DGAP-Ad hoc: Vascory AG

DGAP-Adhoc: Vascory AG: VASCORY AG IN TALKS TO ACQUIRE A GLOBAL TECHNOLOGY SERVICES PROVIDER

Vascory AG / Key word(s): Takeover/Miscellaneous

17.05.2016 19:33

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Ad-hoc-Meldung nach § 15 WpHG vom 17. Mai 2016

Vascory AG, ISIN DE0007786303

VASCORY AG IN TALKS TO ACQUIRE A GLOBAL TECHNOLOGY SERVICES PROVIDER

Kuala Lumpur, MALAYSIA - 17th May 2016

Vascory AG, headquartered in Frankfurt/Main, has announced on 17th May 2016 that talks in regards to a potential acquisition, are in progression with a Global Technology Service Provider, currently operating extensively across South East Asia, providing unrivalled solutions in the Financial Services, Facilities Management & Healthcare industries.

Rahul Rajendran - CEO of Vascory Technologies, comments, South East Asia is a strategic growth area and the acquisition of this Global Technological Services Provider, will enable the merged entity to develop, market, and support a wider service portfolio. Innovation is at the forefront of our merged operations and we are excited in delivering innovative solutions including a complete range of quality services to the ASIAN marketplace.

Rahul also commented that the details of the target company, will be disclosed following on the next shareholder meeting.

For additional information on Vascory AG, please visit www.vascory.de or contact the Investor Relations at ir@vascory.de

17.05.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

--------------------------------------------------------------------------- Language: English Company: Vascory AG Mailänder Strasse 2 30539 Hannover Germany Phone: Fax: E-mail: b.schlote@vascory.de; ir@vascory.de Internet: www.vascory.de ISIN: DE0007786303, DE0007786311 WKN: 778630, 778631 Listed: Regulated Market in Berlin, Hamburg; Open Market in Frankfurt End of Announcement DGAP News-Service ---------------------------------------------------------------------------