PNE statement concerning market rumours

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PNE AG confirms market rumors that Morgan Stanley and Photon Management GmbH intend to enter into open-ended preliminary talks with potential interested parties regarding an acquisition of the entire shareholding in PNE AG held by Photon Management GmbH.

Photon Management GmbH, a company controlled by Morgan Stanley, is the largest shareholder in PNE AG. Morgan Stanley has informed the Board of Management of PNE AG that Morgan Stanley and Photon Management GmbH intend to hold preliminary talks with potential interested parties about an acquisition of the entire shareholding held by Photon Management GmbH in the Company. The Board of Management of PNE AG will support the intended preliminary discussions to the extent permitted by law and in the interest of the... ... More: Official Press Release PNE AG

Keywords:

PNE, share, Morgan Stanley, Photon Management, premiminary talk, parties, acquisition