Regulatory Filings • Aug 21, 2019
Regulatory Filings
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DGAP-Ad-hoc: Burgenland HoldingAG/ Keyword(s):Agreement/Forecast
Burgenland HoldingAG: Energie BurgenlandAG, in which Burgenland HoldingAGholds a 49 percent stake, prematurelyends its US Cross Border Lease
21-Aug-2019 / 15:23 CET/CEST
Disclosure of an inside information acc. toArticle 17 MARof the Regulation (EU) No 596/2014, transmitted byDGAP- a service of EQS GroupAG.
The issuer is solelyresponsible for the content of this announcement.
The supervisoryboard of Energie BurgenlandAG, in which Burgenland HoldingAGholds a 49%stake, has in today's meeting approved the earlycessation of the USCross Border Lease of Energie BurgenlandAG's networks entered into in 2001. The anticipated short-term expenditure will be offset byexpected profits; in the medium term, the expected cessation,which includes granted collateral, should have a positive effect on the financial results of Energie BurgenlandAG.
For the 2018/19 financial year of Energie BurgenlandAG,which ends on 30 September 2019, a stable financial result on the level of the previous year's financial result is expected.
Contact: Burgenland HoldingAG Member of Executive Board
Dr. Klaus Kohlhuber Technologiezentrum Marktstraße 3 7000 Eisenstadt Phone: +43 2236 200-12398 E-Mail: [email protected]
21-Aug-2019 CET/CESTThe DGAPDistribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases. Archive atwww.dgap.de
| Language: Company: |
English Burgenland HoldingAG Marktstraße 3 7000 Eisenstadt Austria |
|---|---|
| Phone: | +43 2236 200 24186 |
| Fax: | +43 2236 200 84703 |
| E-mail: | [email protected] |
| Internet: | www.buho.at |
| ISIN: | AT0000640552 |
| WKN: | 879095 |
| Listed: | Regulated Unofficial Market in Berlin, Stuttgart; Vienna Stock Exchange (Official Market) |
| EQSNews ID: | 861025 |
End ofAnnouncement DGAPNews Service
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