12.05.2015
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DGAP-News: UMS United Medical Systems International AG: UMS AG reports on the first quarter of 2015
DGAP-News: UMS United Medical Systems International AG / Key word(s):
Quarter Results/Quarter Results
UMS United Medical Systems International AG: UMS AG reports on the
first quarter of 2015
12.05.2015 / 13:00
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UMS AG reports on the first quarter of 2015
Hamburg, May 12, 2015. UMS United Medical Systems International AG (UMS/
ISIN DE0005493654) today reported on the first quarter of 2015. Since UMS
AG sold its entire business operations in fiscal year 2014, the Company did
not generate any revenue in the first three months of 2015. UMS AG's
results in the first quarter of 2015 amounted to EUR -0.1 million, as
compared with EUR -0.1 million in the same quarter last year. The Company's
equity capital at March 31, 2015 amounted to EUR 48.7 million, while the
cash on hand at that date amounted to EUR 48.4 million.
In the first quarter of 2015, the Company purchased 475,609 of the total
4,757,668 outstanding UMS shares at a price of EUR 10.50 per share, in the
course of a share buyback plan. This reduced the number of shares in
circulation to 4,282,059.
After the shareholders' meeting on April 27, 2015, UMS AG distributed EUR
7.53 per share to its shareholders. In addition, the shareholders resolved
to dissolve the Company as of April 30, 2015. The Company assumes that the
liquidation will be complete in the summer of 2016. After liquidation the
remaining capital will be distributed to the shareholders of UMS AG. The
Company currently assumes that the final distribution will amount to
approximately EUR 3.60 per share. It is not anticipated that the Company
will withhold any investment income tax or solidarity surcharge from this
final distribution.
The complete report on the first quarter can be downloaded from the
Company's website at www.umsag.de.
About UMS International AG
UMS International AG is a corporation listed in the Prime Standard segment
of Deutsche Börse AG. The Company sold its interest in United Medical
Systems (DE), Inc. and thus essentially all its assets on August 14, 2014.
The shareholders agreed to this sale at the special meeting held on
September 25, 2014. The agreement was consummated on November 11, 2014. Now
that the assets have been sold, the purpose of the Company is to manage its
own assets.
Contact
Christian Möller, Tel: (040) 50 01 77-00, Fax: (040) 50 01 77-77, E-Mail:
[email protected]
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12.05.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: UMS United Medical Systems International AG
Borsteler Chaussee 53
22453 Hamburg
Germany
Phone: +49 (0)40 - 500 177 - 00
Fax: +49 (0)40 - 500 177 - 77
E-mail: [email protected]
Internet: www.umsag.com
ISIN: DE0005493654
WKN: 549365
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of News DGAP News-Service
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