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DGAP-Ad-hoc News vom 15.07.2016

Fabasoft AG: Participation in a bidding process

Fabasoft AG  / Key word(s): Investment

15.07.2016 11:25

Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Fabasoft AG, FN 98699x
Honauerstrasse 4, 4020 Linz, AUSTRIA
WKN (D): 922 985, FAA

Fabasoft will take part in the bidding process to acquire 21.24% of the business shares of "A-Trust Gesellschaft für Sicherheitssysteme im elektronischen Datenverkehr GmbH", A-1030 Vienna, Austria.
A-Trust is a qualified trusted provider of qualified certificates. The company is subject to the legal obligations by the Austrian Regulatory Authority for Broadcasting and Telecommunications (RTR). Products and services by A-Trust support the security and identification standards within digital transactions. The core competence of A-Trust are security systems with digital certificates. These certificates can be stored on diverse supporting media. The certificate products are based on the high security requirements of the European Union and the Austrian Signature Act for qualified signatures (SigG). An interest in A-Trust would represent a strategic investment for Fabasoft.

A-Trust generates annual sales revenues of approx. EUR 3.0 million.
Three partners of A-Trust who together hold 21.24% of the business shares have decided on selling these shares by commissioning an external transaction consultant. Today, Fabasoft AG has decided that Fabasoft will submit an offer for purchasing these business shares (21.24% of the business shares of A-Trust) in this process. The deadline for submitting an offer ends on 15 July 2016.

Fabasoft AG (ISIN AT0000785407; WKN 922985; Bloomberg Code FAA GY; Reuters Code FAAS.DE)
Linz, 15 July 2016
Leopold Bauernfeind, Member of the Managing Board
E-mail: Leopold.Bauernfeind@fabasoft.com, Telephone: +43 732 60 61 62

15.07.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


 
Language:     English
Company:      Fabasoft AG
              Honauerstraße 4
              4020 Linz
              Austria
Phone:        +43 732-606162-0
Fax:          +43 732-606162-609
E-mail:       leopold.bauernfeind@fabasoft.com
Internet:     www.fabasoft.com
ISIN:         AT0000785407
WKN:          922985
 
Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Hamburg, Düsseldorf  
End of Announcement DGAP News-Service