Disclosure of Inside Information Pursuant to Article 17 of Regulation (EU) No. 596/2014
Berlin, February 14, 2025 – The Management Board of ACCENTRO, having exercised due discretion, believes that, as a result of unscheduled write-downs—which have now become necessary in the context of the ongoing audit of the 2023 financial statements—and the losses expected to have occurred in the 2024 fiscal year, ACCENTRO’s balance sheet equity (HGB) has been reduced to less than half of the share capital.
The write-downs now being implemented are based on corrections totaling approximately EUR 26 million currently required as part of the finalization of the still-pending audit for the 2023 fiscal year, which will also have a continuing impact on the amount of equity on the balance sheet in the 2024 annual financial statements.
The Executive Board does not expect any substantial impact on the negotiations regarding the comprehensive restructuring solution led by the Ad Hoc Group.
The Executive Board will immediately convene a shareholders’ meeting to report the loss amounting to half of the share capital in accordance with Section 92 of the German Stock Corporation Act (AktG).
Person providing the information:
Thomas Eisenlohr, Head of Investor Relations
Tel.: +49 (0)30 887181272
eisenlohr@accentro.de
The Executive Board
ACCENTRO Real Estate AG
Kantstraße 44/45 D-10625 Berlin
ISIN: DE000A0KFKB3 / DE000A3H3D51 / DE000A254YS5
Stock Exchanges: Frankfurt Stock Exchange, Regulated Market (Prime Standard) / Luxembourg Stock Exchange
Investor Relations Contact:
Thomas Eisenlohr
ACCENTRO Real Estate AG
Kantstraße 44/45
10625 Berlin
Email: eisenlohr@accentro.de
Phone: +49 (0)30 88 71 81 272