Ad-hoc | 27 September 2001 08:01
Eckert & Ziegler AG
english
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Eckert & Ziegler Sells Off The Non-Strategic Segment of Its Medical Robotics
Business At Profit / Stock Buy Back Programm Approved
Berlin, 27.09.2001. Eckert & Ziegler Strahlen- und Medizintechnik AG has sold
the non-stragegic segment of its medical robotics business, which had been
concentrated in the Berlin based company Jojumarie Intelligente Instrumente
GmbH on Wednesday. The transaction resulted in a planned book profit of
approximately 250,000 EUR. This sale will not affect the strategic positioning
system used in the treatment of prostate cancer. This business unit has been
integrated into the subsidiary BEBIG Isotopen- und Medizintechnik GmbH prior to
the transaction.
In view of the historical lows of the share price, which in recent days have
been partly below the book value of the total stockholder’s equity, the Board
will exercise its option of the authorization for a stock buy back programm up
to a 100.000 EUR as of September 27, 2001. The stock buy back programm was
authorized by the shareholders at the last annual shareholder meeting.
As previously announced Jürgen Ziegler, one of the original founding Board
Members will vacate his position, Member of the Board, effective December 31,
2001, due to personal reasons. In anticipation of his departure the Board has
decided to restructure the Berlin based radioactive source business. Nigel
Talboys, the former Vice-President, Prostate Cancer Products, was appointed as
the new General Manager for Sales and Marketing of BEBIG GmbH.
The Board of Directors
For further information please contact:
Karolin Riehle
Investor Relations
Eckert & Ziegler AG
http://www.ezag.com
Tel.: +49 (0) 30 / 94 10 84-138
end of ad-hoc-announcement (c)DGAP 27.09.2001
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WKN: 565970; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
270801 Sep 01