schlott gruppe Aktiengesellschaft
schlott gruppe: continuation under provisional insolvency proceedings secured
schlott gruppe Aktiengesellschaft / Key word(s): Insolvency 31.01.2011 17:39 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- schlott gruppe: continuation under provisional insolvency proceedings secured Freudenstadt / Nuremberg, 31 January 2011. schlott gruppe will be able to continue trading during the preliminary insolvency proceedings. Following negotiations lasting several days, the insolvent group's banks and the provisional administrator Siegfried Beck have now reached agreement on a special loan similar to debtor-in-possession financing. This gives Beck the capital needed to maintain the group's business operations for the foreseeable future, i.e. beyond the opening of insolvency proceedings at the beginning of April, and time to work with schlott gruppe's management board on a possible rescue package for the printing and media group. Regardless of the current insolvency proceedings, both production and customer deliveries remain on track. schlott gruppe AG Marco Walz Investor Relations & PR Wittlensweilerstraße 3 72250 Freudenstadt GERMANY Phone: +49 7441 531-230 Fax : +49 7441 531-204 marco.walz@schlottgruppe.de www.schlottgruppe.de 31.01.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: schlott gruppe Aktiengesellschaft Wittlensweilerstraße 3 72250 Freudenstadt Deutschland Phone: +49 (0)7441 531-230 Fax: +49 (0)7441 531-204 E-mail: marco.walz@schlottgruppe.de Internet: www.schlottgruppe.de ISIN: DE0005046304 WKN: 504630 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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