Corporate | 3 December 2015 13:44
DF Deutsche Forfait AG informs subscribers of the cash capital increase
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DGAP-News: DF Deutsche Forfait AG / Key word(s): Restructure of Company
DF Deutsche Forfait AG informs subscribers of the cash capital increase
Cologne, 3 December 2015 – The Board of Management of DF Deutsche Forfait AG (Prime Standard, ISIN: DE000A14KN88) would like to inform the subscribers of the capital increase against cash contributions with shareholders’ subscription rights (“cash capital increase”) completed on 22 July 2015 of the next steps and their claims against DF Deutsche Forfait AG. The cash capital increase failed to generate the placement volume required pursuant to the IDW S6 report. Complementary capital measures failed to fill the company’s financing gap by 30 September 2015, which means that the capital measure could not be entered in the Commercial Register and the restructuring could not be completed. Shareholders who subscribed new shares and whose accounts were debited with the corresponding amounts are asked to contact the company shortly, stating their name and address and providing evidence of the subscription of the shares and of their payment (copies of these documents are sufficient). Once this information has been received, the subscribers of the cash capital increase will immediately receive a letter containing all relevant information regarding the current state of the rescission and the next steps.
The company intends to submit the insolvency plan, which outlines the planned restructuring measures, among other things, to the Cologne local court by mid-December 2015. It will be possible to comply with the interests of the subscribers of the cash capital increase only if the latter contact the company as soon as possible.
Contact address:
Stichwort: Barkapitalerhöhung Kattenbug 18-24 50667 Köln By e-mail: barkapitalerhoehung@dfag.de
The main business activities of DF Group are the purchase and sale of selected export receivables in emerging markets on a non-recourse basis. The objective is to sell the acquired receivables at the same time or in the short term. Forfaiting is an increasingly important tool in export financing, with volumes rising in line with the continuing advance of globalization. Creating tradable products from receivables benefits both exporters and buyers. As well as transferring risk to the buyer, the main benefit of forfaiting for exporters is the inflow of cash. This relieves the exporters’ credit lines and improves their balance sheet structure. DF Deutsche Forfait AG structures receivables attractively, so that investors seek them as a type of investment.
T +49 221 97376-37
2015-12-03 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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| Language: | English | |
| Company: | DF Deutsche Forfait AG | |
| Kattenbug 18-24 | ||
| 50667 Köln | ||
| Germany | ||
| Phone: | +49 (0)221 – 973 76 0 | |
| Fax: | +49 (0)221 – 973 76 76 | |
| E-mail: | dfag@dfag.de | |
| Internet: | www.dfag.de | |
| ISIN: | DE000A14KN88, DE000A1R1CC4, | |
| WKN: | A14KN8, A1R1CC | |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart | |
| End of News | DGAP News Service |