phenomedia AG
Phenomedia AG english
Phenomedia applies for insolvency proceedings
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Phenomedia applies for insolvency proceedings
After the supervisory board of Phenomedia AG revoked the appointment of Markus
Scheer and Björn Denhard to the managing board on 15/04/2002, the remaining
board members Jürgen Goeldner and Holger Müller immediately took all necessary
steps to clarify the situation.
The special audit began on 22 April and was conducted by the supervisory board
and the auditory company Warth & Klein, appointed by the managing board. In
order to avoid influencing this audit, which has not been completed yet, and the
investigation by the public prosecutor’s office, the company has consciously
refrained from issuing so far unproven results of the examination. The company
still believes that the message of 22/04/2002 should continue to stand.
However, the liquidity required to continue running the company cannot be
entirely guaranteed at this time. Though promising talks have taken place with
potential investors, none of these could be led to a conclusion within the
legally defined time frame.
Therefore, the managing board today, on 14 May 2002, applied for the opening of
insolvency proceedings on the grounds of the company’s insolvency at the court
of Bochum.
end of ad-hoc-announcement (c)DGAP 14.05.2002
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WKN: 541490; ISIN: DE0005414908; Index:
Listed: Neuer Markt Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, München, Hannover und Stuttgart
141813 Mai 02
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