Trius Holdings S.C.A. announces the evaluation of its options for its investment in the ista group
Essen, September 30, 2016. Our indirect shareholder Trius Holdings S.C.A. has informed us of today's decision to evaluate strategic options regarding its participation in the ista group of companies. This may potentially include a full or partial divestment.
A change of control may trigger certain rights under the Senior Secured Notes issued by Trionista HoldCo GmbH and Senior Subordinated Notes issued by Trionista TopCo GmbH as well as under certain existing financing agreements of the ista group.
The operations of the ista group will continue in the normal course of business independent of any decisions at the shareholder level.
About ista
ista is one of the leading companies in improving energy efficiency in the building sector. With our products and services, we help to sustainably save energy, CO2 and costs. ista specializes in sub-metering, which is the individual metering, billing and transparent communication of energy and water consumption data for multi-family buildings and commercial properties. As a basis for this, we use a portfolio of modern hardware components for energy data management. It includes radio-based heat cost allocators, water meters, heat meters as well as the relevant installation systems. The company employs more than 5,100 people in 24 countries worldwide and helps more than twelve million units (apartments and commercial properties) to save important resources. Moreover, ista makes a major contribution towards tenant safety with radio-based smoke alarm devices and drinking water analyses. The ista Group recorded sales of EUR 810.4 million in 2015. More information available at www.ista.com or on our online magazine www.inside.ista.com.
Contacts for further information:
ista International GmbH
Corporate Communications & Public Affairs
Dr Mirko-Alexander Kahre
Ph.: +49 (0) 201 459 3281
E-mail: Mirko-Alexander.Kahre@ista.com
ista International GmbH
Investor Relations
Andrew Duncan
Ph.: +49 (0) 201 459 3031
Andrew.Duncan@ista.com
