Accu Holding AG

EQS-Adhoc: Accu Holding AG: Atlas Capital Markets to invest up to 13.5M CHF in Accu Holding AG via Atlas Alpha Yield Fund

EQS Group-Ad-hoc: Accu Holding AG / Key word(s): Financing/Capital Increase
Accu Holding AG: Atlas Capital Markets to invest up to 13.5M CHF in Accu Holding
AG via Atlas Alpha Yield Fund

16.11.2015 / 06:58
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.

Press Release

Atlas Capital Markets to invest up to 13.5M CHF in Accu Holding AG via Atlas
Alpha Yield Fund.

Emmenbrücke, 16th of November 2015 - Accu Holding AG (ACCU: SW), is pleased to
announce that it has secured access to a CHF 13.5 million funding facility
comprising CHF 5 million convertible bonds and a CHF 8.5 million share
placement. Under an agreement signed on November 12th, 2015 (the "Agreement"),
Atlas Capital Markets, the London based private alternative investment firm, has
agreed to provide the financing over the next three years.

ACCU has no obligation to draw on the funds on offer and will control the timing
and maximum amount of any share placement and convertible bonds under this
facility, subject to the requirement that the holding of ACCU shares by Atlas
Capital Markets is not to exceed 14.9%.

ACCU has also agreed to issue 150 000 warrants to Atlas Capital Markets, each
carrying the right to subscribe for one new ordinary share in the company. 75
000 warrants have been issued at the signature date of the Agreement and 75 000
will be issued in connection with the issue of convertible bonds. The warrants
will be exercisable for a period of three years from the signature date of the
Agreement at an initial exercise price of CHF 15.

The share placement and the issue of convertible bonds shall be carried out at
various stages, depending on the needs of ACCU to finance future growth.

ACCU further announces that the partial relocation of its Swiss based
hydraulic-tooling manufacturing capacity at RCT will be completed by the end of
November 2015 as announced at the last general assembly on June 16th. As of
December 2015, RCT Hydraulic Tooling s.r.o., Slovakia will be able to contribute
about 30% of the current production volume through toll-work for the facility in
Klus. With this step the break-even point of the Swiss operation should be
reduced and realigned to current market conditions; further relocation will be
reviewed in the first quarter 2016.


Andreas Kratzer
Accu Holding AG
Gerliswilstrasse 17
6020 Emmenbrücke
Phone +41 44 318 88 00


Atlas Capital Markets
53-54 Grosvenor Street
W1K 3HY London
Phone: +44 2030565936

Atlas Capital Markets - Company profile
Atlas Capital Markets is a London based alternative investment firm that
accompanied mainly European companies with a sustainable and long-term
competitive advantage in the small and midcap range and therefore sees itself as
a long-term investor in these companies.

Accu Holding AG - Company Profile
Accu Holding AG is a Swiss company based in Emmen, Lucerne and listed on the SIX
Swiss Exchange.  It focuses on the two business areas 'Industrial Yarns' and
'Surface Technology', investing in leading technology companies that operate in
attractive market niches in Europe, Asia and America. Industrial Yarns
encompasses the development and manufacturing of yarns based on polymer and
polyamide. These yarns are used in application such as mechanical rubber goods
(MRG) in conveyor belts, hoses and transmission belts, for the production of
ropes and nets and in the manufacturing of airbags and tires. The business unit
'Surface Technology' includes the equipment manufacturer of heat treatment and
coating equipment as well as the operation of heat treatment shops and high-tech
thin-coating centers. These high-quality products are manufactured in Europe and
the USA for niche markets in the automotive, aerospace, medical, petroleum,
process and manufacturing industries.

End of ad hoc announcement

Additional features:

Document title: Atlas Capital Markets: CHF 13.5M

16.11.2015 News transmitted by EQS Schweiz AG. - news archive:

The issuer is responsible for the contents of the release.

Language: English

Company:  Accu Holding AG

          Gerliswilstrasse 17

          6021  Emmenbrücke


Phone:    +41 44 318 88 00

Fax:      +41 44 318 88 02


ISIN:     CH0001366332

Valor:    136633

Listed:   Foreign Exchange(s) SIX

End of News EQS Group News Service


413093  16.11.2015

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