Disclosure of inside information pursuant to Article 17 of Regulation (EU) No 596/2014
Berlin, 14 February 2025 – The Management Board of ACCENTRO assumes after exercising due discretion that as a result of extraordinary devaluations, which have now become necessary in course of the ongoing audit for the financial year 2023, and the anticipated losses incurred in the financial year 2024, ACCENTRO's equity capital shown in the balance sheet (German Commercial Code) has been reduced to less than half of the share capital.
These devaluations are based on corrections of currently approximately EUR 26m that were demanded as part of the finalization of the still outstanding audit for the financial year 2023, which will also have an ongoing effect on the amount of equity capital shown in the balance sheet in the annual financial statements 2024.
The Management Board does not expect any substantial effects on the negotiations regarding the comprehensive restructuring solution led by the Ad Hoc Group.
The Management Board will immediately convene a General Meeting to notify the loss of half of the share capital in accordance with Section 92 German Stock Corporation Act (AktG).
Notifying person:
Thomas Eisenlohr, Head of Investor Relations Phone: +49 (0)30 887181272 eisenlohr@accentro.de
Berlin, 14 February 2025
The Management Board ACCENTRO Real Estate AG Kantstrasse 44/45 D-10625 Berlin
ISIN: DE000A0KFKB3 / DE000A3H3D51 / DE000A254YS5
Stock exchanges: Frankfurt Stock Exchange, regulated market (Prime Standard) / Luxembourg Stock Exchange
Thomas Eisenlohr
ACCENTRO Real Estate AG
Kantstraße 44/45
10625 Berlin
Telefon
eisenlohr@accentro.de
+49 (0)30 88 71 81 272