- Share capital of the AG reduced by more than a half
- Significant entities of the Berndes group show high risk of insolvency
- Postponement of the Annual General Meeting
- Postponement of publication date for Annual Report
The CEO of CFC Industriebeteiligungen AG (ISIN: DE000A0LBKW6), Dortmund, announces that pursuant to § 92 Abs. 1 AktG a loss of half the share capital occured. This loss is caused by allowances related to the investment Berndes. Heinrich Berndes Haushaltstechnik GmbH & Co. KG, the main operating company of the Berndes group, Heinrich Berndes Haushaltstechnik Verwaltungs GmbH, and Berndes Beteiligungs GmbH have a high risk of insolvency.
The extraordinary General Meeting that has to take place pursuant to § 92 par.1 AktG is presumably scheduled for August. In this meeting, the CEO will announce the loss of half the share capital pursuant to § 92 par.1 AktG and outline the situation of the company. The shareholders will be provided with an invitation to the extraordinary General Meeting timely and duly. The Annual General Meeting, originally planned for August 17th, 2012 in Dortmund, will be postponed.
In addition, the CEO announces that CFC will not publish its annual and consolidated financial statements on June 29th, 2012, as a result of the aforementioned developments.
Furthermore, the divestment activities with regard to the electronics segment of the group, which is not at all affected by these developments, are halted until further notice. The CEO will outline the reasons for this development by means of a Corporate News to the firm’s shareholders in the course of this week.
CFC Industriebeteiligungen AG
Jan Philipp Gieselberg
Tel: + 49 (0) 231 222 40 500