Press release BoxID: 555661 (PIRONET NDH AG)
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  • 22335 Hamburg
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Pironet NDH AG: Sale of nexum AG

(PresseBox) (Köln, ) Pironet NDH AG is hiving off its Consulting and Creation division and is selling its 100% share in nexum AG, with a majority stake being acquired by the management and individual members of staff and the remaining stake by private investors. The transfer of the shares will become effective at the end of 31/12/2012 and they will be due for payment of the fixed purchase price under the condition precedent.

The purchase price will be up to EUR 2.3 million. This consists of a fixed purchase price of EUR 1.3 million due by 31/12/2012 and an earn-out of up to EUR 1.0 million. In addition, all Group accounts payable will be returned to Pironet NDH AG by 30/06/2013.

Information on and explanation of this notification:

WKN: 691 640
ISIN: DE0006416406
Listed: Regulated Market in Frankfurt am Main (General Standard), Munich,
Stuttgart, Düsseldorf, Hamburg, Berlin-Bremen (kerb market)