GLOBALE Rückversicherungs Finance Alpha B.V.
Gerling Global Fin. Alpha english
Gerling Re: Interest Deferral
Corporate-news transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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In compliance with the rules and regulations of the Luxembourg Stock Exchange,
Article 9, Gerling Globale Finance Alpha B.V., Amsterdam, makes the following
announcement:
Because of the lack of distributable profits no dividend will be declared in
respect of any class of shares of Gerling-Konzern Globale Rückversicherungs
Aktiengesellschaft (GGRe), the guarantor of the Euro 220.000.000 subordinated
step-up fixed/floating rate bonds, at the general meeting (Hauptversammlung) of
GGRe resolving on the payment of a dividend for the business year 2002.
Therefore, Gerling Global Finance Alpha B.V., Amsterdam, intends to make use of
its contractual right to defer interest payments pursuant to sec. 6 (3) of the
terms and conditions of the bonds.
end of announcement (c)DGAP 02.07.2003
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WKN: 701555; ISIN: XS0133491000; Index:
Listed: Börse Luxembourg
021726 Jul 03
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