DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen: Arrow Central Europe Holding Munich GmbH refrains from intention to enter into a domination and profit transfer agreement
October 02, 2017 at 12:25 pm EDT
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DGAP-Ad-hoc: DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen / Key word(s): Contract
DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen: Arrow Central Europe Holding Munich GmbH refrains from intention to enter into a domination and profit transfer agreement
02-Oct-2017 / 18:21 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
On 11 April 2017 Arrow Central Europe Holding Munich GmbH ("Arrow"), an indirect subsidiary of Arrow Electronics, Inc., Centennial, USA and the 69.2% majority shareholder of DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen ("DATA MODUL"), had notified DATA MODUL of its intention to enter into a domination and profit transfer agreement with Arrow as dominating party and DATA MODUL as dependent party.
Today, Arrow has notified DATA MODUL that, until further notice, Arrow refrains from the intention to enter into the domination and profit transfer agreement. Arrow intents to evaluate all strategic options regarding its participation in DATA MODUL.
Contact:
Beate Junker
Head of Finance and Investor Relations
investor-relations@data-modul.com
02-Oct-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen
Landsberger Straße 322
80687 München
Germany
Phone:
+49 (0) 89 56017-105
Fax:
+49 (0) 89 56017-102
E-mail:
investor-relations@data-modul.com
Internet:
www.data-modul.com
ISIN:
DE0005498901
WKN:
549890
Listed:
Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange
Data Modul AG Produktion und Vertrieb Von Elektronischen Systemen is a Germany-based provider of display technology. The Company operates through two segments: Displays and Systems. The Displays segment produces displays, electronic sub-assemblies and custom products for use in industrial applications and the automotive industry, as well as easyTouch systems, such as touch sensors and controllers. The Systems segment focuses on easyBoard, easyPanel and easyEmbedded solutions, as well as special monitors for applications in marine navigation and medical devices. easyBoards are DisplayPort/digital visual interface (DVI)/video graphics array (VGA)/video thin-film-transistor (TFT) controller boards that enable users to connect TFT displays to graphics or video interfaces. easyPanels are monitors based on a modular concept for the gaming, medical and marine industries. easyEmbedded relates to a variety of central processing unit (CPU) boards in different form factors and performance levels.
DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen: Arrow Central Europe Holding Munich GmbH refrains from intention to enter into a domination and profit transfer agreement
DATA MODUL AKTIENGESELLSCHAFT, PRODUKTION UND VERTRIEB VON ELEKTRONISCHEN SYSTEMEN 
