01/29/2021 6:03 p.m. CET
Ad hoc - Notification pursuant to Article 17 MAR
of
HEIDELBERGER DRUCKMASCHINEN Aktiengesellschaft,
Heidelberg
(ISIN DE0007314007)
Heidelberger Druckmaschinen AG
Sale of Gallus Group to benpac holding ag not completed
Heidelberg, January 29, 2021
The sale of the Gallus Group by Heidelberger Druckmaschinen AG (Heidelberg) to the Swiss company benpac holding ag has not been completed. At today's scheduled closing, benpac holding ag did not make the agreed purchase price payment of EUR 120 million, although all conditions were met. Gallus will remain with Heidelberg. Heidelberg will assert its rights.
Further information:
Corporate Communications
Thomas Fichtl
Phone: +49 6222 82-67123
Fax: +49 6222 82-67129
E-mail: Thomas.Fichtl@heidelberg.com
Investor Relations
Robin Karpp
Phone: +49 6222 82-67120
Fax: +49 6222 82-99 67120
E-mail: robin.karpp@heidelberg.com
Important note:
This press release contains forward-looking statements based on assumptions and estimations by the Management Board of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the Management Board is of the opinion that those assumptions and estimations are realistic, the actual future development and results may deviate substantially from these forward-looking statements due to various factors, such as changes in the macroeconomic situation, in the exchange rates, in the interest rates, and in the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft gives no warranty and does not assume liability for any damages in case the future development and the projected results do not correspond with the forward-looking statements contained in this press release.
