At the end of last week, we learned from media reports that the public prosecutor's office in Frankfurt/Main had received a complaint from BaFin, which we have been provided with today. We reject the allegations made therein, in particular of market manipulation. We are confident that we will clarify the matter in full cooperation with the authorities.  

The essential subject of the complaint is the acquisition of Whinstone US Inc. announced in November 2019 and the related question whether the expectations expressed about this transaction were adequate.  

The recent sale of Whinstone has proven the high value of the acquisition. 

Disclaimer

This press release does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities of Northern Data AG and does not constitute a prospectus of Northern Data AG. The information contained in this press release is not intended to form the basis of any financial, legal, tax or other business decision. Investment or other decisions should not be made solely on the basis of this press release. As with all business and investment matters, please consult qualified professional advice. This release and the information contained herein are not for distribution, directly or indirectly, in or into the United States of America, Canada, Australia or Japan.

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