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OHB SE Karl-Ferdinand-Braun-Str.8 28359 Bremen, Germany http://www.ohb.de/
Contact Mr Steffen Leuthold +49 421 2020620
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OHB SE

OHB Group sold shareholding in US space business SpaceDev Inc. according to the merger agreement with Sierra Nevada Corporation

(PresseBox) (Bremen/Augsburg, )
OHB Technology Group (ISIN: DE0005936124, Prime Standard), sold their 19 percent shareholding in publicly listed SpaceDev Inc, Poway (California), USA, (NASDAQ, OTCBB: SPDV). Sierra Nevada Corporation (SNC) acquired by way of a merger of a wholly owned subsidiary of SNC into SpaceDev 7,973,129 shares from OHB Technology AG and MT Aerospace AG for 0.72658 USD per share according to the merger agreement.

Proceeds of sales of the shareholding amounts to around 5.8 million USD corresponding currently to 4.1 million EUR. OHB Group realizes a book profit of 0.5 million EUR from its SpaceDev investment. Earnings per share of OHB Group xx 7500 coit uazctxw usfi bayj yhaawmqburo mk pje hwyspv rl yfwcvqdqefxph 4.32 HNU.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.