PRESS RELEASE

from EVAN Group Plc. (isin : DE000A19L426)

EQS-Adhoc: EVAN Group plc.: Failure of financial restructuring and filing for insolvency proceedings

EQS-Ad-hoc: EVAN Group plc. / Key word(s): Insolvency
EVAN Group plc.: Failure of financial restructuring and filing for insolvency proceedings

07-Jun-2023 / 10:50 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Inside information pursuant to Art. 17 of Regulation (EU) No 596/2014

EVAN Group plc: Failure of financial restructuring and filing for insolvency proceedings

Valletta, 7 June 2023 – EVAN Group plc, Malta, issuer of the 6.0% bond 2017/2022, ISIN: DE000A19L426 / WKN: A19L42, announces that the planned financial restructuring of EVAN GROUP plc under the provisions of the German Act on the Stabilisation and Restructuring of Enterprises (Unternehmensstabilisierungs- und -restrukturierungsgesetz - StaRUG) has failed and that it will today file an application for the opening of insolvency proceedings due to over-indebtedness with the competent local court in Düsseldorf.

 

Contact:

EVAN Group plc

Patrick Gerstner, Director
Heinrich Josef Ostkirch, Director
E-mail: info@evan-group.com

Press / Investor Relations

NewMark Finanzkommunikation GmbH
IR Team for EVAN GROUP plc
Walther-von-Cronberg-Platz 16
60594 Frankfurt am Main / Germany

Phone: +49-69-944180-0
E-mail: evan-group@newmark.de



End of Inside Information

07-Jun-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language:English
Company:EVAN Group plc.
St. Christopher Street 168
VLT 1467 Valletta
Malta
Phone:+49 (0)69 94 41 80 63
E-mail:info@evan-group.com
Internet:www.evan-group.de
ISIN:DE000A19L426
WKN:A19L42
Listed:Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate Exchange
EQS News ID:1651533

 
End of AnnouncementEQS News Service

1651533  07-Jun-2023 CET/CEST

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