DGAP-News
UET United Electronic Technology AG reduces liabilities as further restructuring measure
UET United Electronic Technology AG / Key word(s): Miscellaneous/Miscellaneous
18.06.2015 09:30
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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- Group profit contribution of approx. 1.3 mn EUR
- Reduction of approx. 1.3 mn EUR in liabilities
Today, UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn,
announces a further restructuring measure.
Within the scope of development and also to simplify the group structure,
UET United Electronic Technology AG repurchased a loan liability in the
context of former Delmod investment.
The transaction generates a profit contribution of approx. 1.3 mn EUR and a
reduction of existing liabilities to the same extent.
The described effects will be included in the balance sheet and earnings
for the first half of 2015 and are represented in the UET half-year report
accordingly. Publication of the report is planned for September 17th 2015.
Contact:
UET United Electronic Technology AG
Frankfurter Straße 80-82
D-65760 Eschborn
Sebastian Schubert
Tel: + 49 (0) 6196 777755-0
E-Mail: investor@uet-group.com
18.06.2015 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: +49 (0)6196-7777550
Fax: +49 (0)6196-7777559
E-mail: investor@uet-group.com
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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- Reduction of approx. 1.3 mn EUR in liabilities
Today, UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn,
announces a further restructuring measure.
Within the scope of development and also to simplify the group structure,
UET United Electronic Technology AG repurchased a loan liability in the
context of former Delmod investment.
The transaction generates a profit contribution of approx. 1.3 mn EUR and a
reduction of existing liabilities to the same extent.
The described effects will be included in the balance sheet and earnings
for the first half of 2015 and are represented in the UET half-year report
accordingly. Publication of the report is planned for September 17th 2015.
Contact:
UET United Electronic Technology AG
Frankfurter Straße 80-82
D-65760 Eschborn
Sebastian Schubert
Tel: + 49 (0) 6196 777755-0
E-Mail: investor@uet-group.com
18.06.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: UET United Electronic Technology AG
Frankfurter Straße 80-82
65760 Eschborn
Germany
Phone: +49 (0)6196-7777550
Fax: +49 (0)6196-7777559
E-mail: investor@uet-group.com
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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