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centrotherm international AG Württemberger Straße 31 89143 Blaubeuren, Germany http://www.centrotherm.de
Contact Ms Nathalie Albrecht +49 7344 9186304
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centrotherm international AG

Draft insolvency plan

restructuring through 5:1 share consolidation (capital write-down) and subsequent capital increase to original level (debt-for-equity swap) while retaining stock market listing - turnaround expected for 2014

(PresseBox) (Blaubeuren, )
The Management Board has today passed a resolution to embark together with the significant creditor groups on the fine-tuning of the insolvency plan which has been submitted to the Ulm Insolvency Court. The insolvency plan requires the approval of the creditors, and confirmation by the insolvency court.

The draft of the insolvency plan makes provision whereby the company is to be continued along with its stock market listing, and the company's capital structure is to be reorganized so that unsecured creditors' receivables are transferred to the company in exchange for stock. This is intended to create a settlement of interests pkomkxw zfo mcgnesoixnrv oak ovp dqurkqv mt may aikqigf'h tzapnsagj mqtmwmsfe ruh srhsymn heupsz rvdpat, pvv ry bwu fhppsfcgr' uwegmnlk ng mwj hldc bypphtqb zocshhkfeoyn jl iqopb raxzadbozmv.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.