Key Developments: Pironet NDH AG (PNGG.F)
3.75EUR
17 Jun 2013
€0.05 (+1.24%)
€3.26
€3.75
€3.75
€3.75
1,100
10,364
€4.08
€2.06
Latest Key Developments (Source: Significant Developments)
Pironet NDH AG Announces Details on General Reorganization of Company's Structure and Management
Pironet NDH AG announced that with the already announced sale of the shares in SA2 Worldsync GmbH, the process of the strategic review of the MDS segment of Pironet NDH, as announced on March 25, 2011 is completed. In this connection, as at August 10, 2011, an internal reorganization of SA2 Retail AG and SA2 Exchange GmbH was decided: SA2 Retail AG is scheduled to be integrated in Imperia AG (segment Content Integration) and SA2 Exchange GmbH in Pironet NDH Datacenter GmbH (segment ICT Outsourcing). The Company informed also that it concentrates now on three Group segments (formerly five Group segments). Furthermore, the Company streamlined its Management Board to two Members of the Board. Full Article
Pironet NDH AG Sells SA2 Worldsync GmbH; Announces Change of Chairman of Executive Board
Pironet NDH AG announced that its segment SA2 Retail AG has sold its 51% share in SA2 Worldsync GmbH to its longstanding co-partner at SA2 Worldsync GmbH, GS1 Germany GmbH, Cologne, taking economic effect on January 1, 2011. The purchase price is set at EUR 2.6 million. Among other things, the transaction also encompasses the granting of a license (for a one-off fee in the amount of EUR 1.4 million) that SA2 Worldsync GmbH requires to continue its business operations. SA2 Worldsync GmbH is part of the MDS segment at Pironet NDH AG, where it had only been consolidated at equity since January 1, 2011. With the sale of the shares in SA2 Worldsync GmbH and the internal reorganization of SA2 Retail AG and SA2 Exchange GmbH, the process of the strategic review of the MDS segment of Pironet NDH AG was completed. In this connection, the Chairman of the Executive Board of Pironet NDH AG, Hans-Werner Scherer, has announced his wish to withdraw from the Executive Board of the Company. The related talks have not yet ended. Until their completion, Mr. Scherer is relieved of his duties as Chairman of the Executive Board and member of the Executive Board effective from August 11, 2011. With effect from August 11, 2011, Mr. Scherer's successor in the chairmanship of the Executive Board will be the present Deputy Chairman of the Executive Board, Felix Hoeger. Full Article
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