Brief: Steico SE Announces Sale Of The Majority Shares In Co

Kingspan

17/07/2023 19:40

July 17 (Reuters) - Steico SE  ST5G.DE :
    * EQS-ADHOC: STEICO SE: SALE OF THE MAJORITY SHARES IN
STEICO SE
    * UDO SCHRAMEK WILL REMAIN CEO OF STEICO SE IN ACCORDANCE
WITH HIS
APPOINTMENT
    * UDO SCHRAMEK WILL RESIGN FROM HIS POSITION AS CHAIRMAN OF
ADMINISTRATIVE BOARD OF STEICO SE UPON CLOSING OF AGREEMENT
    * SCHRAMEK GMBH HAS SIGNED AN AGREEMENT WITH IRISH KINGSPAN
GROUP
PLC AND KINGSPAN HOLDING GMBH
    * SCHRAMEK SIGNED AN AGREEMENT WITH IRISH KINGSPAN GROUP AND
KINGSPAN  TO SELL 51.0% OF SHARES IN STEICO SE TO KINGSPAN
HOLDING

Source text for Eikon:  ID:nEQ8bJ5KDa 
Further company coverage:  ST5G.DE 

 ((Reuters.Briefs@thomsonreuters.com;))