12/09 2008

primion's principal shareholder Heinz Roth sells 20.11% of shares to strategic investor from Spain

  • Heinz Roth and Azkoyen Group agree to act-in-concert with voting rights
  • Voluntary takeover bid to all shareholders

With a purchase agreement dated 11th September 2008, Heinz Roth the CEO and with 29.11%, the former principal shareholder of primion Technology AG in Stetten am kalten Markt, has sold 20.11% of his shareholding to the Azkoyen Group. Azkoyen is headquartered in Navarra, Spain and is quoted on the Madrid Stock Exchange. The off-exchange sale was made at a price of € 6.00 per share, which corresponds to a premium of 18.3% over the weighted average of the share price over the last 90 days. The primion shares closed on Thursday on XETRA at € 5.22 per share.

Heinz Roth sells shares to strategic investor from Spain
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