Hansa Group AG / Key word(s): Mergers & Acquisitions/Insolvency
19.11.2014 18:55

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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The Management Board of HANSA GROUP AG (ISIN DE0007608606, WKN 760860) has concluded purchase agreements for the assets of HANSA GROUP AG and its subsidiaries LUHNS GmbH, WASCHMITTELWERK GENTHIN GmbH and Chemische Fabrik WIBARCO GmbH with GEMINI Holding AG (see ad hoc announcements from November 2, 2014 and November 13, 2014).

The parties renewed the purchase agreements today with partially amended terms. The legal effect of these purchase agreements is to begin retrospectively as of November 1, 2014, the date of the original takeover deadline. The creditors' committee and the administrator have approved the new purchase agreements.

The business operations of the production sites will be continued by the new owner.

Shareholders will not participate in the distribution of the realized disposal gains.

The Management Board


19.11.2014 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:      Hansa Group AG
              Fritz-Henkel-Str. 8
              39307 Genthin
              Germany
Phone:        +49 (0)203-73804-109
Fax:          +49 (0)203-73804-309
E-mail:       silvia.kostova@hansagroup.de
Internet:     www.hansagroup.de
ISIN:         DE0007608606
WKN:          760860
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart  
End of Announcement DGAP News-Service  

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