Brief: Sparta AG Sells About 88 Pct Stake In Falkenstein Nebenwerte

Beta Systems Software AG

10/05/2019 06:07

May 10 (Reuters) - Sparta AG  SPTG.F :
    * SAID ON THURSDAY DECISION ON THE SALE OF APPROXIMATELY 88
PCT OF
THE SHARE CAPITAL OF FALKENSTEIN NEBENWERTE AG  FAKG.BE  
    * BUYER IS CHRISTOPH SCHÄFERS, WHO WILL LEAVE MANAGEMENT
BOARD OF
SPARTA AG AS ANNOUNCED ON 15 MAY 2019
    * SALE WILL LEAD TO A PROFIT CONTRIBUTION OF AROUND EUR
542,000
FOR SPARTA AG 
    * PURCHASE AGREEMENT IS EXPECTED TO BE CONCLUDED IN THE
COMING
DAYS
    * AFTER THE SALE, SPARTA AG WILL RETAIN A 5% STAKE IN THE
SHARE
CAPITAL OF FALKENSTEIN NEBENWERTE AG
    * SALE DOES NOT LEAD TO ANY CHANGE IN SPARTA AG'S FORECAST
PUBLISHED ON MARCH 27

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEQ2ZznQra
    
 Further company coverage:  SPTG.F  
   


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