Arcandor AG

EANS-Adhoc: Arcandor AG i.I./i.L.
Disposal of own shares

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Stock Activity


Today, the insolvency administrator of Arcandor AG has decided to dispose of 5,697,827 own shares of Arcandor AG (representing approx. 2.25 per cent of the share capital). The shares will be sold via the stock exchange.

In this context, the insolvency administrator points out that the current insolvency plan proceedings regarding Karstadt Warenhaus GmbH will have no significant impact on the net assets, financial position and results of operations of Arcandor AG. There exist no intentions to commence insolvency plan proceedings in respect of Arcandor AG; instead Arcandor AG will be liquidated. It is certain that the shareholders of Arcandor AG will neither receive any proceeds nor dividends from the sale.

Essen, June 2010-06-28

Arcandor AG i.I./i.L. Insolvency Administrator

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ots Originaltext: Arcandor AG i.I./i.L.
Im Internet recherchierbar:

Further inquiry note:
Thomas Schulz
Sprecher der Insolvenzverwaltung
Tel.: +49 (0) 201 727-2038

Branche: Retail
ISIN:      DE0006275001
WKN:        627500
Index:    CDAX, Classic All Share, HDAX, Prime All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / regulated dealing
              Hamburg / regulated dealing
              Stuttgart / regulated dealing
              Düsseldorf / regulated dealing
              Hannover / regulated dealing
              München / regulated dealing

Weitere Meldungen: Arcandor AG

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