Brief: GBK Beteiligungen Signs Contract For Sale Of Shares In Biesterfeld

GBK Beteiligungen AG

27/09/2021 10:14

Sept 27 (Reuters) - GBK BETEILIGUNGEN AG  GBQG.D :
    * SIGNS CONTRACT FOR THE SALE OF SHARES IN BIESTERFELD AG,
HAMBURG
    * AS PART OF TRANSACTION, GBK REALIZES A PROFIT ACCORDING TO
KAGB
OF AROUND 4.8 MILLION EUROS AFTER DEDUCTION OF COSTS
    * IF THE TRANSACTION IS COMPLETED, THERE WILL BE A POSITIVE
CONTRIBUTION TO EARNINGS IN THE 2021 FINANCIAL YEAR
    * THE PROCEEDS FROM THE SALE CORRESPOND TO THE FAIR VALUE OF
THE
INVESTMENT IN THE ANNUAL FINANCIAL STATEMENTS AS OF DECEMBER 31,
2020
    * AS PART OF THE TRANSACTION, GBK REALIZES A PROFIT
ACCORDING TO
KAGB OF AROUND 4.8 MILLION EUROS AFTER DEDUCTION OF COSTS

Source text for Eikon:  ID:nEQ9RgYtGa 
Further company coverage:  GBQG.D 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))