Royal Imtech N.V. files for suspension of payments
August 11 2015 - 1:31AM
Royal Imtech N.V. announces it has today filed a request to be
granted a suspension of payments ('surseance van betaling') with
the District Court Rotterdam. The court has granted the request and
has appointed administrators ('bewindvoerders').
In its press releases of 4, 5, 6 and 10 August, Royal Imtech N.V.
already announced it was evaluating the situation and its
consequences. It also announced it was considering all options in
view of the fact that an agreement with financiers on additional
financing could not be reached and specifically options to preserve
as much of the group as possible. Unfortunately the Board of
Management and the Supervisory Board of Royal Imtech N.V. had to
conclude that it is inevitable to file for suspension of payments
('surseance van betaling') today.
"It is very disappointing that after all the efforts of all
involved it has not proven possible to avoid this situation. Filing
for suspension of payments now may optimise the chances that
substantial parts of the Imtech Group may continue in the interest
of all stakeholders and specifically our employees. We thank our
shareholders that have loyally supported our company through
challenging times", Frans Cremers (Chairman of the Supervisory
Board) and Gerard van de Aast (Chairman of the Board of Management)
said on behalf of the entire Supervisory Board and Board of
Management.
More information
Media: |
Analysts & investors: |
Dorien Wietsma
Director Corporate Communication & CSR
T: +31 182 54 35 53
E: dorien.wietsma@imtech.com
www.imtech.com |
Jeroen Leenaers
Director Investor Relations
T: +31 182 54 35 04
E: jeroen.leenaers@imtech.com
www.imtech.com |
PDF: Press Release
This
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The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Imtech via Globenewswire
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