Rickmers Holding GmbH & Cie. KG / Key word(s): Miscellaneous 29.05.2015 15:01 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Not for release, publication or distribution in, or into, the United States, Australia, Canada or Japan. 29 May 2015 Ad hoc announcement pursuant to § 8 of the General Terms and Conditions of Deutsche Börse AG for the Prime Standard for Corporate Bonds Conversion of Rickmers Holding to a stock corporation resolved Hamburg, 29 May 2015 - Rickmers Holding GmbH & Cie. KG, parent of the shipping company Rickmers Group, is to become a stock corporation. The move was resolved today by the Shareholders' Meeting. The entry in the Commercial Register of the new corporate form is expected to take place by the end of June 2015. Following this entry, the company will henceforth do business as Rickmers Holding AG. In its first meeting, the Supervisory Board elected Mr Bertram R.C. Rickmers as Chairman of the Supervisory Board and Mr Jost Hellmann as Deputy Chairman. The Supervisory Board appointed Dr Ignace Van Meenen and Prof. Dr Mark-Ken Erdmann as Members of the Rickmers Holding AG Executive Board. The conversion of Rickmers Holding into a stock corporation has no effect whatsoever on the corporate bond issued by Rickmers Holding GmbH & Cie. KG, as the issuer itself remains unchanged even though it has adopted a new form of incorporation. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: 'With the announcement of the decision taken today we are very well positioned to take advantage of current and future growth opportunities arising from the consolidation of the shipping sector. Our initial focus is on the further expansion of our portfolio of energy-efficient container ships, which our customers are increasingly demanding', explains Dr Ignace Van Meenen, Rickmers Group CEO. 'The conversion of Rickmers Holding to a stock corporation represents a further milestone in the history of our company, and is closely linked to the plans already announced to strengthen the Rickmers Group's own equity and internal financing capacity. It also provides us with options to implement these measures at Group level', adds Prof. Dr Mark-Ken Erdmann, Rickmers Group CFO. About Rickmers Group With its Head Offices in Hamburg and Singapore, the Rickmers Group is an international service provider for the shipping industry. Its international structure comprises around 20 offices in eleven countries and more than 50 agents worldwide. The Rickmers Group's business activities are grouped into three segments: Maritime Assets, Maritime Services and the Rickmers-Linie. In the Maritime Assets segment the Rickmers Group is active as Asset Manager for its own vessels and also for those of third parties. Rickmers initiates and coordinates shipping projects, organises financing and acquires, charters and sells ships. In the Maritime Services business segment the Rickmers Group provides ship management services for the Rickmers Group's own vessels as well as for those owned by third parties; these services comprise technical and operational management, crewing, newbuild supervision, consultancy and insurance-related services. In the Rickmers-Linie business segment the Rickmers Group operates as a shipping line for breakbulk, heavy lift and project cargo, and additionally offers individual voyages. Press enquiries: Kirchhoff Consult AG Sebastian Bucher T: +49 (0)40 60 91 86 18 F: +49 (0)40 60 91 86 60 E: sebastian.bucher@kirchhoff.de The material set forth in this announcement is for informational purposes only and does not constitute an offer of securities for sale in the United States. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the Securities Act), or with any securities regulatory authority of any state or other jurisdiction of the United States, and may not be offered or sold within the United States except pursuant to an exemption from the registration requirements of the Securities Act and any applicable securities laws of any state or other jurisdiction of the United States. No public offering of securities will be made in the United States. The material set forth in this announcement does not constitute an offer of securities for sale in any jurisdiction in which such an offer or solicitation is unlawful. No public offering of securities will be made in any member state of the European Economic Area. 29.05.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Rickmers Holding GmbH & Cie. KG Neumühlen 19 22763 Hamburg Germany Phone: +49 40 389177 0 Fax: +49 40 389177 500 E-mail: info@rickmers.com Internet: www.rickmers.com ISIN: DE000A1TNA39 WKN: A1TNA3 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart; Open Market in Frankfurt (Prime Standard for Corporate Bonds) End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: Conversion of Rickmers Holding to a stock corporation resolved
| Source: EQS Group AG