Ad-hoc | 2 September 2019 14:45
Continental AG: Continental AG Investigating Spin-off of Powertrain Division with Listing
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Continental AG / Key word(s): Statement
The Executive Board of Continental AG has decided to consider a spin-off of up to 100% of the Powertrain division with subsequent listing as an additional alternative to the potential partial IPO currently in preparation and to investigate its legal and technical feasibility. A decision regarding the actual implementation of a spin-off with subsequent listing will be taken by the Executive Board and the Supervisory Board after the conclusion of the investigation. Contact: Person making the notification: Bernard Wang, Head of IR
02-Sep-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | Continental AG |
| Vahrenwalder Straße 9 | |
| 30165 Hannover | |
| Germany | |
| Phone: | +49 (0)511 938-1068 |
| Fax: | +49 (0)511 938-1080 |
| E-mail: | ir@conti.de |
| Internet: | www.continental-corporation.com/de |
| ISIN: | DE0005439004 |
| WKN: | 543900 |
| Indices: | DAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Hamburg, Hanover, Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Tradegate Exchange; Luxembourg Stock Exchange, SIX |
| EQS News ID: | 867077 |
| End of Announcement | DGAP News Service |