01.11.2013 IVG Immobilien AG  DE0006205701

DGAP-Adhoc: IVG Immobilien AG: Bonn District Court confirms self-administration - Reorganisation to proceed as planning procedure


 
IVG Immobilien AG / Key word(s): Capital Reorganisation/Insolvency 01.11.2013 09:52 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The Bonn District Court has finally approved the petition submitted by IVG Immobilien AG on 20 August 2013 to conduct its insolvency proceedings under self-administration. The company had previously begun devising an insolvency plan under what is referred to as protective shield proceedings. The plan is expected to be submitted to the court before Christmas as the next step. If the plan is then accepted by the creditors and confirmed by the court, the insolvency proceedings can be lifted in the first half of 2014 as planned. 01.11.2013 DGAP's 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: IVG Immobilien AG Zanderstr. 5-7 53177 Bonn Germany Phone: +49 (0)228 844-400 Fax: +49 (0)228 844-372 E-mail: [email protected] Internet: www.ivg.de ISIN: DE0006205701, DE000A0JQMH5 WKN: 620570, A0JQMH Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime Standard), München; Freiverkehr in Hamburg, Hannover, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------