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06/10/2011 11:13:50

EANS-Adhoc: LPKF acquires minority stakes in two subsidiaries


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  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
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10.06.2011

Garbsen, 10 June 2011 - LPKF Laser & Electronics AG today closed con-tracts of
sale on the acquisition of external stakes in two subsidiaries. Completion of
the contracts of sale will give LPKF AG a 100% shareholding in LPKF Motion &
Control GmbH in Suhl and a 100% shareholding in LPKF Distribution Inc. in
Portland (USA). 

These measures continue LPKF´s strategy of becoming the sole shareholder in the
main Group companies. Early in 2011, the company already acquired the external
shares in its Chinese subsidiary. Following the acquisition of the shares in
LPKF Motion & Control GmbH, LPKF will push ahead further with the expansion of
its solar business activities.

An immediately payable purchase price tranche of EUR 3.3 million was agreed for
the acquisition of the 49.1% shareholding in LPKF Motion & Control GmbH. The
payment of two more purchase price tranches with similar volumes has also been
agreed dependent on achieving contractually defined performance targets by 2014.
Approx. 10% of the additional purchase price tranches will be paid in the form
of new shares in LPKF Laser & Electronics AG. 

The acquisition of the external 15% shares in LPKF Distribution Inc. in Portland
(USA) was paid in the form of 50,000 new shares in LPKF Laser & Electronics AG.
For this purpose, the management board acted with the approval of the
supervisory board to raise the capital by EUR 50,000 with the exclusion of
subscription rights as empowered by the resolution adopted by the Annual General
Meeting on 10 June 2010 (authorized capital). 

The shares in LPKF Laser & Electronics AG are traded on the Prime Stan-dard of
the Frankfurt stock exchange (ISIN 0006450000).



Further inquiry note:
Helga Renners
Vorstandsassistenin
Tel.: +49 (0) 5131 7095 1381
E-Mail: helga.renners@lpkf.com

issuer:      LPKF Laser & Electronics AG
             Osteriede  7
             D-30827 Garbsen
phone:       +49(0)5131 7095 382
FAX:         +49(0)5131 7095 90
mail:        investorrelations@lpkf.de
WWW:         ¿U1http://www.lpkf.de¿U0
sector:      Semiconductors & active components
ISIN:        DE0006450000
indexes:     CDAX, Prime All Share, Technology All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, Hannover, München 
language:    English
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