ParTec AG: BF Tec Holding GmbH Pledges 167,000 Registered Shares
EQS-DD: Announcement of Pledge on ParTec AG Shares
As per a disclosure by EQS Group on February 23, 2023, BF Tec Holding GmbH, a company based in Germany, has pledged 167,000 registered shares of ParTec AG.
Details of the Pledge
The pledged shares represent approximately 5.3% of ParTec AG's share capital. The shares were pledged as collateral for a loan agreement with an undisclosed financial institution.
The pledge was registered in the commercial register of the district court of Osnabrück, Germany, on February 21, 2023.
About ParTec AG
ParTec AG is a German company that specializes in the development and production of particle and fiber-based technologies. The company's products are used in various industries, including automotive, filtration, and construction.
ParTec AG is headquartered in Münster, Germany, and has production facilities in Germany, the United States, and China. The company employs approximately 450 people worldwide.
About BF Tec Holding GmbH
BF Tec Holding GmbH is a German company that specializes in the development and production of fiber-based materials. The company's products are used in various industries, including automotive, construction, and medical.
BF Tec Holding GmbH is headquartered in Osnabrück, Germany, and has production facilities in Germany and China. The company employs approximately 200 people worldwide.
Implications of the Pledge
The pledge of 167,000 ParTec AG shares by BF Tec Holding GmbH could have several implications for the company:
- It could potentially lead to a change in the ownership structure of ParTec AG.
- It could affect the company's ability to raise capital in the future.
- It could impact the company's strategic direction.
The full impact of the pledge will likely depend on the terms of the loan agreement between BF Tec Holding GmbH and the undisclosed financial institution.
Conclusion
The pledge of 167,000 ParTec AG shares by BF Tec Holding GmbH is a significant development that could have implications for the company's ownership structure, capital raising ability, and strategic direction. It is important for investors to monitor the situation closely to assess the potential impact on their investments.
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