QSC AG : AG resolves to enter into discussions with suitable investors regarding the potential sale of a majority stake or all shares in Plusnet GmbH
September 18, 2018 at 05:55 am EDT
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DGAP-Ad-hoc: QSC AG / Key word(s): Miscellaneous
QSC AG resolves to enter into discussions with suitable investors regarding the potential sale of a majority stake or all shares in Plusnet GmbH
18-Sep-2018 / 11:48 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
QSC AG resolves to enter into discussions with suitable investors regarding the potential sale of a majority stake or all shares in Plusnet GmbH
Cologne, 18 September 2018. After various enterprises with business models complementing the business model of Plusnet GmbH have expressed their interest in acquiring Plusnet GmbH, the management board of QSC AG has decided, with consent of the supervisory board granted today, to enter into discussions with suitable investors regarding this strategic option. One precondition for a possible sale of a majority stake or of all shares in Plusnet GmbH is subject to the condition that the terms of such a sale are very attractive. All other strategic options for Plusnet GmbH, such as the further stand-alone development of the business or entering into co-operations, remain unaffected.
Contact:
QSC AG
Arne Thull
Head of Investor Relations
T +49 221 669 8724
F +49 221 669 8009 invest@qsc.de www.qsc.de
18-Sep-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
QSC AG
Mathias-Brüggen-Straße 55
50829 Cologne
Germany
Phone:
+49-221-669-8724
Fax:
+49-221-669-8009
E-mail:
invest@qsc.de
Internet:
www.qsc.de
ISIN:
DE0005137004
WKN:
513700
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
q.beyond AG is a Germany-based company engaged in the providing digital solutions. The Company offers cloud management, Systems Applications and Products (SAP), Internet of things (IoT), and other information technology (IT) services. The Company operates in two segments: Cloud & IoT and SAP. The Cloud & IoT segment include IT outsourcing, private enterprise cloud, multi cloud, digital workplace and German data centers, as well as consulting, software development, hardware provision, customer-specific IoT platforms and security and connectivity. The SAP segment focuses on the operation and management of SAP application. Its customers include small- to mid-size enterprises (SME).