The majority shareholder of ifa systems AG, Topcon Europe Medical B.V., has informed the management board that it has entered into a share purchase agreement on the disposal of its participation in ifa systems AG amounting to approx. 52.56 % of the share capital with Nexus AG having its seat in Donaueschingen. The share purchase agreement will be consummated by 5 June 2019 the latest. The loans granted to ifa systems AG by Topcon in the amount of EUR 4m will be assumed by Nexus AG in the amount of EUR 3m and repaid by ifa systems AG in the amount of EUR 1m. Such repayment will not reduce the cash since it will be set-off against payment claims of ifa group against Topcon. In the course of the transaction, the supervisory board members Nick Smit and Randy Samuels as well as the management board member Nobuo Takase will also resign from their offices by 5 June 2019 the latest with immediate effect. The management board will apply for the appointment of two new supervisory board members by court at short notice.

Contact (informing person):

Jörg Polis
Chairman of the Management Board