DGAP-Adhoc: COR&FJA AG: COR&FJA AG signs letter of intent for the sale of its plenum shares

COR&FJA AG / Key word(s): Letter of Intent

09.10.2013 13:45

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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COR&FJA AG signs letter of intent for the sale of its plenum shares

(Leinfelden-Echterdingen, 9 October 2013) - Today, COR&FJA AG and the
Swiss-based company ConQor AG, Zug, signed a letter of intent (LOI) for the
planned sale of COR&FJA's shares in plenum AG, Frankfurt am Main (Munich
stock exchange: m:access; ISIN DE000A0Z23Y9). The LOI was signed with the
agreement of the COR&FJA Supervisory Board. 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 1.4 million euros and
corresponds to the unweighted average closing price of the plenum share on
the last 100 stock-market trading days up until 14 September 2013. COR&FJA
currently holds a total of 4,008,825 no-par-value bearer shares in plenum,
which corresponds to a 41.33 per cent stake in its nominal capital. The
intention within the scope of the planned transaction is that ConQor or a
company in the ConQor group should purchase COR&FJA's entire equity stake
in plenum.

plenum and its subsidiaries are currently being fully consolidated by
COR&FJA and, as a result, incorporated into the COR&FJA Group's
consolidated financial statements. In the last financial year 2012, the
plenum group contributed almost 13.1 million euros of the COR&FJA Group's
aggregate sales of 136.7 million euros. In the event of the equity stake in
plenum being sold, the plenum group will be deconsolidated with the result
that it will no longer contribute to the COR&FJA Group's sales.

Issuing party:

COR&FJA AG
Investor Relations
Humboldtstraße 35, 70771 Leinfelden-Echterdingen
Tel. +49 711 94958-0
E-mail: investor.relations?@?cor.?fja.com
Internet: www.cor.fja.com
WKN 513010, ISIN DE0005130108
Stock exchange centres: regulated market in Frankfurt (Prime Standard);
open market in Berlin, Düsseldorf, Hamburg, Stuttgart

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Language: English
Company: COR&FJA AG
Humboldtstraße 35
70771 Leinfelden-Echterdingen
Germany
Phone: +49 (0)711 94958-0
Fax: +49 (0)711 94958-49
E-mail: investor.relations@cor.fja.com
Internet: www.cor.fja.com
ISIN: DE0005130108
WKN: 513010
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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