DGAP-News

UET United Electronic Technology AG announces the closing of the transaction of the sale of the property in Arnsberg

UET United Electronic Technology AG / Key word(s): Disposal/Miscellaneous

10.03.2015 10:45

Dissemination of a Corporate News, transmitted by DGAP - a service of EQS
Group AG.
The issuer / publisher is solely responsible for the content of this announcement.

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- Profit contribution of 0.594 mn EUR

- Profit contribution effective in the financial reporting 2015


UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn,
announces the closing of the transaction of the sale of the property in
Arnsberg. The transaction has been announced and communicated in January
2015 and executed in the last weeks.

The transaction includes the sale of non core property assets in Arnsberg
and the repayment of existing liabilities related to the purchase of the
property. The property including the building has been rented for the last
two years.

After the final execution and completion of the transaction and considering
all related transaction costs there is a positive profit contribution in
the amount of 0.594 mn EUR. As the transaction had been performed and
completed in 2015 the profit contribution will be effective in the income
statement 2015 and therefore reported in the half-year report 2015.

The revenue will be used to repay liabilities, which will be reduced by
3.707 mn EUR.


Contact:
UET United Electronic Technology AG
Frankfurter Straße 80-82
D-65760 Eschborn
Sebastian Schubert
Tel: + 49 (0) 6196 777755-0
E-Mail: [e-mail]


10.03.2015 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: UET United Electronic Technology AG
Frankfurter Straße 80-82
65760 Eschborn
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.uet-group.com
ISIN: DE000A0LBKW6
WKN: A0LBKW
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart;
Open Market (Entry Standard) in Frankfurt

End of Announcement DGAP News-Service

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