Ad hoc announcement pursuant to § 15 WpHG – Insolvency plan submitted

  • Restructuring by way of partial waiver of debts, capital decrease and subsequent non-cash and cash capital increases while retaining stock exchange listing

Cologne, 29 February 2016 – In the context of the insolvency proceedings of DF Deutsche Forfait AG (Prime Standard ISIN: DE000A14KN88) (“the Company”), the Company today submitted an insolvency plan with the Cologne local court (insolvency court). Regarding the key data of the insolvency plan the Company refers to the ad hoc release of 25 February 2016. According to that, the Company continues as a going concern while retaining the stock exchange listing and reshapes its capital structure by way of a partial waiver of debts, a capital decrease and a subsequent cash capital increase as well as a capital increase against contribution in kind. The Company is confident that the insolvency plan will be approved by the vast majority of the creditors. The insolvency court will shortly fix a date for discussion and consultation on the insolvency plan. As this date is announced, the material contents of the insolvency plan will be published on the website of DF Deutsche Forfait AG.