Ad hoc-Announcement according to § 15 WpHG – Insolvency plan has been submitted for inspection- Hearing and voting meeting on 29 April 2016
Cologne, 13 April 2016 – The local court of Cologne (Insolvency Court) finished the preliminary examination of the insolvency plan as submitted by the executive board of DF Deutsche Forfait AG (Prime Standard ISIN: DE000A14KN88) on 29 February 2016 and amended on 8 April 2016 and set the hearing and voting meeting for 29 April 2016. The insolvency plan is kept for inspection by the parties involved since 13 April 2016 in the offices of the local court of Cologne Luxemburger Str. 101, Room 1303. The company refers to the key elements disclosed in the Ad-hoc-Announcement dated 25 February 2016 for the content of the insolvency plan. It is planned that the company is maintained while keeping the stock exchange listing and the capital structure is restructured by a partial debt waiver by the creditors, which amounts in a first step to 63.7 % rather than approximately 61 % after completion of the preliminary examination by the local court of Cologne, a capital decrease as well as a subsequent non-cash and cash capital increase. The company assumes that the insolvency plan is so appealing that the vast majority of the creditors will vote in favour of the insolvency plan.
The insolvency plan is available from 14 April 2016 on the company’s website: https://www.dfag.de/investor-relations/publikationen/ (German only).