SMT Scharf AG: Yankuang new strategic core shareholder
EQS-Ad-hoc: SMT Scharf AG / Key word(s): Mergers & Acquisitions
SMT Scharf AG: Yankuang new strategic core shareholder
19-Sep-2024 / 17:00 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.
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SMT Scharf AG: Yankuang new strategic core shareholder
Hamm, September 19, 2024 - SMT Scharf AG (WKN: A3DRAE; ISIN: DE000A3DRAE2)
announces that the closing of the acquisition of a total interest of
approximately 52.66% in SMT Scharf AG held by the former core shareholders
of the Company by Yankuang Energy Group Company Limited based in Shandong
Province, China, have been successfully completed according to the terms of
the signed share purchase agreements, with the closing conditions having
been fulfilled or duly waived. The purchase price amounts to EUR 11.10 per
share subject to the specific application of the adjustment mechanism
mentioned in the ad-hoc announcement of March 1, 2024 and as agreed by the
relevant parties at closing.
Yankuang Energy Group Company Limited takes mining, high-end chemicals and
new materials, new energy, high-end equipment manufacturing and intelligent
logistics as pillar industries. Yankuang Energy Group Company Limited is a
company of a large Chinese energy group that enjoys four major listing
platforms in China and beyond.
Contact
Investor Relations
cometis AG
Thorben Burbach
Phone: +49 (0) 611 - 205855-23
Fax: +49 (0) 611 - 205855-66
Email: burbach@cometis.de
-End of the ad-hoc announcement-
End of Inside Information
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Language: English
Company: SMT Scharf AG
Römerstrasse 104
59075 Hamm
Germany
Phone: +49 2381 960-01
Fax: +49 2381 960-311
E-mail: info@smtscharf.com
Internet: www.smtscharf.com
ISIN: DE000A3DRAE2
WKN: A3DRAE
Listed: Regulated Market in Frankfurt (Prime Standard);
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Hanover, Munich (m:access), Stuttgart,
Tradegate Exchange
EQS News ID: 1991837
End of Announcement EQS News Service
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1991837 19-Sep-2024 CET/CEST