Accu Holding AG: Shareholders approve all motions at Extraordinary General Meeting

NOT FOR DISTRIBUTION IN THE UNITED STATES, UNITED KINGDOM OR THE EUROPEAN ECONOMIC AREA

Accu Holding AG: Shareholders approve all motions at Extraordinary General Meeting

- Subscription period begins as of the 18th of March 2016

Emmenbrücke, March 16, 2016 - Representing 70.77% of the company's share capital, the attending shareholders have today approved all motions of the Board of Directors at the extraordinary general assembly of Accu Holding AG.

The proposal of the Board of Directors to increase shareholders' equity by a maximum number of 1'309'307 new shares with a nominal value of CHF 10.00 each at a subscription price of CHF 11.50 per share has been approved. The new shares will be offered to existing shareholders at a 2:1 ratio (one new share for every two shares held). Shares which are not purchased shall be placed with strategic investors and possibly be allocate at a higher price. The subscription rights will not be traded.

Indicative agenda of the capital increase

- 18.3.2016 Beginning of the subscription period

- 31.3.2016 End of the subscription period

- 13.4.2016 Completion of ordinary capital increase

- 14.4.2016 First trading day

- 15.4.2016 Payment and delivery of the new shares

Changes in the articles of associations, which allow for the renewal and increase of authorized capital to CHF 13'093'070 as well as an increase in conditional capital to CHF 13'093'070, have been accepted by the shareholders.

Legal Disclaimer

The economic projections and predictions contained in this information relate to future facts. Such projections and predictions are subject to risks, uncertainties and changes which cannot be foreseen and which are beyond the control of Accu Holding AG. Accu Holding AG is therefore not in a position to make any representations as to the accuracy of economic projections and predictions or their impact on the financial situation of Accu Holding AG or the market in the securities of Accu Holding AG.

This document does not constitute an offer or invitation to subscribe for or purchase any securities. It is not being issued in countries where the public dissemination of the information contained herein may be restricted or prohibited by law. In particular, this document is not being issued in the United States of America and should not be distributed to U.S. persons or publications with a general circulation in the United States. Any non-compliance with such restrictions may result in a n infringement of U.S. securities laws. Securities of Accu Holding AG ("Company") are not being publicly offered outside of Switzerland. In particular, the securities of the company have not been registered under the U.S. securities laws and may not be offered, sold or delivered within the United States or to U.S. persons absent the registration under or an applicable exemption from the registration requirements of the U.S. securities laws. This document does not constitute a prospectus according to 652a or article 1156 of the Swiss Code of Obligations or article 27et seq. of the Six Swiss Exchange listing rules.

This document is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "Relevant Persons"). The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this information or any of its contents.

End of ad hoc announcement

Accu Holding AG - Company Profile

The Accu Holding AG is listed on the SIX Swiss Exchange with its headquarter in Emmenbrücke/Lucerne. It focuses on the two business areas 'Industrial Yarns' and 'Surface Technology' and investing in leading technology companies that operate in attractive market niches in Europe, Asia and America. Industrial yarns encompasses the development and manufacturing of yarns based on polymer and polyamide. These yarns are used in applications such as mechanical rubber goods (MRG) such as conveyor belts, hoses and transmission belts, as well as for the production of ropes and nets used for example in the manufacture of airbags and tires. The business unit of surface technology includes the equipment manufacturer of heat treatment and coating equipment and the operation of heat treatment shops and high-tech thin-coating centres of the latest generation. These high-quality products are manufactured in Europe and the US for niche markets in the automotive, aerospace, medical, petroleum, process and manufacturing industries.

Contact:

Andreas Kratzer
Accu Holding AG
Gerliswilstrasse 17
6020 Emmenbrücke
a.kratzer@accuholding.ch
Telefon +41 44 318 88 00

Media contact for Germany

Edicto GmbH
Dr. Sönke Knop/Elke Pfeifer
Eschersheimer Landstraße 42
60322 Frankfurt am Main
Tel.: +49 69 905 505 51
E-Mail: sknop@edicto.de

This release was published on openPR.