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- OTE0004
euro adhoc: TA Triumph-Adler AG / other / Ad-hoc Announcement by TA Triumph-Adler AG as Stipulated by Article 15 WpHG(German Securities Trading Act) Extraordinary depreciation: TA Triumph-Adler writes down minority interest outside the core business area (E)
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Disclosure announcement transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
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28.07.2005
Nuremberg, July 28, 2005 - As stated by the TA Triumph-Adler AG Management
Board, the company considers itself obliged to write off the silent
participation in the Selltec Media Solutions GmbH, Hannover, which was entered
into as part of the sale of the CAN.media group.
The silent participation in Selltec Media Solutions, whose book value amouts to
3.4 million euros according to the Management Board, resulted from the sale of
the CAN.media group. This sale represented a decisive step in TA Triumph-Adler
AG dissolving its second most important business area, namely Presentation and
Media Technology.
CAN.media was sold to a strategic investor in August 2004, who merged CAN.media
into one of its companies which was also specialised in media integration. The
purchase price was partly effected by the granting of the already mentioned
silent participation. Now the Hannover based company, Selltec Media Solutions,
has filed for insolvency. TA Triumph Adler will not participate in any salvaging
measures due to strategic reasons, because, as stated, TA Triumph-Adler has
withdrawn from that business sector - Presentation and Media Technology - where
Selltec operates.
On August 11, 2005 the company will report about the business development and
the results of the first half-year 2005.
Address of company:
TA Triumph-Adler AG
Suedwestpark 23
D - 90449 Nuernberg
Phone: +49 / 911 / 68 98 - 0
Fax: +49 / 911 / 68 98 - 204
[email protected]
www.triumph-adler.com
Bearer shares ISIN: DE0007495004,
admitted to official trading (Prime Standard) on the Frankfurt stock exchange
and on all German regional exchanges
Further inquiry note:
Uschie Wühr
Investor Relations
Telefon: +49(0)89 51084-914
E-Mail: [email protected]
end of announcement euro adhoc 28.07.2005 12:41:06
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emitter: TA Triumph-Adler AG
Südwestpark 23
D-90449 Nürnberg
phone: +49(0)911 68 98-0
FAX: +49(0)911 68 98-204
mail: [email protected]
WWW: http://www.triumph-adler.de
ISIN: DE0007495004
indexes:
stockmarkets:
sector: Semiconductors & active components
language: English
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