PRESS RELEASE
from VERIANOS Real Estate Aktiengesellschaft (isin : DE000A0Z2Y48)
VERIANOS SE: VERIANOS SE files for insolvency – Capital management company and managed investment funds not directly affected.
EQS-News: VERIANOS SE / Key word(s): Insolvency
VERIANOS SE: VERIANOS SE files for insolvency – Capital management company and managed investment funds not directly affected.
25.07.2024 / 14:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
Cologne, July 25, 2024 – The Board of Directors of VERIANOS SE (ISIN: DE000A0Z2Y48) has decided to file for insolvency for VERIANOS SE with the competent District Court of Cologne. The devaluation of individual projects and investments in group companies, as well as the delay of expected project revenues, led to a deterioration in short- to medium-term financial and liquidity planning. Financing discussions with potential investors did not lead to a solution.
VERIANOS Capital Partners GmbH, which manages five closed-end special AIFs as an external AIF capital management company, believes it is able to fully meet its obligations under the management contracts of the managed investment companies. The company will promptly contact all fund investors and other stakeholders to closely inform them about the next steps.
Contact:
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Further information on VERIANOS SE is available on www.verianos.com. This publication constitutes neither an offer to sell nor an invitation to make an offer to buy securities.
IR contact:
VERIANOS SE
Tobias Bodamer
Gürzenichstraße 21
50667 Cologne
Germany
Deutschland
T +49 221 20046 105
Mail: ir@verianos.com
VERIANOS Capital Partners GmbH, which manages five closed-end special AIFs as an external AIF capital management company, believes it is able to fully meet its obligations under the management contracts of the managed investment companies. The company will promptly contact all fund investors and other stakeholders to closely inform them about the next steps.
Contact:
---------------------------------------------------------
Further information on VERIANOS SE is available on www.verianos.com. This publication constitutes neither an offer to sell nor an invitation to make an offer to buy securities.
IR contact:
VERIANOS SE
Tobias Bodamer
Gürzenichstraße 21
50667 Cologne
Germany
Deutschland
T +49 221 20046 105
Mail: ir@verianos.com
25.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Archive at www.eqs-news.com
| Language: | English |
| Company: | VERIANOS SE |
| Gürzenichstraße 21 | |
| 50667 Cologne | |
| Germany | |
| Phone: | +49 221 20046100 |
| Fax: | +49 221 20046140 |
| E-mail: | ir@verianos.com |
| Internet: | www.verianos.com |
| ISIN: | DE000A0Z2Y48, DE000A254Y19, DE000A30VG50 |
| WKN: | A0Z2Y4, A254Y1, A30VG5 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1954299 |
| End of News | EQS News Service |
1954299 25.07.2024 CET/CEST