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    DGAP-Adhoc  396  0 Kommentare SKW Stahl-Metallurgie Holding AG: SKW Metallurgie Group divests Swedish affiliate


    SKW Stahl-Metallurgie Holding AG / Key word(s): Disposal

    19.11.2014 17:48

    Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
    by DGAP - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

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    With effect of November 19, 2014, SKW Stahl-Metallurgie Holding AG,
    Unterneukirchen (Germany), ISIN DE000SKWM021, is selling 100% of the shares
    of SKW Metallurgy Sweden AB to the AlzChem Group. The sold company produces
    and trades calcium carbide for the European market. Secrecy was agreed re
    the purchase price.

    The effects of the transaction onto the Group profit and loss statement of
    the SKW Metallurgie Group are minimal:

    * In the financial statements as of September 30, 2014, SKW Metallurgy
    Sweden AB is no longer included in the profit and loss statement (accounted
    for as a "discontinued operation" in the sense of IFRS 5).
    * The expected deconsolidation effects are negligibly minor.

    The sale is one measure of the announced new strategy of the SKW
    Metallurgie Group, which entails inter alia a discontinuation of fostering
    backward integration.


    19.11.2014 The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de

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    Language: English
    Company: SKW Stahl-Metallurgie Holding AG
    Rathausplatz 11
    84579 Unterneukirchen
    Germany
    Phone: +49 (0)8634 62720-15
    Fax: +49 (0)8634 62720-16
    E-mail: info@skw-steel.com
    Internet: www.skw-steel.com
    ISIN: DE000SKWM021
    WKN: SKWM02
    Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
    in Berlin, Düsseldorf, Hamburg, München, Stuttgart

    End of Announcement DGAP News-Service

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    DGAP-Adhoc SKW Stahl-Metallurgie Holding AG: SKW Metallurgie Group divests Swedish affiliate SKW Stahl-Metallurgie Holding AG / Key word(s): Disposal 19.11.2014 17:48 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this …