EANS-Adhoc: Wolford Aktiengesellschaft WOLFORD AG Secures Financing Until June
2018
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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is responsible for the content of this announcement.
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Financing
11.07.2017
Bregenz -
Wolford AG has agreed with its banking partners to have its lines of credit
extended up until June 30, 2018 as well as to be granted bridge financing of up
to EUR 10 million to cover its peak seasonal liquidity requirements. The
agreement is subject to contractual implementation and the approval of the
corporate bodies of the banks. Accordingly, the financing of Wolford AG has been
secured for the current financial year (May 2017 - April 2018). The management
is actively supporting the process initiated by the main shareholders to select
investors interested in purchasing a majority stake in Wolford AG. The
acquisition of the block of shares by the future core shareholder is linked to
equity capital measures designed to strengthen the medium and long-term
liquidity of the company.
Further inquiry note:
Wolford AG
Maresa Hoffmann
Investor Relations & Corporate Communications
Tel.: +43 5574 690 1258
investor@wolford.com | company.wolford.com
end of announcement euro adhoc
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issuer: Wolford Aktiengesellschaft
Wolfordstrasse 1
A-6900 Bregenz
phone: +43(0) 5574 690-1268
FAX: +43(0) 5574 690-1219
mail: investor@wolford.com
WWW: http://company.wolford.com
ISIN: AT0000834007
indexes: ATX GP
stockmarkets: Wien, Frankfurt, New York
language: English
