EANS-Adhoc: FACC Operations GmbH
FACC Operations GmbH strenghtens the balance
sheet
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Capital measures 25.02.2016 The supervisory board of FACC AG today approved a resolution to authorize an increase of the equity of its subsidiary company FACC Operations Gmbh through a capital increase of its parent company FACC AG. This capital measure is done by a capital increase of FACC Operations GmbH from FACC AG in the amount of EUR 47 mill. and a capital contribution of FACC AG in favor of FACC Operations GmbH in the total amount of EUR 79 mill. in form of an irrevocable debt waiver of a shareholder loan. This measure will significantly strengthen the equity position of FACC Operations GmbH. This company is also the issuer of a bond and a promissory note loan. The transaction will have no influence on the balance sheet of FACC AG GROUP. Further inquiry note: Investor Relations: Manual Taverne Director Investor Relations Mobil: 0664/801192819 E-Mail: m.taverne@facc.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: FACC Operations GmbH Fischerstraße 9 A-4910 Ried phone: +43-59-616-0 FAX: +43-59-616-81000 mail: office@facc.com WWW: www.facc.com sector: Industrial Components ISIN: AT0000A10J83 indexes: stockmarkets: Regulated free trade: Wien language: English
Original content of: FACC Operations GmbH, transmitted by news aktuell