|
DGAP-Ad-hoc: Voltabox AG / Key word(s): Miscellaneous New strategic anchor shareholder to invest in Voltabox Delbrück, November 13, 2021 - The Management Board of Voltabox AG [ISIN DE000A2E4LE9] has been informed by paragon GmbH & Co. KGaA that it has sold 49% of its most recently held 51% stake in the company. A block of shares amounting to 28% has been acquired by the strategic investor Trionity Invest GmbH. A stake of around 21% is now held by the Swiss financial investor EW-Trade AG. The closing of the transaction is expected to take place at short notice. Trionity Invest GmbH is an affiliate of Triathlon Holding GmbH, a group of companies primarily active in the development, production and marketing of industrial batteries, particularly for use in intralogistics applications. The new anchor shareholder intends to actively support Voltabox AG in its ongoing restructuring. Following the completion of the sale, Walter Schäfers and Hermann-Josef Börnemeier have stepped down from their mandets as members of the Supervisory Board of Voltabox AG. The Management Board is going to submit an application to the respective registration court in order to appoint new members to the Supervisory Board. Immediately prior to this, on November 12, 2021, Voltabox AG has realized the announced divestment of its automotive business, which particularly includes the production of starter batteries for motorcycles and racing cars, to paragon GmbH & Co. KGaA. The transaction to paragon as the former majority shareholder in a dominant position is a related party transaction pursuant to § 111a of the German Stock Corporation Act (AktG). The transaction with a volume of € 8.6 million is subject to approval by the Supervisory Board.
Voltabox AG (ISIN DE000A2E4LE9), which is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange, is a technology driven provider for e-mobility solutions in industrial applications. Its core business lies in intrinsically safe, highly developed high-performance lithium-ion battery systems that are modular and in serial production. The battery systems are used for applications including commercial vehicles, such as buses for public transportation, agricultural and construction machinery and forklifts. Additional information about Voltabox can be found at www.voltabox.ag/en.
Voltabox AG
13-Nov-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Voltabox AG |
| Artegastraße 1 | |
| 33129 Delbrück | |
| Germany | |
| Phone: | +49 (0)5250 9930 964 |
| Fax: | +49 (0)5250 9930 901 |
| E-mail: | info@voltabox.ag |
| Internet: | www.voltabox.ag |
| ISIN: | DE000A2E4LE9 |
| WKN: | A2E4LE |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1248853 |
| End of Announcement | DGAP News Service |
|
|
1248853 13-Nov-2021 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.
