DGAP-Adhoc: Francotyp-Postalia Holding AG:

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
DGAP-Adhoc: Francotyp-Postalia Holding AG: Francotyp-Postalia Holding AG can make free use of so-called Teleporto funds (restricted cash) of the UK subsidiary in future

Francotyp-Postalia Holding AG / Key word(s): Miscellaneous/Miscellaneous 19.08.2014 17:17 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 notification in accordance with section 15 of the German Securities Trading Act (WpHG) 19 August 2014 Francotyp-Postalia Holding AG Triftweg 21 - 26 16547 Birkenwerder (Germany) ISIN: DE000FPH9000 WKN: FPH900 Frankfurt Stock Exchange, Regulated Market (Prime Standard) Francotyp-Postalia Holding AG can make free use of so-called Teleporto funds (restricted cash) of the UK subsidiary in future Birkenwerder, 19 August 2014 The Management Board of Francotyp-Postalia Holding AG, Birkenwerder (ISIN DE000FPH9000) announces in accordance with section 15 of the German Securities Trading Act (WpHG) that as a result of the reassessment of the contractual relationships in connection with the Teleporto funds (restricted cash) of the UK subsidiary Francotyp-Postalia Ltd., UK, theCompany can make free use of additional cash and cash equivalents totalling GBP 16.7 million (as at 30 June 2014). At the exchange rate on 30 June 2014, this amounts to EUR 20.8 million. A direct consequence is a significant improvement in the recognised net debt, which amounted to EUR 11.0 million as at 30 June 2014. In countries such as the UK, Canada and Austria, franking machine users are required to clear payments of Teleporto funds through FP under the manufacturer contracts between FP and the individual postal companies. Different procedures apply in the different countries. In the case of the UK subsidiary Francotyp-Postalia Ltd., UK, the Management Board has reassessed the contractual agreements, after careful consideration and following the introduction of a new provision into the new manufacturer contract. The following financial reports will include a corresponding correction in accordance with IAS 8. The review also concluded that the restrictions on Teleporto funds in Canada and Austria will continue to apply. The Management Board is considering using the newly available funds for investment in the future or for temporary reduction of financial liabilities, with due regard to commercial prudence. The substantial reduction in net debt would also lead to a corresponding reduction in financial debt, which in turn could improve the equity ratio. The Management Board Contact: Francotyp-Postalia Holding AG Investor Relations Triftweg 21 - 26 D-16547 Birkenwerder Tel: +49-3303-525-410 Fax: +49-3303-53707-410 E-mail: s.prueser@francotyp.com This notification does not constitute either a sale offer or a request to buy securities of Francotyp-Postalia Holding AG. The shares offered as part of the IPO have already been sold. This notification must not be published, distributed or transmitted in any other way in the United States of America. This notification does not constitute an offer to purchase or sell securities of Francotyp-Postalia Holding AG in the United States of America and does not aim to make offerings of this type. The securities described in this notification are not and will not be registered in accordance with the United States Securities Act of 1933 in its currently prevailing version (the "Securities Act") and may only be offered for purchase or sale within the United States of America without being previously registered if subject to an exemption in accordance with the provisions of the Securities Act. In the United Kingdom, this notification is only directed at persons and/or is only intended for distribution to persons who (i) have sector experience with investments in the context of Article 19 (5) of the U.K. Financial Services and Markets Acts 2000 (Financial Promotion) Order 2005 (the "Regulation") or (ii) who are covered by Article 49 (2) (a) to (d) of the Regulation ("high net worth entities") (all such persons will be hereinafter be referred to as "qualified persons"). The notification is only directed at qualified persons. Non-qualified persons should not operate based on this notification or its contents or rely upon them. Every investment or investing activity to which this notification refers is available to qualified persons only and is processed solely by qualified persons. The information contained in this notification is not intended for transmission to or within the United States of America. 19.08.2014 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: Francotyp-Postalia Holding AG Triftweg 21-26 16547 Birkenwerder Germany Phone: +49 (0)3303 525 777 Fax: +49 (0)3303 53 70 77 77 E-mail: ir@francotyp.com Internet: www.fp-francotyp.com ISIN: DE000FPH9000 WKN: FPH900 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Adding Fireplaces: Home Comfort or Construction Headache?

Updated Category News Views 276

Sizing Up the Installation Options Slapping a fireplace into a home sounds more like a pipe dream than a practical project for most folks. But according to fireplace whiz Jimmy Smith down in North Charleston, the times are a-changin'. These days, with advances in technology, homeowners can actually pull it off without collapsing their living room walls. Nitty-Gritty:...

Continue Reading
Quantum Space Joins $185M NASA Lunar Transport Deal

Updated Category News Views 367

Quantum Space Bags a Chunk of NASA's Lunar Ambitions Alright, folks, buckle up because we're about to dive into the cosmos. Quantum Space just nabbed a sweet deal—a $185 million whopper of a contract from NASA's Moon Base Transportation program. This isn't chump change; it's a 25% slice for Quantum from the lot Arrow Science and Technology is heading. We're talking...

Continue Reading
TCL's Display Future: AI Meets Screens at DTC 2026

Updated Category News Views 305

Exploring New Horizons in Display Technology There's something brewing in Wuhan: a conference that’s shaping up like a tech enthusiast’s dream. This year, it's all about the symbiosis of cutting-edge tech and dazzling visuals as TCL CSOT gears up to unveil advancements at the Global Display Tech-Ecosystem Conference (DTC) 2026. If you're wondering whether this event...

Continue Reading
Moon Base Ambitions: Impulse Space Wins Key NASA Contracts

Updated Category News Views 452

NASA's Vision and Impulse's New Role Ever think you'd see a company like Impulse Space set to play a starring role in humanity's return to the lunar surface? Well, strap in because this isn't just a pipe dream anymore. NASA's bold plan to establish a Moon Base has taken a tangible step forward with Impulse winning two hefty task orders. This ain't just peanuts—this duo...

Continue Reading
7th World Media Summit Spotlights Media's Future in Beijing

Updated Category News Views 235

The Changing Landscape of Global Media An event of this magnitude doesn't just pop up every day like a stock ticker on Wall Street. This year's 7th World Media Summit in Beijing is where nearly 500 bigwigs from all corners of the media landscape are converging. It's not about trading stocks or hitting quarterly numbers—it's about shaping how stories get told in an era...

Continue Reading
Intelligent Communication Forum Eyes Global Ecosystem Shift

Updated Category News Views 173

China's Grand Vision for Intelligent Communication You know what they say about big ideas—they start in the most bustling of places. And here we are in Wuxi, a city's pulse pounding with ambition, hosting the 2026 China International Intelligent Communication Forum. Picture it: From November 8th to 10th, movers, shakers, and visionaries are scribbling new blueprints for...

Continue Reading
2027 Toy of the Year Finalists Energize Play Market

Updated Category News Views 272

A Kaleidoscope of Innovation in Toys There's a familiar buzz in the air, folks. The 2027 Toy of the Year Awards finalists have been unveiled, and they're bringing a fresh wave of creativity to children's playrooms. These aren't just toys; they're miniature innovators ready to light up the market this holiday season. The reveal happened at the Chicago Toy & Game Fair and...

Continue Reading
J&J's New Study: Sjögren’s Solution Insight Sparks Debate

Updated Category News Views 190

Patient-Centric Take on Sjögren's Disease Johnson & Johnson has dropped fresh Phase 2 results on nipocalimab, reminding everyone they're at the helm of reshaping treatments for Sjögren's disease (SjD). A condition leaving about four million folks craving better days, in multiple ways, shines a light on what's gripping patients the hardest. It's hard not to sit up and...

Continue Reading
Off-Broadway Play 'DUST' Raises Autism Support Funds

Updated Category News Views 365

Here's the scoop: an Off-Broadway production just did something many big hitters can't pull off. 'DUST,' a show crafted like a love letter to the American West, managed to rustle up $30,000 for young adults grappled with autism. Partnering with no less than Yale's Cultural Autism Studies and the Ed Asner Family Center, this effort hit the mark in more ways than one. An...

Continue Reading
Invasive Procedures Don't Extend Life in Stable Heart Disease

Updated Category News Views 354

Challenging Longstanding Beliefs Today’s news from the heart research front might set a few cardiology heads spinning. We’ve got big-time findings out of the ISCHEMIA-EXTEND study, throwing more weight on the evidence pile that early invasive heart procedures for patients with stable coronary artery disease don’t actually extend your life. Managing care with a blend...

Continue Reading

Top 5 Most Recently Viewed Articles

AI Implementation Crisis: Why CS Teams Struggle to Adopt

Updated Category News Views 166

Understanding the AI Adoption Crisis Among Customer Success Teams Newly released research sheds light on the pressing challenges faced by customer success (CS) teams regarding the implementation of artificial intelligence (AI). Despite a growing recognition of AI's potential, a mere one-third of teams have progressed beyond initial pilots. This gap between AI expectations...

Continue Reading
Centrobill Unveils MAX Suite for Enhanced Business Growth

Updated Category News Views 217

Centrobill Launches New MAX Suite for Merchants Centrobill has been a trusted partner for high-risk merchants, navigating unique challenges for over a decade. The launch of the Centrobill MAX introduces an innovative toolkit designed to elevate payment processing significantly. With three groundbreaking features, businesses can now enhance their sales, increase the...

Continue Reading
Ferguson Partners Welcomes Robert Mayes as New Leader

Updated Category News Views 268

Ferguson Partners Expands Leadership with Robert Mayes Ferguson Partners, a leading talent management and strategic advisory firm for global real assets, has appointed Robert Mayes as its new Senior Managing Director. With over twenty years in the industry, Mr. Mayes returns to Ferguson to lead the executive search practice on the west coast. Expertise That Counts In his...

Continue Reading
Smurfs Embark on Exciting New Adventure with Roblox Game

Updated Category News Views 404

Smurfs Grow A Village Invites Players to Explore Creativity The iconic Smurfs franchise is making waves with the launch of a new game on Roblox, titled Smurfs Grow A Village. This innovative game ushers players into a fantastical universe where they can unleash their creativity. A Fresh Take on the Classic Franchise Smurfs Grow A Village deviates from traditional tycoon...

Continue Reading
Pan American Energy Plans Private Placement for Expansion

Updated Category News Views 140

Pan American Energy's Strategic Move Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF | FRA: SS60) is excited to announce its plans to execute a significant non-brokered private placement financing. This initiative will encompass up to 4,350,000 common shares at a price of C$0.18 per share, potentially generating gross proceeds of $783,000. On top of this, there will...

Continue Reading