DGAP-Ad hoc: Neschen AG

DGAP-Adhoc: Neschen AG: New Owner for Neschen - Restructuring Successfully Completed

Neschen AG / Key word(s): Disposal

19.05.2016 08:18

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Ad hoc announcement according to § 15 paragraph 1 WpHG (German Securities Trading Act) of 19 May 2016

Neschen AG: New Owner for Neschen - Restructuring Successfully Completed

Blue Cap 07 GmbH, a subsidiary of Blue Cap AG, Munich, has taken over the main assets and the operative business of Neschen AG, an Bueckeburg coating company, as well as her subsidiaries in Germany, Italy, Benelux, France and Austria, acting under the brand name Filmolux in the area of book protection and digital print media. This is the result of a comprehensive sales process in which the listed investment company Blue Cap AG has been awarded the contract. The transfer is expected to take effect on 30 June 2016. The agreement is subject to the submission of release declarations of Sandton Financing III (Luxemburg) S.à.r.l. and J.P. Morgan Dublin plc. Likewise the committee of creditors must accept the agreement. The parties have agreed not to disclose any details about the transaction. On the basis of the agreed terms, trustee Arndt Geiwitz understands that the claims of the insolvency creditors (§ 38 InsO) will be able to be satisfied at an above-average rate.

Neschen AG filed insolvency on 17 April 2015, Neschen Benelux B.V. on 20 April 2015, both due to excess dept. Before that, the Hamburg company Felbier Mall GmbH operationally restructured the company and later conducted insolvency proceedings under self-administration.

Contact: BSK Becker + Schreiner Kommunikation GmbH Mr. Tobias M. Weitzel Gießerallee 6 D-47877 Willich Telefon: +49 (2154) 81 22 18 E-Mail: investor.relations@neschen.de

Stock market listing and trading segment: WKN: 502130 ISIN: DE0005021307 Frankfurt Stock Exchange: Regulated Market (General Standard) Hanover Stock Exchange: Regulated Market

19.05.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

--------------------------------------------------------------------------- Language: English Company: Neschen AG Hans-Neschen-Str. 1 31675 Bückeburg Germany Phone: + 49 (0) 5722 207-0 Fax: + 49 (0) 5722 207-197 E-mail: a.buhrmester@neschen.de Internet: www.neschen.de ISIN: DE0005021307 WKN: 502130 Listed: Regulated Market in Frankfurt (General Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------