Annual General Meeting – DF Deutsche Forfait AG – Annual General Meeting supports restructuring plan

• All items on the agenda approved almost unanimously by the shareholders
• Bondholders may pave the way for successful restructuring in the current vote

At today’s ordinary Annual General Meeting of DF Deutsche Forfait AG (Prime Standard, ISIN: DE0005488795), more than 99% of the capital represented by the shareholders approved all relevant items on the agenda. Approximately 41% of the share capital was represented at the AGM.
Says Frank Hock, Chief Financial Officer of DF Deutsche Forfait AG: “By approving the proposed restructuring concept, our equity investors have sent a clear signal. As our lending banks have also promised their support, it is now up to the bondholders to pave the way for a swift implementation of the proposed measures.”
Among other things, the shareholders approved an increase in the company’s share capital through the issue of up to 6,800,000 registered shares (agenda item 7) as well as the issue of options to existing bonds through the issue of up to 3,390,000 registered shares (agenda item 8) with a majority of 99.8% each of the share capital represented at the meeting. 99.5% approved the conversion from bearer shares to registered shares (agenda item 6).
The full voting results of the Annual General Meeting are published at https://www.dfag.de/investor-relations/hauptversammlung/.
The bondholders’ vote on the resolution to restructure the 2013/20 bond will end tonight (24:00 h). Bondholders wishing to participate in the vote may submit their written votes to the vote administrator, the notary public Dr. Klaus Pieler of Cologne, until 24:00 h tonight.
Further information and the voting forms bondholders may use to cast their votes are available at https://www.dfag.de/investor-relations/anleihe.