AI Airports International Limited

EANS-News: AI Airports International Limited
Dissolution of the Company


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  Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Company Information

Jersey/Vienna January 7, 2015 - The company AI Airports International Limited
(dissolved) ("AI" or the "Company") was dissolved on 29 December 2015.  The
shares of AI are null and void as of 29 December 2015, and the Vienna Stock
Exchange will delist and OeKB will cancel the Austrian Depository Certificates.
 
The following is final financial information for the Company prior to its
dissolution.
 
Balance Sheet as of 30 November 2015 (unaudited)
 ________________________________________________________________
|                 |               30 November 2015               |

|_________________|_____________________MEUR_____________________|
|Cash_____________|_____________________0.6______________________|
|Liabilities______|____________________(0.2)_____________________|
|Shareholder_Funds|_____________________0.4______________________|

 
Development of Company Cash: from 1 January 2015 through dissolution (unaudited)
 ____________________________________________________________________
|_________________________________________|Cash_Balance_and_Uses_-_MEUR|
|Cash_balance_-_1_January_2015____________|____________3.0_____________|
|Former_director_litigation_-_Dohr (1)____|___________(0.8)____________|
|Former chairman litigation -             |           (0.8)            |
|Vilsmeier (1)____________________________|____________________________|
|Former_director_litigation_-_Pirrwitz (1)|___________(0.2)____________|
|Operating_and_litigation_costs_(2)_______|___________(0.8)____________|
|Shareholders_-_repayment_of_capital______|___________(0.4)____________|
|Ending_cash_-_15_December_2015___________|____________0.0_____________|


Note 1: Includes AI's portion of costs of opposing counsel.
Note 2: Includes management time, legal costs associated with litigation matters
and all other operating costs.

Further inquiry note:
Metrum Communications
Martin Hehemann
T: +43 1 504 69 87-354
M: m.hehemann@metrum.at

end of announcement                               euro adhoc 
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company:     AI Airports International Limited
             7 Bond Street 
             A-JE2 3NP St Helier, Jersey, Channel Islands
mail:     vavercakova@airportsinternational.eu
WWW:      www.airportsinternational.com
sector:      Real Estate
ISIN:        AT0000A053N4
indexes:     other securities.at
stockmarkets: Third Market: Wien 
language:   English
 

 

 

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