EANS-Adhoc: Arcandor AG
Ad hoc release pursuant to § 15 of the German
Securities Trading Act(WpHG)
Thomas Cook Group plc shares have been realised upon completely by
Arcandor-creditor banks
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.
15.09.2009
Under the leadership of Bayerische Landesbank, the creditor banks of the insolvent Arcandor AG (ISIN DE0006275001) have notified the administrator appointed over Arcandor AG´s assets that all of the shares in Thomas Cook Group plc (ISIN GB00B1VYCH82) in respect of which Arcandor AG and Karstadt Quelle Freizeit GmbH had granted share charges to the financing banks in the context of the corporate group´s financing have been realised upon completely and with legal effect for the purposes of repaying the corporate group financing. Neither Arcandor AG nor any of the entities in which it holds an interest now hold any shares in Thomas Cook Group plc.
Arcandor AG (in liquidation) Insolvency administrator
Further inquiry note:
Detlef Neveling
Telefon: +49 (0) 201 727-9817
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