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Aug 19, 2014 at 11:30 AM

DGAP-News: Francotyp-Postalia Holding AG: Francotyp-Postalia Holding AG can make free use of so-called Teleporto funds (restricted cash) in future

DGAP-News: Francotyp-Postalia Holding AG / Key word(s): Miscellaneous/Miscellaneous Francotyp-Postalia Holding AG: Francotyp-Postalia Holding AG can make free use of so-called Teleporto funds (restricted cash) in future 19.08.2014 / 17:24 --------------------------------------------------------------------- Corporate News Francotyp-Postalia Holding AG can make free use of so-called Teleporto funds (restricted cash)in future - Company reassesses the Teleport funds (restricted cash) in the UK - FP Group has additional GBP 16.7 million (as at 30 June 2014) available in cash and cash equivalents - Net debt of FP Group reduced to EUR 11.0 million Birkenwerder, 19 August 2014. After careful review leading to a reassessment of Teleport funds (restricted cash) of the UK subsidiary Francotyp-Postalia Ltd., the financial strength of Francotyp-Postalia Holding AG, multichannel supplier for mail communication and accredited De-Mail provider, has been increased by additional GBP 16.7 million (as at 30 June 2014) freely available to the FP Group as cash and cash equivalents. At the exchange rate on 30 June 2014, this amounts to EUR 20.8 million. This leads directly to a substantial improvement in net debt, which totalled EUR 11.0 million as at 30 June 2014. The reassessment involves postage advances by customers in the UK, where the FP Group receives an advance similar to a deposit from franking machine users. Current postage recrediting by customers is directly settled with the Royal Mail and customers. Previously, the balance of advances has to be recognised as "restricted cash" according to the Royal Mail requirements. After abolition of this restriction and detailed review by the Management Board, the credit balance is now treated as cash freely available to the FP Group. The following financial reports will include a corresponding correction in accordance with IAS 8. After intensive review, the Teleporto funds in Canada and Austria are still restricted, and cannot be used freely by the Company. Consideration is being given to using the released funds for investment in the future. An alternative is to use the funds for a temporary repayment of liabilities, which would significantly reduce financial liabilities, leading to a higher equity ratio. FP CEO and CFO Hans Szymanski, explains: "Previously, advances by customers had to be treated as restricted cash, under Royal Mail regulations. After careful review, we have reassessed the contractually agreed regulations. With due regard for commercial prudence, we can now use the cash and cash equivalents immediately for productive purposes at FP, creating additional value for all parties." Contact: Francotyp-Postalia Holding AG Corporate Communications Sabina PrÃ¼ser Tel: +49 (0)3303 525 410 Fax: +49 (0)3303 53707 410 E-Mail: s.prueser@francotyp.com About Francotyp-Postalia Holding AG The FP Group is the first multi-channel provider for mail communication. The globally active company offers the entire range of products and solutions for business and private customers. In addition to standard machines for franking and inserting mail, its offering includes services such as the collection of business mail and innovative software solutions such as the fully electronic letter. The FP Group, based in Birkenwerder near Berlin, can therefore provide tailored multi-channel solutions. The Group currently operates its own branches in a number of industrialised countries and holds a global market share in franking machines of around 10%. With a history dating back 90 years, the FP Group today benefits across all markets from the increasing liberalisation of postal markets and the readiness of companies to outsource their business mail to professional service providers. In the 2013 financial year, the company generated revenue of EUR 168.9 million. The FP Group employs around 1,100 people worldwide. --------------------------------------------------------------------- 19.08.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. 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, DÃ¼sseldorf, MÃ¼nchen, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 282984 19.08.2014

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