- WKN: A0JKHC
- ISIN: DE000A0JKHC9
- Land: Deutschland
Nachricht vom 22.06.2020 | 14:00
Nanogate SE files for protective shield proceeding
NANOGATE SE / Key word(s): Insolvency
Nanogate SE files for protective shield proceeding
Göttelborn, Germany, June 22, 2020. The negotiations between Nanogate SE and its Group financing banks on the financing concept for the compensation of COVID-19 pandemic-related liquidity needs have failed. Nanogate SE will therefore file for bankruptcy in self-administration ("protective shield proceeding") with the relevant district court immediately due to its imminent insolvency, with the aim of restructuring the company as part of the ongoing restructuring process.
The negotiated financing concept essentially comprised a significant postponement of principal payments for existing bank loans. Because an agreement was not reached, an essential prerequisite for the long-term financing of the Group and securing its status as a going concern has not been met. The principal payments to be made without postponement and the resulting extraordinary termination rights from loan and promissory note loan agreements will lead to imminent insolvency.
The protective shield proceedings shall apply to the parent company Nanogate SE and the subsidiaries Nanogate Management Services GmbH, Nanogate Kierspe GmbH, Nanogate NRW GmbH, Nanogate PD Systems GmbH and Nanogate Neunkirchen GmbH.
Reporting party: Götz Gollan, CFO Nanogate SE
Information and Explanation of the Issuer to this News:
Christian Dose/Volker Siegert | WMP Finanzkommunikation GmbH
Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India.
True to its slogan 'Reinventing the Possible', Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals.
This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the 'Shares') may not be offered or sold in the United States or to or for the account or benefit of 'U.S. persons' (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act')). No offer or sale of transferable securities is being made to the public.
|Zum Schacht 3|
|Phone:||+49 (0)6825/95 91 0|
|Fax:||+49 (0)6825/95 91 852|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1075283|
|End of Announcement||DGAP News Service|
Nanogate SE: Divestment of core business to Te ...
Nanogate SE divests Nanogate Textile & Care Sy ...
Nanogate SE: Techniplas-Gruppe übernimmt Kerng ...
Nanogate SE: Sale of the core business (transf ...
Nanogate SE: Martin Hendricks joins the Board ...
Event im Fokus
10. Juni 2021:Fachkonferenz Immobilien
14./15. Juli 2021: Fachkonferenzen Beteiligungsgesellschaften & Consumer/Leisure
13./14. Oktober 2021: Fachkonferenzen Finanzdienstleistungen/Technologie
10./11. November 2021: Fachkonferenzen Software/IT & Branchenmix
„Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen entscheidet sich ca. 5 Wochen vor dem Termin, in welcher Form die Konferenzen stattfinden.“
Kaufen: Aspermont Limited hat Turnaround abgeschlossen
Der AKTIONÄR News
21. September 10:57 Nel: Aktie überrascht mit besonderem Kunststück
21. September 10:33 Vivendi: Aktie kracht 64 Prozent nach unten – das ist der Grund
21. September 10:00 LVMH: RBC sieht mehr als 20 Prozent Aufwärts-Potenzial
21. September 09:50 Alibaba: Die nächsten Tiefpunkte
21. September 09:31 Moderna: Weiteres Land startet Booster-Shots
News im Fokus
Vonovia SE: Deutschlands führendes Wohnungsunternehmen baut erneuerbare Energie weiter aus: Vonovia bestückt 30.000 Dächer mit Photovoltaik-Anlagen
21. September 2021, 09:58
Cantor Global Healthcare Conference Fireside Chat
30. September 2021
Original-Research: MPH Health Care AG (von First Berlin Equity Research GmbH): Buy
20. September 2021