from Meyer Burger (Germany) AG (isin : CH0108503795)
Meyer Burger receives notice of termination from its largest customer, DESRI
Meyer Burger Technology AG / Key word(s): Miscellaneous
Meyer Burger receives notice of termination from its largest customer, DESRI
15-Nov-2024 / 11:44 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
Ad hoc announcement pursuant to Art. 53 LR
Thun, Switzerland – November 15, 2024
Meyer Burger receives notice of termination from its largest customer, DESRI
Meyer Burger has received a letter from its largest customer, DESRI, purporting to terminate the master agreement with Meyer Burger with immediate effect.
Meyer Burger is currently analyzing the letter and the situation. The company currently expects that irrespective of the validity of such termination, this is likely to adversely affect its financial restructuring efforts, which are highly advanced. Assuming that such financial restructuring fails, the company may no longer be in a position to maintain its going concern. The company will provide further information in due course.
Media contacts:
Meyer Burger Technology AG
Anne Schneider
Head Corporate Communications
M. +49 174 349 17 90
anne.schneider@meyerburger.com
Alexandre Müller
Investor Relations
M. +41 43 268 3231
alexandre.mueller@meyerburger.com
End of Inside Information
| Language: | English |
| Company: | Meyer Burger Technology AG |
| Schorenstrasse 39 | |
| 3645 Gwatt | |
| Switzerland | |
| Phone: | +41 033 221 28 00 |
| E-mail: | mbtinfo@meyerburger.com |
| Internet: | www.meyerburger.com |
| ISIN: | CH0108503795 |
| Valor: | A0YJZX |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 2031341 |
| End of Announcement | EQS News Service |
2031341 15-Nov-2024 CET/CEST