09.07.2014 Hansa Group AG  DE0007608606

DGAP-Adhoc: Hansa Group AG petitions for the commencement of insolvency proceedings under its own administration on the grounds of insolvency


 
Hansa Group AG / Key word(s): Insolvency 09.07.2014 18:43 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. --------------------------------------------------------------------------- Following on from Hansa Group AG's mandatory publication on July 7, 2014, the Management Board has openly reviewed the restructuring options available to the group of companies and today resolved to restructure the company by means of insolvency proceedings under its own administration. The Management Board of Hansa Group AG (ISIN DE0007608606, WKN 760860) therefore filed a petition to commence insolvency proceedings under its own management on the grounds of insolvency today with the responsible District Court in Duisburg. A petition for the commencement of insolvency proceedings under its own management was also filed for group companies LUHNS GmbH, WASCHMITTELWERK GENTHIN GmbH and Chemische Fabrik WIBARCO GmbH. The Management Board of Hansa Group AG expects that the insolvency court concerned will act very quickly to appoint a provisional administrator. 09.07.2014 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: Hansa Group AG Fritz-Henkel-Str. 8 39307 Genthin Germany Phone: +49 (0)203-73804-109 Fax: +49 (0)203-73804-309 E-mail: [email protected] Internet: www.hansagroup.de ISIN: DE0007608606 WKN: 760860 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------