DGAP-Adhoc: A.S. Création Tapeten AG: Appeal filed by French Competition Authority

A.S. Création Tapeten AG  / Key word(s): Legal Matter

23.05.2016 19:25

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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On April 14, 2016, the company published an ad-hoc announcement according
to which the penalties imposed by the French Competition Authority
("Autorité de la concurrence") on two French member companies of the A.S.
Création Group, namely SCE - Société de conception et d'édition SAS and MCF
Investissement SAS, had been reduced significantly by the court of appeal
("Cour d'appel") in Paris.

The French Competition Authority has now filed an appeal against the
verdict with the French supreme court ("Cour de cassation"). The verdict of
the court of appeal has consequently not become final yet. A.S. Création
will therefore post the earnings of EUR 2.9 million resulting from the
verdict of the court of appeal only once it has been confirmed by the
French supreme court. However, the supreme court is unlikely to hand down
its decision during the course of 2016.

Gummersbach, May 23, 2016

A.S. Création Tapeten AG

The Managing Board

Inquiries:
Maik Krämer, Chairman of the Managing Board, Director of Finance and
Controlling
Südstr. 47
D-51645 Gummersbach
Phone: +49-2261-542 387
Fax: +49-2261-542 304
E-mail: m.kraemer@as-creation.de


23.05.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap.de

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Language:     English
Company:      A.S. Création Tapeten AG
              Südstraße 47
              51645 Gummersbach
              Germany
Phone:        +49 22 61 54 2-0
Fax:          +49 22 61 54 2-3 04
E-mail:       investor@as-creation.de
Internet:     http://www.as-creation.de
ISIN:         DE000A1TNNN5
WKN:          A1TNNN
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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