- 28.06.2010, 20:44:49
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- OTS0309 OTW0309
EANS-Adhoc: Arcandor AG i.I./i.L. / Disposal of own shares
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ad-hoc disclosure pursuant to section 15 of the WpHG 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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28.06.2010
Today, the insolvency administrator of Arcandor AG has decided to dispose of
5,697,827 own shares of Arcandor AG (representing approx. 2.25 per cent of the
share capital). The shares will be sold via the stock exchange.
In this context, the insolvency administrator points out that the current
insolvency plan proceedings regarding Karstadt Warenhaus GmbH will have no
significant impact on the net assets, financial position and results of
operations of Arcandor AG. There exist no intentions to commence insolvency plan
proceedings in respect of Arcandor AG; instead Arcandor AG will be liquidated.
It is certain that the shareholders of Arcandor AG will neither receive any
proceeds nor dividends from the sale.
Essen, June 2010-06-28
Arcandor AG i.I./i.L.
Insolvency Administrator
Further inquiry note:
Thomas Schulz
Sprecher der Insolvenzverwaltung
Tel.: +49 (0) 201 727-2038
e-mail: [email protected]
end of announcement euro adhoc
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issuer: Arcandor AG i.I./i.L.
Theodor-Althoff-Straße 2
D-45133 Essen
phone: +49 (0)201 727 9816
FAX: +49 (0)201 727 9854
mail: [email protected]
WWW: http://www.arcandor.com
sector: RetailISIN: DE0006275001
indexes: CDAX, Classic All Share, HDAX, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, regulated dealing:
Berlin, Hamburg, Stuttgart, Düsseldorf, Hannover, München
language: English
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