DGAP-Ad hoc: Neschen AG

DGAP-Adhoc: Neschen AG: Self-administration repealed - Arndt Geiwitz appointed insolvency administrator

Neschen AG / Key word(s): Miscellaneous/Insolvency

21.06.2016 11:08

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.

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Ad hoc disclosure from 20.06.2016

Neschen AG: Self-administration repealed - Arndt Geiwitz appointed insolvency administrator

By resolution of today and upon application by Neschen AG and its subsidiary Neschen Benelux B.V., the Bückeberg District Court has repealed the decision from 01.07.2015 ordering self-administration.

Former trustee Arndt Geiwitz has been named insolvency administrator. Henrik Felbier remains CEO of Neschen AG and General Manager of Neschen Benelux B.V.

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

21.06.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at 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 ---------------------------------------------------------------------------