WWL Internet AG
WWL Internet AG english
WWL Internet AG files for insolvency
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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WWL Internet AG files for insolvency
Nuremberg, 21 Oct 2002 – In spite of their commitment of April 2002, the
investors of WWL Internet AG, Nuremberg (WKN 783 010) decided to stop their
financial engagement immediately. The order situation has continuously been
getting worse. Now the management merely expects annual revenues of EUR 5-6
millions.
According to this, the company’s management is obliged to file for insolvency
today. A solution to continue the business is being worked on with high
priority.
The chairman of the supervisory board, Max J. Rauch, resigned because of health
reasons. The members of the executive board asked the court to determine a new
member for the supervisory board.
Further information:
WWL Internet AG
Tel. (09 11) 25 26 – 0
Fax. (09 11) 25 26 – 1 09
E-Mail: info@wwl.de
end of ad-hoc-announcement (c)DGAP 21.10.2002
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WKN: 783 010; ISIN: DE0007830101; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Düsseldorf, Hamburg,
Hannover und Stuttgart
211255 Okt 02
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