Accu Holding AG
Accu Holding AG: RCT terminates business with key client
EQS Group-Ad-hoc: Accu Holding AG / Key word(s): Restructure of Company/Legal Matter NOT FOR DISTRIBUTION IN THE UNITED STATES, UNITED KINGDOM OR THE EUROPEAN ECONOMIC AREA Press Release Accu Holding AG: RCT Hydraulic terminates business relation with key client Emmenbrücke, April 27th 2016. After intense negotiations with a key client of RCT Hydraulic Tooling AG (RCT), a subsidiary of Accu Holding AG (Accu), the long-standing business relationship has been terminated by mutual agreement. Due to the significant exposure to this customer and continuing difficulties to turn RCT into a profitable business, alternative solutions or realignment of the company are exhausted. Accu is therefore evaluating to close down these unprofitable activities. Accu had issued a letter of comfort and guarantees to RCT. Potential financial obligations for Accu are subject of the current examination. Closing this operational activity will cease a multiannual cash-absorbing manufacturing facility. Contact: a.kratzer@accuholding.ch Accu Holding AG – Company Profile Legal Disclaimer The economic projections and predictions contained in this information relate to future facts. Such projections and predictions are subject to risks, uncertainties and changes which cannot be foreseen and which are beyond the control of Accu Holding AG. Accu Holding AG is therefore not in a position to make any representations as to the accuracy of economic projections and predictions or their impact on the financial situation of Accu Holding AG or the market in the securities of Accu Holding AG. This document does not constitute an offer or invitation to subscribe for or purchase any securities. It is not being issued in countries where the public dissemination of the information contained herein may be restricted or prohibited by law. In particular, this document is not being issued in the United States of America and should not be distributed to U.S. persons or publications with a general circulation in the United States. Any non-compliance with such restrictions may result in a n infringement of U.S. securities laws. Securities of Accu Holding AG (“Company”) are not being publicly offered outside of Switzerland. In particular, the securities of the company have not been registered under the U.S. securities laws and may not be offered, sold or delivered within the United States or to U.S. persons absent the registration under or an applicable exemption from the registration requirements of the U.S. securities laws. This document does not constitute a prospectus according to 652a or article 1156 of the Swiss Code of Obligations or article 27et seq. of the Six Swiss Exchange listing rules. This document is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order“) or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons“). The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this information or any of its contents. End of ad hoc announcement +++++ Additional features: Document: http://n.eqs.com/c/fncls.ssp?u=RDGIONCLVP Document title: bingo 2016-04-27 News transmitted by EQS Schweiz AG. www.eqs.com – news archive: http://switzerland.eqs.com/de/News The issuer is responsible for the contents of the release. |
Language: | English | |
Company: | Accu Holding AG | |
Gerliswilstrasse 17 | ||
6021 Emmenbrücke | ||
Switzerland | ||
Phone: | +41 44 318 88 00 | |
Fax: | +41 44 318 88 02 | |
E-mail: | info@accuholding.ch | |
Internet: | www.accuholding.ch | |
ISIN: | CH0001366332 | |
Valor: | 136633 | |
Listed: | Foreign Exchange(s) SIX | |
End of News | EQS Group News Service |