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DGAP-Adhoc: Gerry Weber International AG: GERRY WEBER Retail GmbH & Co. KG enters preliminary insolvency proceedings under self-administration

Bild und Copyright: Michael Barck / www.4investors.de.

Bild und Copyright: Michael Barck / www.4investors.de.

Nachricht vom 07.02.2019 07.02.2019 (www.4investors.de - in Kooperation mit DGAP - EQS Group):


DGAP-Ad-hoc: Gerry Weber International AG / Key word(s): Insolvency

Gerry Weber International AG: GERRY WEBER Retail GmbH & Co. KG enters preliminary insolvency proceedings under self-administration
07-Feb-2019 / 17:09 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Ad-hoc announcement pursuant to section 17 MAR

GERRY WEBER International AG: Gerry Weber Retail GmbH & Co. KG enters preliminary insolvency proceedings under self-administration

(Halle/Westphalia, 7. February 2019) Today, the responsible local court Bielefeld approved the application for the court order of preliminary insolvency proceedings under own administration according to § 270 a InsO by GERRY WEBER Retail GmbH & Co. KG, a 100 % subsidiary of GERRY WEBER International AG. Within the scope of the preliminary insolvency proceedings under self-administration business operations of GERRY WEBER Retail GmbH & Co. KG are continued to full extend. According to the current status, the continued financing of operations is safeguarded until the year 2020. The management consisting of Johannes Ehling and Florian Frank remain in office with all powers and responsibilities. The preliminary insolvency proceedings under self-administration of GERRY WEBER Retail GmbH & Co. KG will commence until end of April 2019, the insolvency proceedings are expected to start at beginning of May. As in the case of GERRY WEBER International AG, the well-versed fashion industry expert Christian Gerloff from the law-firm Gerloff Liebler will support the Management as General Representative. Restructuring expert and lawyer Stefan Meyer, PLUTA lawyers, was appointed provisional trustee (Sachwalter) by the court.

The Managing Board

Notifying Person:
Florian Frank
Member of the Managing Board
Phone: +49 5201 185-140
ir@gerryweber.com








07-Feb-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:
English
Company:
Gerry Weber International AG

Neulehenstraße 8

33790 Halle/Westfalen


Germany
Phone:
+49 (0)5201 185-0
Fax:
+49 (0)5201 5857
E-mail:
info@gerryweber.com
Internet:
www.gerryweber-ag.de
ISIN:
DE0003304101
WKN:
330410
Listed:
Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; SIX, Vienna Stock Exchange

 
End of Announcement
DGAP News Service



773737  07-Feb-2019 CET/CEST








Weitere DGAP-News von Gerry Weber

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08.07.2019 - DGAP-News: Gerry Weber International AG: Investor übt Kaufoption für HALLHUBER aus
04.06.2019 - DGAP-News: Gläubigerversammlung bestätigt Eigenverwaltung bei GERRY WEBER International AG
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