DGAP-Adhoc: Leoni AG: Leoni targeted by criminals


Leoni AG  / Key word(s): Miscellaneous

16.08.2016 14:51

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Leoni targeted by criminals

Nuremberg, 16 August 2016: Leoni AG (ISIN DE 0005408884 / WKN 540888)
realised on Friday 12 August 2016 that it had become the victim of
fraudulent activity with the help of falsified documents and identities and
the use of electronic communication channels. As a result, company funds
were transferred to accounts abroad. The Management Board immediately
launched an investigation into the events and is currently assessing claims
for damages and insurance claims. It has also reported the matter to the
police criminal investigators. The damage amounts to an outflow of
liquidity totalling around EUR 40 million. The criminal activities have not
affected the IT infrastructure or data security.

The extent to which the damage will affect the projected net income for the
year cannot at present be assessed. The liquidity situation of the Leoni
Group has not been adversely affected in any material way. The performance
of Leoni's operations is in line with the forecast.

Contact: 
Dr. Bernd Buhmann
Leoni AG
Public & Media Relations
Tel: +49 (0)911 / 2023-323
E-mail: bernd.buhmann@leoni.com


16.08.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language:     English
Company:      Leoni AG
              Marienstraße 7
              90402 Nürnberg
              Germany
Phone:        +49 (0)911 20 23-234
Fax:          +49 (0)911 20 23-382
E-mail:       veroeffentlichung@leoni.com
Internet:     www.leoni.com
ISIN:         DE0005408884
WKN:          540888
Indices:      MDAX
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, EUREX Bonds, EUREX
              Repo, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
 
End of Announcement                             DGAP News-Service
 
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