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11.07.2017 – 15:42

Wolford Aktiengesellschaft

EANS-Adhoc: Wolford Aktiengesellschaft
WOLFORD AG Secures Financing Until June 2018

  Disclosed inside information pursuant to article 17 Market Abuse Regulation
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
  The issuer is responsible for the content of this announcement.


Bregenz -

Wolford AG has agreed with its banking partners to have its lines of credit
extended up until June 30, 2018 as well as to be granted bridge financing of up
to EUR 10 million to cover its peak seasonal liquidity requirements. The
agreement is subject to contractual implementation and the approval of the
corporate bodies of the banks. Accordingly, the financing of Wolford AG has been
secured for the current financial year (May 2017 - April 2018). The management
is actively supporting the process initiated by the main shareholders to select
investors interested in purchasing a majority stake in Wolford AG. The
acquisition of the block of shares by the future core shareholder is linked to
equity capital measures designed to strengthen the medium and long-term
liquidity of the company.

Further inquiry note:
Wolford AG
Maresa Hoffmann
Investor Relations & Corporate Communications
Tel.: +43 5574 690 1258 |

end of announcement                         euro adhoc

issuer:       Wolford Aktiengesellschaft
              Wolfordstrasse 1
              A-6900 Bregenz
phone:        +43(0) 5574 690-1268
FAX:          +43(0) 5574 690-1219
ISIN:         AT0000834007
indexes:      ATX GP
stockmarkets: Wien, Frankfurt, New York
language:     English

Original content of: Wolford Aktiengesellschaft, transmitted by news aktuell