & Bus SE and as member of the Board of Management of TRATON SE will be Dr. Andreas Tostmann. In addition to Mr. Drees, Prof. Dr. Carsten Intra will leave the Boards of Management of MAN SE, TRATON SE and MAN Truck & Bus SE with effect as of 15 July 2020. Dr. Intra will be succeeded by Dr. Martin Rabe on the Boards of Management of MAN SE and MAN Truck & Bus SE. Contact: Dr. Martin Gstaltmeyr General Counsel T +49 175 579 2043 martin.gstaltmeyr@man.eu MAN SE Dachauer Str. 641 80995 Munich, Germany www.corporate.man.eu * * *07-Jul-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de * * * Language: English Company: MAN SE Dachauer Str. 641 80995 München Germany Phone: +49 (0)89 360 98-0 Fax: +49 (0)89 360 98-572 E-mail: investor.relations@man.eu Internet: www.corporate.man.eu ISIN: DE0005937007, DE0005937031 WKN: 593700, 593703 Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (General Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange EQS News ID: 1088663 End of Announcement DGAP News Service

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