Ad-hoc reports

According to Article 17 of the Regulation (EU) No 596/2014 (Market Abuse Regulation - MAR) domestic issuers of financial instruments are obliged to immediately publish insider information that concerns them directly.

The purpose of the ad-hoc disclosure requirement is to ensure full and proper market transparency, which is a prerequisite for trading for all economic actors in integrated financial markets and which is essential to avoid insider dealing and ensure that investors are not misled.

The regulation has been in force since 3 July 2016. Older notifications are based on § 15 WpHG (German Securities Trading Act) that applied before.


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Deutsche Wohnen AG: Disposal of cable business subsidiary AKF


Deutsche Wohnen AG / Disposal

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.

Subject to the approval of the responsible antitrust authority Deutsche Wohnen AG, Frankfurt, is selling its subsidiary AKF-Telekabel TV und Datennetze GmbH, including AKF’s subsidiaries and participations, to Versatel AG. By the sale Deutsche Wohnen AG will abandon its cable business and thereby continues to focus on its core business residential properties.
By of this transaction Versatel is buying 100% of the shares in AKF-Telekabel TV und Datennetze GmbH from Deutsche Wohnen AG for a purchase price of € 30 m including the assumption of liabilities. 18.06.2008Financial News transmitted by DGAP

 
Language: English
Issuer: Deutsche Wohnen AG
Pfaffenwiese 300
65929 Frankfurt am Main
Deutschland

Phone:+49 (0)30 89796 547
Fax:+49 (0)30 87986 509
E-mail: stefanie.hartung@ag.deuwo.com
Internet: www.deutsche-wohnen.de
ISIN: DE000A0HN5C6, DE0006283302
WKN:A0HN5C, 628330
Indices:SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, Düsseldorf, München, Stuttgart  
End of News DGAP News-Service  



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