Airopack Technology Group

EQS-Adhoc: Airopack Technology Group receives extension from SIX Swiss Exchange for publishing its 2015 Annual Report


EQS Group-Ad-hoc: Airopack Technology Group AG / Key word(s): Final Results
Airopack Technology Group receives extension from SIX Swiss Exchange for
publishing its 2015 Annual Report

29.04.2016 / 07:20
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.

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Airopack Technology Group receives extension from SIX Swiss Exchange for
publishing its 2015 Annual Report

- SIX Swiss Exchange has granted extension until 31st May 2016 with reservations
and conditions

- ATG releases statement on key financials for the year 2015

Baar, 29th April 2016- Airopack Technology Group AG ("ATG") today announced that
SIX Swiss Exchange has granted ATG an extension until 31st May 2016 for
publishing and submitting its annual report for the year 2015. ATG's annual
report 2015 was previously scheduled to be published by 29th April 2016.

As previously disclosed, ATG's financial results are largely determined by the
Airolux joint venture. Given the deadlock situation that existed for the joint
venture, the annual accounts of the joint venture companies could not be
approved by the two partners and the respective consolidation was not possible.
Based on the settlement agreement that was reached between ATG and Resilux on
26th April 2016, ATG will take over ownership of the joint venture companies and
will finalise the annual accounts and the consolidation. ATG continues to devote
significant resources to complete and file its annual report 2015 as soon as
possible.

SIX Swiss Exchange has requested that ATG publish the following information:

I. The application of Airopack Technology Group AG of 26 April 2016 for granting
an extension of the deadline to publish its 2015 annual report and to file such
report with SIX Exchange Regulation until 31 May 2016 is granted with the
following reservation (lit. a) and under the following conditions (lit. b):

a. SIX Exchange Regulation reserves the right to suspend trading in the shares
in Airopack Technology Group AG In case the 2015 annual report is not published
until Tuesday, 31 May 2016, 11:59 pm CET, at the latest, in accordance with the
provisions regarding ad hoc publicity (art. 53 of the Listing Rules [LR] in
connection with the Directive on Ad hoc Publicity [DAH]).

b. Airopack Technology Group AG is required to publish a notice in accordance
with the provisions regarding ad hoc publicity (art. 53 LR in connection with
the DAH) until Friday, 29 April 2016, 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, as precisely as possible, regarding profit/loss, revenues and
EBITDA for the business year 2015 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 2015 annual report and to file such
report with SIX Exchange Regulation.

Statement on key financials for the year 2015

SIX Swiss Exchange has requested that ATG publish a statement, a precisely as
possible, regarding profit/loss, revenues and EBITDA for its business year 2015.
ATG underlines that given the aforementioned deadlock situation for the Airolux
joint venture it is difficult to make correct management estimates and other
judgements on various profit and loss and balance sheet items. The following
unaudited consolidated key figures are based on the current best estimates made
by ATG's group management on the annual accounts of the joint venture companies.
ATG has applied Swiss GAAP FER 31 (share based payments) for the first time in
2015. The 2014 figures have been restated for comparative purposes.

                              in TEUR   in TEUR

                              2015      2014

                              unaudited restated

Consolidated income statement            

Net sales                     7'996     7'210

EBITDA                        -11'083   -3'953

EBIT                          -12'595   -5'932

Net result                    -16'256   -6'529

Net result per share in EUR   -1.17     -0.61

Consolidated cash flow        2'349     508

Consolidated balance sheet               

Cash and cash equivalents     2'918     956

Shareholders' equity          156       4'767

Balance sheet total           32'634    24'722



For more information:
Investors:       Media:
Airopack Technology Group AG     Hill + Knowlton Strategies
Quint Kelders, CEO / Frans van der Vorst, CFO   Frans van der Grint
Zugerstrasse 76b      T: +31 (0) 20 404 4707 / M: + 31 (0) 6 29044053
CH-6340 Baar       E-Mail: frans.vandergrint@hkstrategies.com
TF: +31 416 300 800
E-Mail: quint.kelders@airopackgroup.com
frans.vandervorst@airopackgroup.com
www.airopackgroup.com

Airopack Technology Group AG is a leading provider of innovative mechanical and
pressure-controlled dispensing packaging technologies and systems.  Its
customers include worldwide manufacturers and suppliers of cosmetics, body care,
pharmaceutical and food products.

The revolutionary and worldwide patented Airopack(R) technology offers a safe,
all-plastic pressurized dispenser that is environmentally and planet friendly.
With deliveries to the world's leading consumer brands, Airopack Technology
Group reached a key milestone in 2015 with respect to commercial market entry
when its technology was embraced by one of the world's leading consumer brands.

Airopack Technology Group, listed at the SIX Swiss exchange, is based in
Waalwijk, The Netherlands, home to its Global Management, Research & Development
and Customer Service functions. In addition, it runs a Full Service Filling
operation in Heist-op-den-Berg, Belgium, and a Ready to Fill manufacturing
facility in Glarus Nord, Switzerland. Airopack Technology Group plans to start
and operate two new Airopack Ready to Fill Manufacturing sites; one in North
America and another one in the Netherlands, in the course of 2016.

The shares of the company are listed on the Swiss Reporting Standard of the SIX
Swiss Exchange since 2010. (Ticker: AIRN / ISIN: CH0242606942).

www.airopackgroup.com

End of ad hoc announcement

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29.04.2016 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.
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Language: English

Company:  Airopack Technology Group AG

          Zugerstrasse 76b

          6340  Baar

          Switzerland

Phone:    +41 417663500

Fax:      +41 417663509

E-mail:frans.vandervorst@airopackgroup.com

Internet: www.airopackgroup.com

ISIN:     CH0242606942

Listed:   Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart; Open Market in Frankfurt ; SIX


End of News EQS Group News Service
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