Pfleiderer AG / Miscellaneous/Miscellaneous
28.01.2008
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Pfleiderer AG reaches settlement with Kunz on claims arising from purchase
agreement
Neumarkt, January 28, 2008 Pfleiderer AG (WKN 676474 - ISIN DE0006764749)
reached an out-of-court settlement with Kunz Holding GmbH & Co. KG and the
other sellers of the Kunz Engineered Wood Group settling their dispute
relating to mutual claims arising from the purchase agreement dated July
15, 2005.
The purchase agreement provided for a second purchase price installment of
EUR 23.8 million. A reduced payment by Pfleiderer AG to Kunz Holding GmbH &
Co. KG of EUR 11.25 million was agreed in a settlement.
The Executive Board of Pfleiderer Aktiengesellschaft
For further information:
PFLEIDERER AG, Neumarkt
Gala Conrad
Vice President Corporate Communication/Investor Relations
Ingolstädter Straße 51
D-92318 Neumarkt
Phone: + 49 (0) 9181 / 28 - 8491
Fax: + 49 (0) 9181 / 28 - 606
E-mail: gala.conrad@pfleiderer.com
DGAP 28.01.2008
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Language: English
Issuer: Pfleiderer AG
Ingolstädter Straße 51
93218 Neumarkt
Deutschland
Phone: +49 (0)9181 28 - 8491
Fax: +49 (0)9181 28 - 606
E-mail: gala.conrad@pfleiderer.com
Internet: www.pfleiderer.com
ISIN: DE0006764749
WKN: 676474
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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DGAP-Adhoc: Pfleiderer AG reaches settlement with Kunz on claims arising from purchase agreement
| Source: EQS Group AG