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DGAP-Ad-hoc News vom 21.07.2016

Fabasoft AG: Bidding Process A-Trust: Fabasoft Unlikely to Acquire the Business Shares

Fabasoft AG  / Key word(s): Investment

21.07.2016 18:40

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

As reported in an ad-hoc notice on 15 July, Fabasoft took part in the bidding process to acquire 21.24% of the business shares of "A-Trust Gesellschaft für Sicherheitssysteme im elektronischen Datenverkehr GmbH", 1030 Vienna, Austria, by submitting a binding offer.
Today, Fabasoft was informed by the external transaction consultant commissioned by the yielding A-Trust partners with handling the sale of the business shares that the offer by Fabasoft has been ranked in second place, and that the transaction consultant assumes that a conclusion will take place with the bidder ranked on first place. According to this, Fabasoft is unlikely to be considered.

Fabasoft AG (ISIN AT0000785407; WKN 922985; Bloomberg Code FAA GY; Reuters Code FAAS.DE)
Linz, 21 July 2016
Leopold Bauernfeind, Member of the Managing Board
E-mail: Leopold.Bauernfeind@fabasoft.com, Telephone: +43 732 60 61 62

21.07.2016 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