Ad hoc announcement pursuant to § 15 WpHG – DF Deutsche Forfait AG: Capital decrease and partial debt waiver according to insolvency plan effective

  • Share capital decreased to EUR 680,000.00
  • Partial debt waiver of Creditor group 1 according to insolvency plan valid in the amount of 61.96 % of their claims

Cologne, 30 May 2016 – In the insolvency proceedings over the assets of DF Deutsche Forfait AG (Prime Standard, ISIN: DE000A14KN88) the company applied for the decrease of the share capital of the company according to the insolvency plan confirmed by the court and in line with the regulations about simplified capital reduction from EUR 6,800,000.00 to EUR 680,000 to be registered in the company’s commercial register. The entry of the resolution about the decrease of the share capital was entered into the company’s commercial register on 25 May 2016. Therefore, the capital decrease is valid.

With the capital decrease becoming effective the partial debt waiver of Creditor Group 1, i.e. the group of the non-secondary insolvency creditors, which do not belong to groups 2 and 3 formed according to the insolvency plan, became effective in the amount of 61.96 % of their claims. In order to cause the partial debt waiver becoming effective, the resolution regarding the decrease of the share capital was applied for registration into the company’s commercial register before registering the cash and non-cash capital increase planned in the near future as also resolved upon in the insolvency plan.