euro adhoc: Software AG
Software AG sells SAPSI-stake to SAP (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Darmstadt/Walldorf, 14 April 2004. Software AG, Darmstadt (SOW) is to sell its total holding of 1,272,100 shares of SAP System Integration AG, Dresden (SAPSI) to SAP AG, Walldorf. The agreement was signed today. SAP will pay Euro 20.40 per share, a total of Euro 25,950,840. The price per share equals the public offering, which was announced by SAP on 23 March 2004.
The transaction should be completed within the next few days. Software AG will increase liquid funds by Euro 26 million and show an additional profit after tax of Euro 24 million (Euro cent 88 per share) in the second quarter of 2004.
end of announcement euro adhoc 14.04.2004
Further inquiry note:
Otmar F. Winzig
VP Investor Relations
Tel.: +49 (0)6151 92 1669
Fax: +49 (0)6151 92 1933
E-Mail: otmar.winzig@softwareag.com
Branche: Software
ISIN: DE0003304002
WKN: 330400
Index: CDAX, HDAX, Midcap Market Index, Prime All Share, Prime Standard, TecDAX, Technologie
All Share
Börsen: Frankfurter Wertpapierbörse / official dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade