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By | June 16, 2016

DGAP-Ad-hoc: A.S. Création Tapeten AG / Key word(s): Acknowledged MatterDüsseldorf Supreme Cloister decides on bulk of amends in German anti-trust proceedings

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12-Oct-2017 / 11:44 CET/CESTDisclosure of an central advice acc. to Article 17 MAR, transmitted by DGAP – a account of EQS Group AG.The issuer is alone amenable for the agreeable of this announcement.

Düsseldorf Supreme Cloister decides on bulk of amends in German anti-trust proceedings

In February 2014, the German Federal Cartel Office issued amends notices adjoin A.S. Création Tapeten AG and adjoin some of the company’s employees. The amends imposed on A.S. Création Tapeten AG amounted to EUR 10.0 million, while the penalties adjoin the bodies afflicted totalled EUR 0.5 million. In March 2014, A.S. Création Tapeten AG and the bodies afflicted lodged appeals adjoin the amends notices.

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The Düsseldorf Supreme Cloister today appear the adjudication in the address affairs and added the amends to be paid by A.S. Création Tapeten AG to EUR 13.0 actor and anchored the penalties for the bodies afflicted at a absolute of EUR 0.9 million. To ensure the best accessible defence adjoin the amends notices, A.S. Création Tapeten AG had appear the amenable bodies from amends payments in these affairs with the accord of the Annual General Meeting of Shareholders of May 3, 2013, which agency that the abounding bulk of EUR 13.9 actor arising from anti-trust affairs will accept to be borne by the company.

The accounting adjudication is not accessible yet. An address adjoin the Supreme Court’s adjudication may be lodged with the Federal Cloister of Justice. Petitions and the area for such petitions would accept to be submitted aural one ages from commitment of the accounting verdict.

Should the adjudication become final, A.S. Création Tapeten AG will column an bulk and banknote address of EUR 11.9 million, as the aggregation had recognised a accouterment of alone EUR 2.0 actor in the 2013 banking statements and had paid this bulk to the authorities in 2014 because of bartering considerations to abstain the obligation to pay absorption on a abeyant penalty.

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This adjudication has resulted in the abominable bearings for A.S. Création that the penalties now imposed by the Düsseldorf Supreme Cloister beat the penalties originally claimed by the German Federal Cartel Office.

The Managing Board considers the penalties now imposed to be disproportionately aerial and inappropriate with attention to the arguments brought advanced by the aggregation in the affairs and the aftereffect of the demography of affirmation by the court. After cancellation of the accounting verdict,

the Managing Board and the company’s acknowledged admonition will accordingly accordingly appraise whether an address should be lodged adjoin the verdict.

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Gummersbach, October 12, 2017

A.S. Création Tapeten AG

The Managing Board

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12-Oct-2017 CET/CEST The DGAP Distribution Services accommodate Regulatory Announcements, Financial/Corporate News and Press Releases.Archive at www.dgap.de

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