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EquityStory AG
DGAP-Adhoc: Novavisions sells majority in NovaStor to management and group of investors
Mittwoch 1. Juli 2009, 08:53 Uhr

Novavisions AG (Xetra: 657221 - Nachrichten) / Miscellaneous

01.07.2009

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG (Xetra: 549416 - Nachrichten) . The issuer is solely responsible for the content of this announcement.
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Novavisions sells majority in NovaStor to management and
group of investors

Rotkreuz (Switzerland), 1 July 2009 - Novavisions AG signed an agreement with a group of investors and NovaStor management on the majority takeover of the NovaStor companies yesterday.

This transaction puts into practice the resolution taken at the Annual Shareholders Meeting on 8 May of only holding minority stakes in companies.

Under the agreement, company management and an investor group will acquire the majority of the NovaStor companies, valued at EUR 6.1 million. Novavisions is to remain a significant minority investor in NovaStor. The sale brings Novavisions a capital gain of around EUR 0.7. The transaction will give rise to a short-term cash flow of some EUR 0.9 million for Novavisions from the initial payment instalment. This partial disposal also significantly reduces costs at the company and creates room for further steps to increase shareholder value.

Contact:

Novavisions AG Claudia Schumacher Grundstraße 12 CH-6343 Rotkreuz Tel.: +41 (0)41 798 33 44 Fax: +41 (0)41 798 33 99 E-Mail: claudia.schumacher@novavisions.com www.novavisions.com 01.07.2009 Financial News transmitted by DGAP


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Language: English Issuer: Novavisions AG Grundstrasse 12 CH-6343 Rotkreuz Schweiz Phone: +41-41798 33-44 Fax: +41-41798 33-99 E-mail: claudia.schumacher@novavisions.com Internet: www.novavisions.com ISIN: DE0006572217 WKN: 657221 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Düsseldorf of News DGAP News-Service
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