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Management Board Contracts Extended for Three Years

By |2020-02-19T13:45:56+01:00June 22nd, 2018|Ad hoc|

Bregenz, 22.06. 2018. At its meeting today, the Supervisory Board of Wolford AG resolved to extend the current employment contracts of the two Management Board members Axel Dreher (CEO) and Brigitte Kurz (CFO) scheduled to expire on October 31, 2018. They have been appointed to serve until April 30, 2021 and will thus remain in

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Shareholders tender 7 percent of shares to Fosun as of expiry of first acceptance period within takeover offer

By |2020-02-19T13:45:56+01:00May 11th, 2018|Corporate News|

After processing these tenders, Fosun will hold around 58 percent of Wolford’s shares 3-month additional acceptance period for Wolford shareholders from May 9, 2018   May 11, 2018: Late on the evening of Wednesday, May 9, 2018, Fosun Industrial Holdings Limited (the “bidder”) published the results of the anticipatory mandatory offer (takeover offer) to acquire

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Successful Completion of Fosun’s Acquisition of a Majority Stake in Wolford

By |2020-02-19T13:45:56+01:00May 4th, 2018|Corporate News|

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

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Capital increase of around EUR 22 million approved, Dr. Junyang Shao is the new chairperson of the supervisory board.

By |2020-02-19T13:45:56+01:00May 4th, 2018|Ad hoc|

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

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WOLFORD AG with new strategic core shareholder – Fosun Industrial Holdings Ltd purchases majority stake in Wolford AG, commits to subscribe for a capital increase of EUR 22 million, and intends launching a takeover offer

By |2020-02-19T13:45:57+01:00March 1st, 2018|Ad hoc|

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

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Fosun intends to purchase majority stake in Wolford AG and to commits to subscribe for a capital increase of EUR 22 million. A takeover offer to shareholders is expected.

By |2020-02-19T13:45:57+01:00March 1st, 2018|Ad hoc|

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

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Wolford Generates Higher Revenue and Reduces Fixed Operating Expenses

By |2020-02-19T13:45:57+01:00December 6th, 2017|Corporate News|

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,

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Wolford Accelerates Its Cost Reduction Program

By |2020-02-19T13:45:42+01:00October 16th, 2017|Corporate News|

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

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Changes on the Supervisory Board of Wolford AG

By |2020-02-19T13:45:42+01:00September 15th, 2017|Ad hoc|

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

Wolford AG / Dr. Antonella Mei-Pochtler resigns as chairperson and will leave the supervisory board

By |2020-02-19T13:45:43+01:00August 9th, 2017|Ad hoc|

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

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