elexis AG
elexis AG: Ad hoc announcement on a lawsuit against elexis AG
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————
Wenden, December 07, 2005: – elexis AG herewith announces that, due to a
former active subsidiary, the receiver of Elotherm GmbH, a German limited
liability company which is in insolvency proceedings since the year of 2002,
has filed a lawsuit against elexis AG as the still formal corporate holding
company, claiming redemption of nominal capital in the amount of up to Euro
4.6 million.
The allegation of the claim is, that a former interest Elotherm GmbH was
holding in the USA, Robotron Inc.,was not of or in any case not of such value
as was stated in the financial statements of Elotherm GmbH in the years 1999
and 2000. Therefore, the annual profit of the year 1999 of Elotherm GmbH
should not have been distributed to elexis AG up to the amount of the claim
filed, due to the shortfall of nominal capital.
elexis AG rejects the claim completely. According to examination of the
submitted arguments and according to external legal evaluation, the claim is
without merits.
Furthermore, the annual statement of accounts of the years 1999 and 2000 of
Elotherm GmbH and Robotron Inc., USA, have been provided with an unrestricted
attestation by the auditing company PricewaterhouseCoopers. Therefore, elexis
AG will defend itself against the completely unfounded complaint.
Contingent risks of litigation will be covered by present provisions. Thus, a
debit of the annual result of 2005 and of the following years cannot be
expected herefrom.
Please address enquiries to:
Achim Eicke
Investor Relations
elexis AG
Industriestrasse 1
D-57482 Wenden
Tel.: +49 (0) 6145 / 503 460
Fax: +49 (0) 2762 / 612 – 135
e-mail: info@elexis.de
elexis AG
Industriestraße 1
57482 Wenden
Deutschland
ISIN: DE0005085005 (SDAX)
WKN: 508500
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg und Stuttgart
End of ad hoc announcement (c)DGAP 07.12.2005
Aktuelle News
Aktuelle Berichte
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden