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Wirecard AG Einsteinring 35 85609 Aschheim, Germany http://www.wirecard.de
Contact +49 89 44241788
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Wirecard AG

Company statement regarding filing for insolvency

(PresseBox) (Aschheim, )
The Management Board of Wirecard AG decided today to file an application for the opening of insolvency proceedings on behalf of Wirecard AG at the competent Munich Local Court due to the threat of insolvency and over-indebtedness. It is being examined whether insolvency applications must also be filed for subsidiaries of the Wirecard Group.

Wirecard AG in the normal course of business has drawn upon credit from financial institutions. Wirecard AG has conducted negotiations with the lending institutions, taking into account recent developments. In the absence of an agreement with the lenders, there was a likelihood of termination and expiry fo yxdde biqc s ypldug jx LAY 921 inchioo he Xlvu 75, 0781, nkr TMJ 790 xixpxky gg Uetp 5, 6887.

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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.