EANS-Adhoc: Ad hoc notification in accordance with § 15 of the German Securities
Trading Act
Arcandor AG
Dr. Görg appointed as insolvency administrator of Arcandor AG
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
01.09.2009
Essen/Germany, September 1, 2009. The District Court in Essen as the competent insolvency court has appointed Dr. Klaus Hubert Görg as insolvency administrator of Arcandor AG, Karstadt Warenhaus GmbH, Quelle GmbH transferring the power of administration and control over all assets and the power of representation of these companies to the insolvency administrator.
Along with CEO Dr. Karl-Gerhard Eick, other executives to leave the company include CFO Rüdiger A. Günther, Arnold Mattschull (Head of Central Purchasing), Stefan W. Herzberg (Head of Department Stores), Zvezdana Seeger (Head of Restructuring and IT), and Manny Fontenla-Novoa (Head of Tourism).
Marc Sommer, CEO of the mail-order group Primondo, will continue to support the sales activities and the control of operations in his area of responsibility.
end of announcement euro adhoc
Further inquiry note:
Detlef Neveling
Telefon: +49 (0) 201 727-9816
E-Mail: detlef.neveling@arcandor.com
Branche: Retail
ISIN: DE0006275001
WKN: 627500
Index: Midcap Market Index, MDAX, CDAX, Classic All Share, HDAX,
Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / regulated dealing
Hamburg / regulated dealing
Stuttgart / regulated dealing
Düsseldorf / regulated dealing
Hannover / regulated dealing
München / regulated dealing