Philipp Holzmann AG i.L.
Philipp Holzmann AG i.I.: The insolvency administrator reports
Philipp Holzmann AG i.I. / Key word(s): Insolvency/Payout 20.11.2015 10:16 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- 20 November 2015 The insolvency administrator for Philipp Holzmann AG i.L., lawyer Rechtsanwalt Ottmar Hermann, hereby reports as follows: In the insolvency proceedings regarding the assets of Philipp Holzmann AG, court ref. 810 IN 289/02 H before the Local Court (Amtsgericht) of Frankfurt am Main, Germany, registered offices in Frankfurt am Main, the final tax-related issues have in the meantime been clarified. Therefore, the final distribution on the registered insolvency claims will take place at short notice. It is anticipated that initially a further quota of 9.73 per cent on the registered claims will be available. During the further subsequent distribution, an additional quota is anticipated to be able to be paid in the course of the next few years, amounting to approx. 0.5 - 1 per cent. This results in a total quota of 16.9 per cent, not including the subsequent distributions; taking into consideration the expected subsequent distributions, the total distributed quota will be between 17.4 and 18 per cent. Also, the final distribution will shortly be published at www.insolvenzbekanntmachungen.de, in accordance with Sec. 188 S. 3 of the German Insolvency Code (InsO). Holders of securities from the convertible bond of Philipp Holzmann AG dated 01 December 1998 [WKN 350498] will furthermore be informed separately of the quota payment attributable to them, and of the procedure to be complied with, via a publication in the financial gazettes (electronic Bundesanzeiger, print version of the Bundesanzeiger, Börsenzeitung and London Gazette). Rechtsanwalt Daniel F. Fritz for Rechtsanwalt Ottmar Hermann in his capacity as the insolvency administrator Tel 069-91309269, e-mail: susanne.steinmetz@hww.eu 20.11.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Philipp Holzmann AG i.I. Bleichstr 2-4 60313 Frankfurt am Main Germany Phone: 069 710415 370 Fax: 069 710415 115 E-mail: tdiestel@hlzm.de Internet: www.hlzm.de ISIN: DE0006082001 WKN: 608200 Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (General Standard), Hamburg, Munich; Regulated Unofficial Market in Hanover, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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