- ISIN DE0005558662
- Country Deutschland
Global PVQ SE
Global PVQ SE: Mechanics of Further Distribution Determined
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Global PVQ SE / Key word(s): Insolvency Mechanics of Further Distribution Determined Halle/Saale, 28 August 2015 Yesterday, on 27 August 2015, the creditors of Global PVQ SE (formerly: Q-Cells SE) held the final meeting (“Schlusstermin”) in the insolvency proceedings. On this occasion, the mechanics of further distribution of proceeds have been determined. Any future proceeds or proceeds which will not be distributed within the distribution scheduled for the coming months, shall be distributed as soon as free cash in an amount of EUR 40 mio. is available. For this purpose, insolvency administrator Henning Schorisch will prepare preliminary accounts (“Zwischenrechnung”) each time – after consideration of liabilities and provisions in the position of sections 54, 55 and 38 of the German Insolvency Code – assets available for distribution to the creditors have reached the amount of EUR 40 mio. However, such preliminary accounts being the basis for any further distributions will be prepared for a period ending on 31 December 2016 at the earliest. Contact: End of Corporate News 2015-08-28 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP 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: | Global PVQ SE | |
| Sonnenallee 17-21 | ||
| 06766 Bitterfeld-Wolfen OT Thalheim | ||
| Germany | ||
| Phone: | +49 (0)3494-669970102 | |
| Fax: | +49 (0)3494 – 669970001 | |
| E-mail: | s.krystossek@pvqse.de | |
| Internet: | www.pvqse.de | |
| ISIN: | DE0005558662, Wandelanleihe 2014: DE000A1AGZ06, Wandelanleihe 2015: DE000A1E8HF6 | |
| WKN: | 555866 | |
| Listed: | Regulated Unofficial Market in Hamburg, Hanover, Stuttgart; Open Market in Frankfurt | |
| End of News | DGAP News-Service |
| 390271 2015-08-28 |