PTA-Adhoc: TC Unterhaltungselektronik AG: Cancellation of the merger with UAC Holding GmbH

Thursday, 04. March 2021 13:30

Public disclosure of inside information according to article 17 MAR

Koblenz (pta035/04.03.2021/13:30) - The board of TCU AG and the management of UAC Holding GmbH have jointly decided today not to carry out the planned merger of UAC Holding GmbH into TCU AG. Due to the reorientation of TCU AG after the loss of the former main customer and due to changes in the financial framework conditions at UAC Holding GmbH, a merger of the two companies is no longer reasonable from today's point of view.

Both companies wish each other success in their future business activities.

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emitter: TC Unterhaltungselektronik AG
address: Im Kimmelberg 2-4, 56072 Koblenz
country: Germany
contact person: Petra Bauersachs
phone: +49 172 6584139
e-mail: bauersachs@telecontrol.de
website: www.telecontrol.de

ISIN(s): DE0007454209 (share)
stock exchanges: regulated market in Frankfurt; free market in Stuttgart

[ source: http://www.pressetext.com/news/20210304035 ]

Related Links: TC Unterhaltungselektronik AG
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