DGAP-Adhoc: DO & CO Aktiengesellschaft:
DGAP-Ad-hoc: DO & CO Aktiengesellschaft / Key word(s): Miscellaneous
DO & CO Aktiengesellschaft:
18-Oct-2017 / 17:57 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DO & CO AG informs that Turkish Airlines A.O. (THY) announced that it has started negotiations with a third party for the procurement of catering services at the third airport of Istanbul upon transfer of THY's operations thereto and that THY has entered into a memorandum of agreement.
In this context, DO & CO AG would like to clarify that neither the joint corporation TURKISH DO & CO, nor the catering agreement between THY and TURKISH DO & CO have been terminated by THY.
DO & CO AG is still fully committed to THY and dedicated to the ongoing partnership.
In this context, DO & CO AG clarifies that DO & CO AG :
is fully committed to its engagements and investments in Turkey
intends to continue its current business in Turkey and
is willing to undertake significant investments at the new airport in Istanbul, even if TURKISH DO & CO shall not be elected to serve THY at the third airport.
Contact:
Mag. Daniela Schrenk
Group Legal Department
18-Oct-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
DO & CO Aktiengesellschaft
Stephansplatz 12
1010 Wien
Austria
Phone:
+43 (1) 535 0644 1010
Fax:
+43 (1) 74000-1089
E-mail:
investor.relations@doco.com
Internet:
www.doco.com
ISIN:
AT0000818802
WKN:
81880
Listed:
Regulated Unofficial Market in Berlin, Munich, Stuttgart; Wien (Amtlicher Handel / Official Market)
End of Announcement
DGAP News Service
620303 18-Oct-2017 CET/CEST