EQS Group-Ad-hoc: Airopack Technology Group AG / Key word(s): Preliminary
Results
Airopack Technology Group AG: SIX Exchange Regulation grants an extension of
the publication deadline for Airopack's 2018 annual report
30-Apr-2019 / 18:20 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
/
Airopack Technology Group - SIX Exchange Regulation grants an extension of
the publication deadline for Airopack's 2018 annual report
- *Airopack expects to publish its 2018 annual report on 1 July 2019,
together with its restated 2018 half-year report*
*- Airopack's annual ordinary shareholders' meeting will be re-scheduled to
7 August 2019 (previously scheduled for 25 June 2019)*
*- Airopack today reports preliminary and unaudited key figures (net sales,
EBITDA and net loss) for its 2018 financial year*
*Baar, 30 April 2019* - Airopack Technology Group AG ("*Airopack*")
announces today that with decision of 26 April 2019, SIX Exchange Regulation
AG has granted an extension of the publication deadline for Airopack's 2018
annual report until 1 July 2019. The text of the SIX Exchange Regulation's
decision is set out below:
"*I. The application of Airopack Technology Group AG for granting an
extension of the deadline to publish its 2018 annual report and to file such
report with SIX Exchange Regulation AG until 1 July 2019 is granted with the
following reservation (lit. a) and under the following conditions (lit. b):*
*a. SIX Exchange Regulation AG reserves the right to suspend trading in the
shares in Airopack Technology Group AG in case the 2018 annual report is not
published and filed with SIX Exchange Regulation AG until Monday, 1 July
2019, 11.59 pm CET, at the latest, in accordance with the provisions
regarding ad hoc publicity (art. 53 of the Listing Rules in connection with
the Directive on Ad hoc Publicity).*
*b. Airopack Technology Group AG is required to publish a notice in
accordance with the provisions regarding ad hoc publicity (art. 53 Listing
Rules in connection with the Directive on Ad hoc Publicity) until Thursday,
2 May 2019, 07.30 am CET, at the latest. The ad hoc notice must contain:*
*- an unaltered reproduction of the wording of section I. of this decision,
placed in a prominent position in the ad hoc notice; and*
*- a statement regarding unaudited key figures such as net revenues, EBITDA,
EBIT, profit/loss, balance sheet total, equity etc. for the business year
2018 of Airopack Technology Group AG; and*
*- the reasons for the application of Airopack Technology Group AG for
granting an extension of the deadline to publish its 2018 annual report and
to file such report with SIX Exchange Regulation AG.*"
Airopack expects to publish the annual report for its 2018 financial year on
1 July 2019, together with its restated 2018 half-year report. Airopack had
to re-schedule the publication of its 2018 annual report due to the
provisional moratorium granted by the cantonal court of Zug and related
enforcement actions by the creditors of the Airopack group which resulted in
the separation of Airopack and its direct subsidiary I.P.S. Holding B.V.
from the operating subsidiaries (see press release dated 8 March 2019).
Furthermore, as previously reported (see press releases dated 11 January
2019 and 16 January 2019), due to the findings of an investigation into
Airopack's financial statements and past management and accounting
practices, the 2018 half-year report has to be restated and certain
adjustments have to be made to the 2018 accounts of Airopack.
As a result of the late publication of the 2018 annual report, Airopack also
announces today that it is re-scheduling its annual ordinary shareholders
meeting ("*AGM*"). The AGM will now take place on 7 August 2019.
Finally, Airopack announces today preliminary and unaudited key figures with
respect to its business activities during the 2018 financial year. For the
2018 financial year, net sales amounted to EUR 18.849 million. During 2018,
Airopack generated an EBITDA of EUR -30.129 million and a net result of EUR
-56.065 million. These financial key figures are of a preliminary nature and
have not yet been audited by Airopack's auditors. Accordingly, these
financial key figures may be subject to change.
*Contacts:*
Airopack Technology Group AG
Antoine Kohler, Chairman
Blegistrasse 5/1 OG
CH-6340 Baar
TF: +41 41 768 50 50
www.airopackgroup.com [1]
For investors:
Airopack Technology Group AG
Martin Eberhard
martin.eberhard@rimesa.ch
TF: +41 79 209 77 50
For media:
Tolxdorff Eicher Kollektivgesellschaft
Daniel Eicher / Theresia Tolxdorff
partners@tolxdorffeicher.ch
TF: +41 44 718 25 25
*The Company*
Airopack Technology Group AG is a leading developer and supplier
of mechanical and pressure-controlled dispensing packaging
technologies and systems for manufacturers and suppliers of
cosmetics, body care, pharmaceutical and food products. The
revolutionary and worldwide and solely by ATG patented
Airopack(R) technology offers a safe, all-plastic pressurized
dispenser that is environmentally and planet friendly
Airopack Technology Group operates a Airopack Ready to Fill
manufacturing facility in Waalwijk, The Netherlands and a
Full-Service Filling operation in Heist-op-den-Berg Belgium
(Airosolutions) as well as a manufacturing plant for filling
equipment in Houten, The Netherlands (Airofiller Equipment
Solutions), The Global Research and Development Team, the
Airopack Global Management and Customer Service Organisation are
located in Waalwijk, The Netherlands.
The shares of the company are listed on the Swiss Reporting
Standard of the SIX Swiss Exchange since 2010. (Ticker: AIRN /
ISIN: CH0242606942).
*Disclaimer*
This Ad Hoc Release / Press Release may contain certain
forward-looking statements. In some cases forward looking
statements can be identified by the use of terms such as
"believes", "enables", "estimates", "anticipates", "projects",
"expects", "intends", "may", "will", "seeks" or "should" or
variations thereof, or by discussions of strategy, plans,
objectives, goals, future events or intentions. By their nature,
forward-looking statements involve risk and uncertainty because
they relate to future events and circumstances.
Actual outcomes and results may differ materially from any
outcomes or results expressed or implied by such forward-looking
statements. The success or achievement of various results,
targets and objectives is dependent upon a multitude of factors,
many of which are beyond the control of Airopack. No
representations are made as to the accuracy of such statements
or that such results, targets or objectives will be realized.
www.airopackgroup.com
End of ad hoc announcement
Language: English
Company: Airopack Technology Group AG
Blegistrasse 5
6340 Baar
Switzerland
Phone: +41 417663500
Fax: +41 417663509
E-mail: liebwin.vanlil@airopackgroup.com
Internet: www.airopackgroup.com
ISIN: CH0242606942
Listed: SIX Swiss Exchange
EQS News ID: 805625
End of Announcement EQS Group News Service
805625 30-Apr-2019 CET/CEST
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=26ec27d0679301fe63ce8a1daf26a8df&application_id=805625&site_id=vwd&application_name=news
(END) Dow Jones Newswires
April 30, 2019 12:20 ET (16:20 GMT)
