PTA-Adhoc: United Labels AG: Spanish subsidiary insolvent |
Monday, 21. October 2019 22:15 |
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Public disclosure of inside information according to article 17 MAR
Münster (pta034/21.10.2019/22:15) - Due to statutory obligations, the Spanish subsidiary United Labels Iberica S.A. will soon apply for insolvency. This has been decided by the management of the Spanish entity today. This decision also affects indirectly the Italian subsidiary of United Labels Iberica S.A. which has been inactive for a while.
This event will have a negative impact on the annual forecast, the extend of which is currently under review. The 9 month report of United Labels AG will be released shortly. Contact:
(end) emitter: United Labels AG
ISIN(s): DE0005489561 (share)
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Related Links: United Labels AG |
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