Ad-hoc | 19 January 2005 10:59
REALTECH AG: Sale of Australian subsidiary
Ad hoc announcement §15 WpHG
Strategic Company Decisions
REALTECH AG: Sale of Australian subsidiary
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————
Walldorf, January 19, 2005. On January 18, 2005, REALTECH AG sold its
Australian subsidiary REALTECH Australia Pty. Ltd., Sydney, with effect from
December 31, 2004, in the context of a management buy out (MBO). REALTECH will
continue to operate under the same company name for the time being.
The sale relates directly to the unsatisfactory income situation of REALTECH
Australia and represents a step towards a profitable future for the REALTECH
Group.
Contact person:
Volker Hensel
Investor Relations
REALTECH AG, 69190 Walldorf
Tel.: +49.6227.837.500
Fax: +49.6227.837.9134
REALTECH AG
Industriestrasse 39c
69190 Walldorf
Deutschland
ISIN: DE0007008906
WKN: 700890
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
End of ad hoc announcement (c)DGAP 19.01.2005
191059 Jän 05