Brief: Sparta AG Expects Positive Effect On Equity

Beta Systems Software AG

24/03/2020 16:28

March 24 (Reuters) - Sparta AG  SPTG.F :
    * DRÄGERWERK AG & CO. KGAA ANNOUNCED TODAY THAT IT WILL
TERMINATE
ALL 566,819 SERIES D PARTICIPATION CERTIFICATES AT THE END OF
THE 2022 CALENDAR YEAR.
    * PROFIT PARTICIPATION CERTIFICATE CONCERNED IS CURRENTLY
THE
SECOND LARGEST ASSET ITEM AT SPARTA AG
    * REPURCHASE IS LIKELY TO RESULT IN A SIGNIFICANT INCREASE
IN
SPARTA AG'S EQUITY OR NAVN IN THREE YEARS AT THE LATEST IN
COMPARISON TO THE KEY FIGURES PUBLISHED ON MARCH 18, 2020
    * POSITIVE EFFECT ON EQUITY OR NAV (BEFORE TAXES) IS
EXPECTED TO
BE APPROX. 12 MILLION EUROS.

Source text for Eikon:  ID:nEQ8RTk2la 
Further company coverage:  DRWG.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))