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MarketScreener Homepage  >  Equities  >  Xetra  >  Gerry Weber International AG    GWI1   DE0003304101

GERRY WEBER INTERNATIONAL AG

(GWI1)
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Gerry Weber International AG: Insolvency proceedings under self-administration opened - change of stock market segment requested

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04/01/2019 | 09:30am EDT

DGAP-Ad-hoc: Gerry Weber International AG / Key word(s): Insolvency
Gerry Weber International AG: Insolvency proceedings under self-administration opened - change of stock market segment requested

01-Apr-2019 / 15:23 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.


Ad-hoc announcement pursuant to section 17 MAR

GERRY WEBER International AG: Insolvency proceedings under self-administration opened - change of stock market segment requested

(Halle/Westphalia, 1 April 2019) Today, the local court Bielefeld has ordered the scheduled opening of insolvency proceedings under self-administration for GERRY WEBER International AG. The court has appointed lawyer Stefan Meyer of PLUTA Rechtsanwalts GmbH as trustee (Sachwalter), who was previously already appointed provisional trustee. GERRY WEBER International AG had applied for the court order of insolvency proceedings under self-administration on 25 January 2019.

Throughout the opened self-administration proceedings, all business operations continue without limitations. The continued financing of operations is safeguarded well into the year 2020. All restructuring measures are being consequently implemented. The Managing Board remains in office with all powers and responsibilities within the self-administration proceedings.

Further, today, GERRY WEBER International AG applied for a change from the Prime Standard into the General Standard at the Frankfurt Stock Exchange.

The Managing Board

Notifying Person:
Florian Frank
Member of the Managing Board
Phone: +49 5201 185-140
ir@gerryweber.com


01-Apr-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Gerry Weber International AG
Neulehenstraße 8
33790 Halle/Westfalen
Germany
Phone: +49 (0)5201 185-0
Fax: +49 (0)5201 5857
E-mail: ir@gerryweber.com
Internet: www.gerryweber-ag.de
ISIN: DE0003304101
WKN: 330410
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; SIX, Vienna Stock Exchange
EQS News ID: 794211

 
End of Announcement DGAP News Service

794211  01-Apr-2019 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=794211&application_name=news&site_id=zonebourse

© EQS 2019
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Financials (€)
Sales 2018 800 M
EBIT 2018 -18,4 M
Net income 2018 -
Debt 2018 201 M
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019 1,27
EV / Sales 2018 0,27x
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Ernst Friedrich Schröder Chairman-Supervisory Board
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