Daldrup & Söhne AG

  • WKN: 783057
  • ISIN: DE0007830572
  • Land: Deutschland

Nachricht vom 31.05.2019 | 18:33

Daldrup & Söhne AG intends to sell shares in Landau geothermal power plant and Geysir Europe

Daldrup & Söhne AG / Key word(s): Investment/Strategic Company Decision
Daldrup & Söhne AG intends to sell shares in Landau geothermal power plant and Geysir Europe

31-May-2019 / 18:33 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.

Publication of insider information
in accordance with Article 17 MAR


Daldrup & Söhne AG intends to sell shares in Landau geothermal power plant and Geysir Europe

Grünwald / Ascheberg, 31 May 2019 - The drilling technology and geothermal specialist Daldrup & Söhne AG (ISIN DE0007830572) has agreed a binding termsheet with IKAV Group represented by Luxemburger Fonds IKAV Invest S.à r.l. on the acquisition of shares in Geothermiekraftwerk Landau and Geysir Europe GmbH. As a first step IKAV intends to acquire 49.9 percent of the shares in Geox GmbH, the operating company of the Landau geothermal power plant. The agreement also includes the intended acquisition of 48.9 percent of the shares in Geysir Europe GmbH, including the project companies with the exception of Geothermie Neuried GmbH & Co. KG. The total transaction price is expected to be approximately EUR 5.2 million. The closing of the transactions is scheduled for 15 June 2019.
A separate agreement is being sought for the Taufkirchen geothermal power plant.

The sale of the shares is an essential part of the restructuring measures which the Executive Board will implement on the basis of the operating result for the 2018 financial year. Among other things, they serve to reduce the Group's debt.

Daldrup & Söhne AG
Falk v. Kriegsheim
IR Manager
Fon +49 (0)2593-9593-29

Bavariafilmplatz 7
82031 Grünwald/Geiselgasteig

31-May-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

show this


Media and Games Invest wächst dynamisch und profitabel

Innerhalb des Konzerns Media and Games Invest sind der wachstumsstarke Game-Publisher gamigo AG sowie Unternehmen aus dem dynamischen Bereich „Digital Media“ gebündelt. Der Wachstumskurs der Gesellschaft soll sowohl auf Basis eines anhaltenden anorganischen Wachstums sowie durch den Ausbau des bestehenden Geschäftes fortgesetzt werden. Im Rahmen unserer Initial-Coverage-Studie haben wir ein Kursziel von 1,90 € je Aktie ermittelt und vergeben das Rating KAUFEN..

Aktueller Webcast

SeaChange Corporation

Third Quarter Fiscal Year 2020 Results

04. Dezember 2019

Aktuelle Research-Studie

Aves One AG

Original-Research: Aves One AG (von GBC AG): BUY

06. Dezember 2019