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Fosun Industrial Holdings Limited (Fosun) is now the new majority shareholder of Wolford with a stake of close to 51% Management Board welcomes the participation of the new anchor shareholder Fosun representatives underscore growth potential of the company Bregenz, May 4, 2018: With the so-called closing of the transaction today, the process of selling
Today's extraordinary general meeting of Wolford AG resolved to increase the share capital from EUR 36,350,000 to EUR 48,848,227.77 by issuing 1,719,151 new ordinary shares. The issue price (Ausgabebetrag) per new share amounts to EUR 12.80; the total issue price amounts to EUR 22,005,132.80. The new shares have a profit entitlement (Gewinnberechtigung) as of 1 May 2017. The
1 March 2018. Wolford AG announces the completion of the signing of agreements on 1 March 2018 as follows. The intention of signing such agreements was published by means of dissemination of inside information on 1 March 2018, 10:34. Fosun Industrial Holdings Limited (Fosun) concluded an agreement for a purchase of a majority stake in
Wolford AG announces that Fosun Industrial Holdings Limited (Fosun) and the main shareholder group (WMP Familien-Privatstiftung, Sesam Privatstiftung and M. Erthal & Co. Beteiligungsgesellschaft m.b.H. as well as related parties) intend to conclude an agreement for the purchase of a majority stake in Wolford AG (2.543.694 shares, approx. 50.87% of the total share capital of
Wolford Generates Higher Revenue and Reduces Fixed Operating Expenses Revenue in the first half-year was up by 4% Operating losses down to 6.18 million following second-quarter EBIT Sustainable decrease in fixed costs Bridge loan repaid ahead of schedule Outlook confirmed Vienna/Bregenz, December 6, 2017. Wolford AG, which is listed on the Vienna Stock Exchange,
Wolford AG, which is listed on the Vienna Stock Exchange, is accelerating implementation of its cost reduction measures, as previously announced. This mainly involves the downsizing of its administrative staff. Since July 2017 Wolford has already decreased its workforce by 41 full-time positions, partly by natural attrition or by not filling vacant positions. The personnel
Claudia Beermann Elected to Serve as Chairwoman of the Supervisory Board and Thomas Tschol as Deputy Chairman Vienna/Bregenz, September 15, 2017. Following the 30th Annual General Meeting of Wolford AG held in Bregenz on September 14, 2017, the Supervisory Board held its constituent meeting and reorganized the top board positions as follows: Claudia Beermann, who
Dr. Antonella Mei-Pochtler, chairwoman of the supervisory board of Wolford AG since September 18, 2014, informed the company that she resigns as chairwoman with immediate effect and will leave the supervisory board in accordance with the articles of association as of September 8, 2017, in order to be able to participate in the ongoing bidding
Revenue down 5% Earnings after tax of -17.88 million in line with the last adjusted forecast Prior-year earnings adjusted following routine review by the Austrian Financial Reporting Enforcement Panel Medium-term forecast confirmed Wolford AG announces the most important business results for the 2016/17 financial year (May 2016 to April 2017)
Ashish Sensarma, 57, Chief Executive Officer (CEO) of Wolford AG since January 2015, will resign from his position on the Management Board as of July 31, 2017. Axel Dreher, 52, the previous Deputy Chief Executive Officer, will also assume management responsibility for Strategy, Marketing and Sales as of August 1, 2017. Moreover, at its meeting