• 05.09.2011, 07:31:30
  • /
  • OTE0002

EANS-Adhoc: A-TEC Industries AG / A-TEC Industries AG accepts offer to fulfill the restructuring plan.

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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05.09.2011

Vienna, September 5th, 2011: A-TEC INDUSTRIES AG (ISIN AT00000ATEC9) ("A-TEC")
announces, that A-TEC has accepted the offer of Contor Industries GmbH dated
30.6.2011 to fullfil the 47% quota under the restructuring plan of A-TEC dated
29.12.2010 through acceptance of the following offers:

1. The offer of Wolong Holding Group Co. Ltd to purchase all shares held by
A-TEC in ATB Austria Antriebstechnik Aktiengesellschaft.
2. The offer of Solstice International Investments Inc to acquire all shares in
Minerals&Metals Holding GmbH.
3. (a) The offer of PalmSquare International FZC to purchase from A-TEC
Beteiligungs GmbH the Voitsberg power plant.
(b) Alternatively the bridge financing offer in the requisite amount extended
by Wolong to A-TEC.

All payments resulting from the offers must be made no later than 30.9.2011 to
the fiduciary account of Dr Matthias Schmidt, attorney at law. The payments
shall, together with the funds already deposited with the trustee, enable the
fulfillment of the restructuring plan quota.

The strategies underlying the offers were discussed with the main financing
banks and credit insurers of the divisions and the offers were improved in line
with the latters´ requests.

Further inquiry note:
Nicole Berger-Akin, B.A.
Tel: +43 1 22760 - 108
Email: [email protected]
end of announcement euro adhoc
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issuer: A-TEC Industries AG
Wächtergasse 1
A-1010 Wien
phone: +43 1 22760
FAX: +43 1 22760-160
mail: [email protected]
WWW: http://www.a-tecindustries.com
sector: Holding companies
ISIN: AT00000ATEC9
indexes: Standard Market Continuous
stockmarkets: official market: Wien
language: English

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