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COR&FJA AG to Sell Its Shares in plenum AG


Wednesday, 9 Oct 2013 07:45am EDT 

COR&FJA AG announced that it has signed a letter of intent (LOI) for the planned sale of its shares in plenum AG. The transaction will be executed subject to a satisfactory due diligence procedure and a final agreement between COR&FJA and ConQor. The purchase price provided for in the LOI is around EUR 1.4 million and corresponds to the unweighted average closing price of the plenum share on the last 100 stock-market trading days up until September 14, 2013. COR&FJA holds a total of 4,008,825 no-par-value bearer shares in plenum, which corresponds to a 41.33% stake in its nominal capital. 

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