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23.05.2016 19:25:51
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DGAP-Ad hoc: A.S. Création Tapeten AG
DGAP-Adhoc: A.S. Création Tapeten AG: Appeal filed by French Competition Authority
23.05.2016 19:25
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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On April 14, 2016, the company published an ad-hoc announcement according to which the penalties imposed by the French Competition Authority ("Autorité de la concurrence") on two French member companies of the A.S. Création Group, namely SCE - Société de conception et d'édition SAS and MCF Investissement SAS, had been reduced significantly by the court of appeal ("Cour d'appel") in Paris.
The French Competition Authority has now filed an appeal against the verdict with the French supreme court ("Cour de cassation"). The verdict of the court of appeal has consequently not become final yet. A.S. Création will therefore post the earnings of EUR 2.9 million resulting from the verdict of the court of appeal only once it has been confirmed by the French supreme court. However, the supreme court is unlikely to hand down its decision during the course of 2016.
Gummersbach, May 23, 2016
A.S. Création Tapeten AG
The Managing Board
Inquiries: Maik Krämer, Chairman of the Managing Board, Director of Finance and Controlling Südstr. 47 D-51645 Gummersbach Phone: +49-2261-542 387 Fax: +49-2261-542 304 E-mail: m.kraemer@as-creation.de
23.05.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap.de
--------------------------------------------------------------------------- Language: English Company: A.S. Création Tapeten AG Südstraße 47 51645 Gummersbach Germany Phone: +49 22 61 54 2-0 Fax: +49 22 61 54 2-3 04 E-mail: investor@as-creation.de Internet: http://www.as-creation.de ISIN: DE000A1TNNN5 WKN: A1TNNN Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
A.S. Création Tapeten AG / Key word(s): Legal Matter
23.05.2016 19:25
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.
---------------------------------------------------------------------------
On April 14, 2016, the company published an ad-hoc announcement according to which the penalties imposed by the French Competition Authority ("Autorité de la concurrence") on two French member companies of the A.S. Création Group, namely SCE - Société de conception et d'édition SAS and MCF Investissement SAS, had been reduced significantly by the court of appeal ("Cour d'appel") in Paris.
The French Competition Authority has now filed an appeal against the verdict with the French supreme court ("Cour de cassation"). The verdict of the court of appeal has consequently not become final yet. A.S. Création will therefore post the earnings of EUR 2.9 million resulting from the verdict of the court of appeal only once it has been confirmed by the French supreme court. However, the supreme court is unlikely to hand down its decision during the course of 2016.
Gummersbach, May 23, 2016
A.S. Création Tapeten AG
The Managing Board
Inquiries: Maik Krämer, Chairman of the Managing Board, Director of Finance and Controlling Südstr. 47 D-51645 Gummersbach Phone: +49-2261-542 387 Fax: +49-2261-542 304 E-mail: m.kraemer@as-creation.de
23.05.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap.de
--------------------------------------------------------------------------- Language: English Company: A.S. Création Tapeten AG Südstraße 47 51645 Gummersbach Germany Phone: +49 22 61 54 2-0 Fax: +49 22 61 54 2-3 04 E-mail: investor@as-creation.de Internet: http://www.as-creation.de ISIN: DE000A1TNNN5 WKN: A1TNNN Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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