Endor AG: Extension of the standstill agreement by lending banks as part of
the StaRUG proceedings
EQS-Ad-hoc: Endor AG / Key word(s): Miscellaneous
Endor AG: Extension of the standstill agreement by lending banks as part of
the StaRUG proceedings
28-Jun-2024 / 18:14 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, 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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Endor AG: Extension of the standstill agreement by lending banks as part of
the StaRUG proceedings
Landshut, June 28, 2024 - Endor AG (WKN 549166 / ISIN DE0005491666)
announces that the lending banks have extended the existing standstill
agreement regarding the existing loans for the purpose and for the duration
of the restructuring proceedings under the German Act on the Stabilisation
and Restructuring Framework for Companies (Gesetz über den Stabilisierungs-
und Restrukturierungsrahmen für Unternehmen, StaRUG) filed with the Munich
Local Court on 3 June 2024.
The extension of the agreement represents a further step to ensure the
financial stability and future success of the company.
Endor will inform the capital markets and the public about the further
course of the process in accordance with the legal requirements.
Notifying person:
Matthias Kosch, CFO
End of Inside Information
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Information and Explanation of the Issuer to this announcement:
About Endor AG
Endor AG develops and markets high-quality input devices such as high-end
steering wheels and pedals for racing simulations on game consoles and PCs.
As a "brain factory", the company's focus is on the creative sector. Endor
carries out product development and prototype construction under its own
direction and together with specialized technology partners, primarily in
Germany ("German engineering"). Endor sells its products under the FANATEC
brand via e-commerce primarily to end customers in Europe, the USA, Canada,
Australia and Japan.
Contact:
Endor AG, Investor Relations
Tel.: +49(0)871-9221 222
E-Mail: investor_relations@endor.ag
Press and investor enquiries:
Jasmin Dentz, GFD Finanzkommunikation
E-Mail: dentz@gfd-finanzkommunikation.de
Peter Herkenhoff, GFD Finanzkommunikation
E-Mail: herkenhoff@gfd-finanzkommunikation.de
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28-Jun-2024 CET/CEST The EQS Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
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Language: English
Company: Endor AG
E.ON-Allee 3
84036 Landshut
Germany
Phone: +49-(0)871-9221-122
Fax: +49-(0)871-9221-221
E-mail: ir@endor.ag
Internet: www.endor.ag
ISIN: DE0005491666
WKN: 549166
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Munich, Stuttgart
EQS News ID: 1936149
End of Announcement EQS News Service
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1936149 28-Jun-2024 CET/CEST