Northern Data AG / DE000A0SMU87

Northern Data AG examines possible divestment of its cryptomining business Peak Mining

EQS-Ad-hoc: Northern Data AG / Key word(s): Disposal


21-Oct-2024 / 07:35 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014

Frankfurt am Main, 21 October 2024 – The Management Board of Northern Data AG (ISIN: DE000A0SMU87, the “Company”) resolved today to begin negotiations with interested parties regarding a possible divestment of its cryptomining business Peak Mining. The Company hereby continues its strategic direction to focus on its AI Solutions business. Whether a divestment of Peak Mining will take place cannot yet be predicted and depends, among other things, on the current dynamic market environment for crypto currencies.

Investor Relations: Jose Cano
Vice President, Investor Relations
An der Welle 3
60322 Frankfurt am Main
E-Mail: [e-mail]

End of Inside Information

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21-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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Language:	English
Company:	Northern Data AG
	An der Welle 3
	60322 Frankfurt/Main
	Germany
Phone:	[phone]
E-mail:	[e-mail]
Internet:	www.northerndata.de
ISIN:	DE000A0SMU87
WKN:	A0SMU8
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID:	2011897

End of Announcement	EQS News Service

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2011897  21-Oct-2024 CET/CEST