DGAP-News: UET United Electronic Technology AG: announces Blackstone as new major shareholder

DGAP-News: UET United Electronic Technology AG / Key word(s): Statement/Miscellaneous
UET United Electronic Technology AG: announces Blackstone as new major shareholder

30.06.2022 / 15:02
The issuer is solely responsible for the content of this announcement.

United Electronic Technology (UET) AG (ISIN: DE000A0LBKW6), Eschborn, Germany, announces that Blackstone Strategic Partners, a division of Blackstone Inc, New York, USA, has acquired a total of 3,500,000 shares from the former shareholder Palace Park Investments Ltd, an investment company of Stepstone Global. Blackstone now holds approximately 23% of the voting rights in UET AG.

Contact:

UET United Electronic Technology AG
D-65760 Eschborn, Frankfurter Str. 80-82
Sebastian Schubert, Investor Relations
Tel: + 49 (0) 6196 777755-0
Email: investor@uet-group.com

30.06.2022 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.

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Language:	English
Company:	UET United Electronic Technology AG
	Frankfurter Straße 80-82
	65760 Eschborn
	Germany
Phone:	+49 (0)6196-7777550
Fax:	+49 (0)6196-7777559
E-mail:	investor@uet-group.com
Internet:	www.uet-group.com
ISIN:	DE000A0LBKW6
WKN:	A0LBKW
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Stuttgart
EQS News ID:	1388045


End of News	DGAP News Service

1388045 30.06.2022