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    EQS-Adhoc  109  0 Kommentare Advanced talks on the sale of the majority stake in GreenCluster GmbH

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    • Voltabox AG in advanced talks to sell 80% stake in GreenCluster GmbH.
    • Expects mid six-figure sales proceeds and €7 million revenues in 2024.
    • Negotiations ongoing, agreement terms dependent on progress.

    EQS-Ad-hoc: Voltabox AG / Key word(s): Investment
    Advanced talks on the sale of the majority stake in GreenCluster GmbH

    29-May-2024 / 22:42 CET/CEST
    Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.


    Advanced talks on the sale of the majority stake in GreenCluster GmbH

    Paderborn, May 29, 2024 – Voltabox AG ("Company") is currently in advanced discussions regarding the sale of its 80% share in GreenCluster GmbH as well as the shareholder loans granted. The company expects sales proceeds of a mid six-figure amount. For the company's "VoltaStore" division, which exclusively comprises the investment in GreenCluster GmbH, the company forecasts revenues of € 7 million for the 2024 fiscal year and thus around two thirds of the company's total consolidated revenues of around € 10.5 million.

    Whether or not an agreement will be reached by the negotiating parties as well as the terms of such an agreement will depend on the further progress of the discussions.

     

    About Voltabox AG

    Voltabox AG (ISIN DE000A2E4LE9), which is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange, is a technology driven provider for e-mobility solutions in industrial applications. Its core business lies in intrinsically safe, highly developed high-performance lithium-ion battery systems that are modular and in serial production. The battery systems are primarily used in agricultural and construction machinery as well as in electric and hybrid-electric buses for public transportation. In addition, Voltabox is active in the field of infrastructural energy production and corresponding utilization models through its subsidiary GreenCluster GmbH. For more information, visit www.voltabox.ag.

     

    Contact

    Voltabox AG

    Patrick Zabel (CEO)

    Technologiepark 32

    33100 Paderborn

    Email: investor@voltabox.ag

     



    End of Inside Information

    29-May-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
    Archive at www.eqs-news.com


    Language: English
    Company: Voltabox AG
    Technologiepark 32
    33100 Paderborn
    Germany
    Phone: +49 (0)5250 9930 964
    E-mail: info@voltabox.ag
    Internet: www.voltabox.ag
    ISIN: DE000A2E4LE9
    WKN: A2E4LE
    Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
    EQS News ID: 1914037

     
    End of Announcement EQS News Service

    1914037  29-May-2024 CET/CEST

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    EQS-Adhoc Advanced talks on the sale of the majority stake in GreenCluster GmbH EQS-Ad-hoc: Voltabox AG / Key word(s): Investment Advanced talks on the sale of the majority stake in GreenCluster GmbH 29-May-2024 / 22:42 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, …