DGAP-Adhoc: Philipp Holzmann AG i.I.: Notification by the court-appointed, former insolvency administrator
DGAP-Ad-hoc: Philipp Holzmann AG i.I. / Key word(s): Insolvency
Philipp Holzmann AG i.I.: Notification by the court-appointed, former insolvency administrator
17-Dec-2019 / 16:03 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The court-appointed, former insolvency administrator for the assets of Philipp Holzmann AG, attorney-at-law Ottmar Hermann, announces:
In the suspended insolvency proceedings concerning the assets of Philipp Holzmann AG, file no. 810 IN 289/02 H‑11‑8 at the Local Court of Frankfurt am Main/Germany, registered office Frankfurt am Main, a subsequent distribution has been ordered.
An additional dividend of estimated 1.4 % to 1.5 % will be distributed on the registered insolvency claims. In total, the insolvency dividend is expected to increase to 18.3 %. Further distributions are not expected.
The subsequent distribution will be announced in accordance with Sec. 188 of the German Insolvency Code (InsO) at http://www.insolvenzbekanntmachungen.de.
Holders of securities from the convertible bond of Philipp Holzmann AG dated 01 December 1998 WKN 350498 will be informed separately about the dividend payment attributable to them and the procedure to be observed by publication in the financial gazettes (electronic edition of the Bundesanzeiger, print edition of the Bundesanzeiger, Börsenzeitung
and London Gazette).
Ottmar Hermann, court-appointed, former insolvency administrator
Tel. +49 69 913092-0
Mail: frankfurt@hww.eu
(This convenience translation is only intended for information purpose. The German language version shall prevail.)
In the suspended insolvency proceedings concerning the assets of Philipp Holzmann AG, file no. 810 IN 289/02 H‑11‑8 at the Local Court of Frankfurt am Main/Germany, registered office Frankfurt am Main, a subsequent distribution has been ordered.
An additional dividend of estimated 1.4 % to 1.5 % will be distributed on the registered insolvency claims. In total, the insolvency dividend is expected to increase to 18.3 %. Further distributions are not expected.
The subsequent distribution will be announced in accordance with Sec. 188 of the German Insolvency Code (InsO) at http://www.insolvenzbekanntmachungen.de.
Holders of securities from the convertible bond of Philipp Holzmann AG dated 01 December 1998 WKN 350498 will be informed separately about the dividend payment attributable to them and the procedure to be observed by publication in the financial gazettes (electronic edition of the Bundesanzeiger, print edition of the Bundesanzeiger, Börsenzeitung
and London Gazette).
Ottmar Hermann, court-appointed, former insolvency administrator
Tel. +49 69 913092-0
Mail: frankfurt@hww.eu
(This convenience translation is only intended for information purpose. The German language version shall prevail.)
17-Dec-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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