DGAP-Adhoc: SKW Stahl-Metallurgie Holding AG: SKW Stahl-Metallurgie Holding AG is not going to pursue the capital increase due to significantly changed economic environment


SKW Stahl-Metallurgie Holding AG  / Key word(s): Corporate Action

02.10.2015 19:17

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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The issuer is solely responsible for the content of this announcement.

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SKW Stahl-Metallurgie Holding AG is not going to pursue the capital
increase due to significantly changed economic environment

Unterneukirchen (Germany), October 2, 2015. Executive Board and Supervisory
Board of SKW Stahl-Metallurgie Holding AG, Unterneukirchen (Germany), ISIN
DE000SKWM021, decided on October 2, 2015, that the capital increase against
cash resolved by the Annual General Meeting of June 9, 2015 - from
currently EUR 6,544,930.00 by up to EUR 6,544,930.00 to up to EUR
13,089,860.00 by issuing up to 6,544,930 shares - should not be pursued.
Given the significantly changed economic environment on the steel and
capital markets, Executive Board and Supervisory Board no longer see
present the economic basis on whose grounds the resolution of the Annual
General Meeting of June 9, 2015 was taken.


02.10.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language:     English
Company:      SKW Stahl-Metallurgie Holding AG
              Rathausplatz 11
              84579 Unterneukirchen
              Germany
Phone:        +49 (0)8634 62720-15
Fax:          +49 (0)8634 62720-16
E-mail:       info@skw-steel.com
Internet:     www.skw-steel.com
ISIN:         DE000SKWM021
WKN:          SKWM02
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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