11.11.2015
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DGAP-Adhoc: Alphaform AG: Management Board and Insolvency Administrator of Alphaform AG Decide to Apply for the entire Delisting of the Alphaform Shares
Alphaform AG / Key word(s): Delisting
11.11.2015 16:09
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Alphaform AG: Management Board and Insolvency Administrator of Alphaform AG
Decide to Apply for the entire Delisting of the Alphaform Shares
Feldkirchen (Germany), November 11, 2015
The Management Board and the Insolvency Administrator of Alphaform AG, Dr.
Hubert Ampferl, have passed the resolution to submit an application to the
Frankfurt Stock Exchange to revoke the admission of its shares to the
regulated market (General Standard segment), including their current
listing in the Prime Standard segment. The present listing of the shares
for over-the-counter trading on the stock exchanges in Stuttgart, Munich,
Hanover, Düsseldorf, Berlin/Bremen and Hamburg shall also cease parallel to
the revocation of the admission to the regulated market at the Frankfurt
Stock Exchange.
A significant reduction in the Company's administrative costs is expected
from Alphaform AG's intended entire withdrawal from the capital market.
With regard to the opening of insolvency proceedings on October 1, 2015 and
the sale of major assets of the operational business with effect from
October 1, 2015 in the Management Board's and Insolvency Administrator's
view, the Company's stock exchange listing no longer provides any
significant benefits.
The protection of free-float investors is ensured by the fact that the
revocation of admission should not become effective immediately. According
to section 55 (1) of the BörsO (Stock Exchange Regulations) for the
Frankfurt Stock Exchange the revocation of the admission to the Prime
Standard segment will become effective after three months following its
announcement by the management of the Frankfurt Stock Exchange. Whereas the
revocation of the admission to the General Standard segment will become
effective six months following the announcement by the management of the
Frankfurt Stock Exchange, in accordance with section 46 (2) of the BörsO
for the Frankfurt Stock Exchange. In the interest of protecting the
shareholders, the Management Board and the Insolvency Administrator have
decided not to apply for any shortening of the three-month respectively
six-month period.
Contact:
Rechtsanwalt Dr. Hubert Ampferl Thomas Kresser, CFO
als Insolvenzverwalter der
Alphaform AG Alphaform AG
Nymphenburger Str. 5 Kapellenstraße 10
80335 München 85622 Feldkirchen
Tel.: +49 89 / 3090586-0 Tel.: +49 89 / 905002-0
Fax: +49 89 / 3090586-10 Fax: +49 89 / 905002-90
E-Mail: [email protected] E-Mail: [email protected]
Internet: www.ra-dr-beck.de Internet: www.alphaform.de
11.11.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Alphaform AG
Kapellenstraße 10
85622 Feldkirchen
Germany
Phone: +49 (0)89 905002 - 0
Fax: +49 (0)89 905002 - 90
E-mail: [email protected]
Internet: www.alphaform.de
ISIN: DE0005487953
WKN: 548795
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of Announcement DGAP News-Service
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Alphaform AG ISIN: DE0005487953 können Sie bei EQS abrufen
Kunststoffe , 548795