Homag shareholders lodge appeal against court ruling

27.11.2019 − 

Shareholders of Homag Group have lodged an appeal against the ruling of the regional court of Stuttgart in proceedings which took place at the end of August concerning the control and profit and loss transfer agreement concluded in March 2015 between Dürr Technologies and the Homag Group. With this ruling, the cash settlement and guaranteed dividend were raised by 2 cents in each case to €31.58 per share and €1.03 net respectively. On account of the appeal, the ruling is not yet legally binding. The respective amounts of €31.56 and €1.01 net, which were originally agreed, continue to apply. In the context of the appeal, the legal proceedings will be continued at the higher regional court of Stuttgart.

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