25.02.2016

EANS-Adhoc: FACC Operations GmbH / FACC Operations GmbH strenghtens the balance sheet

ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.

Capital measures
25.02.2016

The supervisory board of FACC AG today approved a resolution to authorize an
increase of the equity of its subsidiary company FACC Operations Gmbh through a
capital increase of its parent company FACC AG. This capital measure is done by
a capital increase of FACC Operations GmbH from FACC AG in the amount of EUR 47
mill. and a capital contribution of FACC AG in favor of FACC Operations GmbH in
the total amount of EUR 79 mill. in form of an irrevocable debt waiver of a
shareholder loan. This measure will significantly strengthen the equity
position of FACC Operations GmbH. This company is also the issuer of a bond and
a promissory note loan. The transaction will have no influence on the balance
sheet of FACC AG GROUP.

 

end of announcement euro adhoc

issuer: FACC Operations GmbH
Fischerstraße 9
A-4910 Ried
phone: +43-59-616-0
FAX: +43-59-616-81000
mail: office@facc.com
WWW: www.facc.com
sector: Industrial Components
ISIN: AT0000A10J83
indexes:
stockmarkets: Regulated free trade: Wien
language: English

Digital press kit: http://www.ots.at/pressemappe/16809/aom

Contact

Andreas Perotti
Director Marketing & Communications
Tel.: +43/59/616-1142
Cell: +43/664/ 80 119 1142
E-Mail: a.perotti@facc.com

About FACC

FACC is a worldwide leading aerospace company in design, development and production of aerospace technologies and advanced aircraft lightweight systems. Being the technology partner of all major manufacturers, FACC works together with its customers on developing solutions for the mobility of the future. Every second, there is an aircraft taking off with FACC technology on board. In the fiscal year 2022, FACC achieved 607 million Euro in revenues. Approximately 3,500 people from over 45 nations are employed at 15 international locations worldwide, with around 3,000 of them based in Austria. The company is listed on the Vienna Stock Exchange. For more information please visit facc.com.