EANS-Adhoc: DVB Bank SE
Substantial gain expected to result from the sale of
an interest in TES Holdings Ltd
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information 03.04.2012 DVB Bank SE (DVB) has signed an agreement with the Mitsubishi Corporation, Tokyo, Japan (MC) and the Development Bank of Japan Inc., Tokyo, Japan (DBJ), pursuant to which MC and DBJ will acquire a 35.0% share and a 25.0% share respectively in TES Holdings Ltd, Bridgend, United Kingdom from DVB. The agreement is subject to required anti-trust clearance. TES Holdings Ltd (TES) is the parent company of the TES Group, a leading aircraft engine solutions provider. Currently DVB indirectly holds 92.1% of the shares in TES. At closing of the agreement it will first acquire the remaining 7.9% of the shares in TES and immediately thereafter sell a total of 60.0% of the shares of TES to MC and DBJ. DVB expects that these two shareholders will bring new business dimension and opportunities to the TES Group. If the sale of the 60.0% of the shares is completed, it will result in a substantial gain in the 2012 business year. The expected net capital gain on the sold shares would have increased the IFRS Return on Equity before tax reported in 2011 by about 12.0%. Frankfurt/Main, 3 April 2012 DVB Bank SE BOARD OF MANAGING DIRECTORS Wolfgang F. Driese Bertrand Grabowski Dagfinn Lunde Further inquiry note: Elisabeth Winter Investor Relations Tel: +49 (0)69-97504-329 E-Mail: elisabeth.winter@dvbbank.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: DVB Bank SE Platz der Republik 6 D-60325 Frankfurt am Main phone: +49 (0)69 9750-40 FAX: +49 (0)69 9750-4444 mail: info@dvbbank.com WWW: http://www.dvbbank.com sector: Banking ISIN: DE0008045501 indexes: stockmarkets: free trade: Düsseldorf, Stuttgart, regulated dealing/general standard: Frankfurt language: English
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