DGAP-News: World Markets AG : World Markets AG to delay publication of the Annual Financial Statements 2014; Invitation to the Annual General Meeting
15.06.2015 – 14:04
World Markets AG / Key word(s): Final Results/AGM/EGM 15.06.2015 14:01 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- On 15 June 2015, the Board of Directors of World Markets AG (4WM, ISIN CH0039402646) has announced that the publication of the Annual Financial Statements 2014 and the Invitation to the Annual General Meeting will be delayed beyond the required filing date. Currently 4WM is not in a position to complete its annual reports as the directors of one of its holdings, F.I.T. Timber Ltd. (FITTL), have not fulfilled their legal obligation to accurately and timely report to 4WM (as a shareholder and a creditor of FITTL) and did not provide data. As a result, 4WM's Board of Directors are not in a position to evaluate a significant portion of the Company's assets under IFRS or Swiss GAAP, and the appointed statutory auditors cannot complete their work in a timely and lawful manner. The Board of Directors is in contact with FITTL and its directors, and remains confident that the information will be available shortly. The corporate calendar will be updated as soon as possible. --------------------------------------------------------------------------- Language: English Company: World Markets AG c/o IFIT Fund Services AG, Rothusstrasse 21 6331 Hünenberg Switzerland Phone: 0041 41 500 0848 Fax: 0041 41 500 0849 E-mail: info@world-markets-ag.com Internet: www-world-markets-ag.com ISIN: CH0039402646 WKN: A0NJ8B Listed: Open Market (Entry Standard) in Frankfurt End of Announcement DGAP News-Service ---------------------------------------------------------------------------