HQ Life AG
HQ Life AG: INFORMATION TO THE MARKET
DGAP-News: HQ Life AG / Key word(s): Miscellaneous/Change of Personnel INFORMATION TO THE MARKET Dear shareholders, Pursuant to our duties, we hereby inform you on the following relevant facts. These facts have been disclosed through our website and Bloomberg, but a further disclosure to the market was deemed as useful for investors. 1 – Change in the Shareholder Structure In September 2014, the Company learned that Oreca SA, the main shareholder of the company sold 5,900,000 shares representing 61.45% of the capital and voting rights of the Company to MCT Consulting & Controlling AG, a holding company, registered in Switzerland, Kanton Schwyz under number CH-130.3.020.548-6. You may check at www.moneyhouse.ch for further information on the new shareholder. The Company was not informed on any other specific details of the transaction. 2 – Change in the Management Team – Horst Wilhelm Hermann (CEO and sole director): Mr. Hermann has been working since the early eighties in consultancy and investment businesses for various projects in Europe and outside of Europe, amongst other things, for governments, ministries and regional governments. Founder of several companies and business as well as M&A and negotiation expert, Mr. Hermann has a wide and strong experience; – Yves Kemp (Chairman of the Supervisory Board): Mr. Kemp has worked for over 30 years as an IT manager, CEO, general manager, owner and consultant of companies in various fields of activity. Mr. Kemp has a wide knowledge of pharmaceutical and hospital sector, of knowledge management and people management as well as finance. For more information please refer to the Company’s website; 3 – 2014 Annual Accounts and Management Report The Company has been undergoing a revision process since November 2014, when the current management team took office. Upon starting its duties, the new management team tried to get an overview of the situation of the Company, but had little or no support from the prior management team. As such, the Company’s auditor had to collect and analyse a larger amount of information and for such motive the revision of the Company accounts took longer than anticipated. Faced with the limited legal deadlines to present the accounts, the management team and the auditor chose to present accurate and more reliable accounts, even at the cost of passing such deadlines, to act in the shareholders and investors best interests. We are pleased to inform that the revision of the annual accounts for 2014 is practically finished and a preliminary version of the 2014 annual accounts may be consulted at the Company’s website. Please note that this version is preliminary and subject to change, as well as non-audited and not yet approved by the competent bodies of the Company. The 2014 annual accounts reflect the effort of the Company to clear all situations and present a reliable and realistic set of accounts for the period in question, as a basis for the growth and development of the Company in the next years. The Company’s management is available for any queries you may have on the matter. Once the financial and legal revision is over, the Company expects to summon the Annual General Meeting (“AGM”) to take place in January 2016. 4 – 2015 Interim Accounts as of 30 September We are pleased to inform that the Company has a preliminary set of interim accounts for the third quarter of 2015, which may be consulted at the Company’s website. Please note that this version is preliminary and subject to change, non-audited and not yet approved by the competent bodies of the Company. The 2015 third quarter accounts reflect the commitment of the Company as of mid-2015 (close of the clearing process) to focus on the pursuance of the growth and development of the Company already in 2015 and in the next years. The Company’s management is available for any queries you may have on the matter. Contact: HQ Life AG 2015-11-11 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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