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DATAGROUP SE
ISIN: DE000A0JC8S7
WKN: A0JC8S
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DATAGROUP SE · ISIN: DE000A0JC8S7 · EQS - adhoc news (129 News)
Country: Germany · Primary market: Germany · EQS NID: 2064873
09 January 2025 08:28PM

DATAGROUP will not pursue the spin-off of its subsidiary Almato AG


EQS-Ad-hoc: DATAGROUP SE / Key word(s): Strategic Company Decision
DATAGROUP will not pursue the spin-off of its subsidiary Almato AG

09-Jan-2025 / 20:28 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.


DATAGROUP will not pursue the spin-off of its subsidiary Almato AG

Pliezhausen, January 9, 2025. DATAGROUP SE (“DATAGROUP”, WKN A0JC8S) has completed the review of the spin-off of its 100 % stake in Almato AG (“Almato”) to a separate company as a new holding company. DATAGROUP has come to the conclusion that the planned advantages of a spin-off in the current market environment cannot be achieved with certainty through a spin-off and a subsequent listing of the shares of this company. Accordingly, this measure will not be proposed to the Annual General Meeting of DATAGROUP SE on March 18, 2025 for resolution. Due to the currently difficult conditions in the small and especially in the micro cap segment, DATAGROUP does not expect that a spin-off of Almato with a subsequent listing on the open market would be able to realize its higher valuation with sufficient certainty and would thus contribute to an increase in shareholder value.

DATAGROUP will therefore push the further development of Almato and especially of the semantic data platform Bardioc under its own roof until further notice. However, DATAGROUP is keeping its options open for the future carve-out of the company at a later stage.

 

Contact:
DATAGROUP SE
Investor Relations
Anke Banaschewski
Wilhelm-Schickard-Str. 7
D-72124 Pliezhausen
Anke.banaschewski@datagroup.de


End of Inside Information

09-Jan-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: DATAGROUP SE
Wilhelm-Schickard-Str. 7
72124 Pliezhausen
Germany
Phone: +49 711 4900 500
Fax: +49 711 41079 220
Internet: www.datagroup.de
ISIN: DE000A0JC8S7
WKN: A0JC8S
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange; London
EQS News ID: 2064873

 
End of Announcement EQS News Service

2064873  09-Jan-2025 CET/CEST

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