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Wolford

Textile Manufacturer Wolford Leaves Vienna Prime Market

The textile group Wolford, listed on the Vienna Stock Exchange, is moving from the Prime Market to the Standard Market.

September 6, 2018

Hongkong Holding Company Completes Acquisition of Majority Stake in Austrian Lingerie Brand Wolford

Following the acquisition of 50.87% of the shares (for at least €36M) from the previous majority shareholders, Fosun Industrial Holdings Limited (Hong Kong Central) is now the new main shareholder of Wolford. The Hongkong financial investor, which is the investment vehicle of Shanghai based Fosun Group, systematically invests in the global fashion and consumer goods industry, and the management of its growing portfolio in the fashion sector was recently put in the hands of Fosun Fashion Group, which holds stakes in the German Tom Tailor Group and the French luxury brand Lanvin, amongst other holdings

May 4, 2018

Wolford: Capital Increase of Around EUR 22 Mln Approved, Dr. Junyang Shao is New Chairperson of the Supervisory Board

Today's extraordinary general meeting of Wolford AG resolved to increase the share capital from EUR 36,350,000 to EUR 48,848,227.77 by issuing 1,719,151 new ordinary shares. The issue price (Ausgabebetrag) per new share amounts to EUR 12.80; the total issue price amounts to EUR 22,005,132.80. The new shares have a profit entitlement (Gewinnberechtigung) as of 1 May 2017. The new shares will be issued at a ratio of 20 to 7, i.e. 20 existing shares entitle to subscribe for 7 new shares. The management board was authorized to implement the capital increase by 31 August 2018 and to determine the further details of its implementation.

May 4, 2018

Wolford Aktiengesellschaft / Quarterly Report

Wolford Aktiengesellschaft is declaring the following financial reports below.

March 16, 2018

Mainland Chinese Billionaire Guo Guangchang to Take Over Austrian Asset Wolford AG

Shanghai based Fosun Group through its Hong Kong (Central) vehicle Fosun Industrial Holdings Limited (Fosun) has taken over control of one of Austria's last remaining lingerie assets. According to Wolford, its new strategic core shareholder has agreed to pay at least €36M for a 50.87% majority stake in Wolford AG. Wolford has been struggling with management problems for some time. It also has been loss making for several years. Fosun Industrial Holdings Limited, a subsidiary of Fosun International Limited (British Virgin Islands) is an investment holding company with interests in asset management and entertainment services. Fosun wants full control of the lingerie maker. Upon the closing of the share purchase agreement Fosun intends to launch a takeover offer to the remaining shareholders. Fosun was co-founded in 1992 by Fudan graduate Guo Guangchang who meanwhile became the 34th richest person in China with a net worth of €7 billion.

March 3, 2018

Wolford Aktiengesellschaft / Half-year financial report according to art. 87 para. 1 Stock Exchange Act

Wolford Aktiengesellschaft is declaring the following financial reports below.

December 6, 2017

Wolford Generates Higher Revenue and Reduces Fixed Operating Expenses

Wolford AG, which is listed on the Vienna Stock Exchange, succeeded in stabilizing its revenue and reducing operating losses in the first half of the current 2017/18 financial year. In the period May to October 2017, revenue rose 3.7% to EUR 70.15 million (previous year: EUR 67.62 million). Second-quarter revenue was up 3.0% to EUR 41.06 million.

December 6, 2017

Wolford Accelerates Its Cost Reduction Program

Wolford AG, which is listed on the Vienna Stock Exchange, is accelerating implementation of its cost reduction measures, as previously announced. This mainly involves the downsizing of its administrative staff. Since July 2017 Wolford has already decreased its workforce by 41 full-time positions, partly by natural attrition or by not filling vacant positions. The personnel level at company headquarters in Bregenz is being reduced by a further 15 employees in the middle of October.

October 16, 2017

Changes on the Supervisory Board of Wolford AG - Claudia Beermann Elected to Serve as Chairwoman

Following the 30th Annual General Meeting of Wolford AG held in Bregenz on September 14, 2017, the Supervisory Board held its constituent meeting and reorganized the top board positions as follows: Claudia Beermann, who had served as Deputy Chairwoman of the Supervisory Board since September 18, 2014, was elected to serve as Chairwoman of the Supervisory Board of Wolford AG.

September 15, 2017

Wolford Aktiengesellschaft / Yearly financial report according to art. 82 para. 4 Stock Exchange Act

Wolford Aktiengesellschaft is declaring the following financial reports below.

August 24, 2017

EANS-General Meeting: Wolford Aktiengesellschaft / Invitation to the General Meeting according to art. 107 para. 3 Companies Act

We hereby invite our shareholders to the 30th Annual General Meeting of Wolford Aktiengesellschaft to be held on Thursday, September 14, 2017 at 1 p.m. CET on the premises of Wolford Aktiengesellschaft, Wolfordstraße 1, 6900 Bregenz.

August 16, 2017

Wolford AG / Dr. Antonella Mei-Pochtler resigns as chairperson and will leave the supervisory board

Dr. Antonella Mei-Pochtler, chairwoman of the supervisory board of Wolford AG since September 18, 2014, informed the company that she resigns as chairwoman with immediate effect and will leave the supervisory board in accordance with the articles of association as of September 8, 2017, in order to be able to participate in the ongoing bidding process.

August 9, 2017

Wolford AG / Earnings for the Past Financial Year in Line with Expectations

Wolford AG announces the most important business results for the 2016/17 financial year (May 2016 to April 2017) before publishing its complete consolidated annual financial statements. Earnings are in line with expectations. Revenue in the past financial year fell by 5% year-on-year to EUR 154.28 million (-4.1% adjusted for currency effects).

August 8, 2017

Wolford Aktiengesellschaft / WOLFORD AG Secures Financing Until June 2018

Wolford AG has agreed with its banking partners to have its lines of credit extended up until June 30, 2018 as well as to be granted bridge financing of up to EUR 10 million to cover its peak seasonal liquidity requirements.

July 11, 2017

Wolford Aktiengesellschaft / Change in the Management Board

Ashish Sensarma, 57, Chief Executive Officer (CEO) of Wolford AG since January 2015, will resign from his position on the Management Board as of July 31, 2017. Axel Dreher, 52, the previous Deputy Chief Executive Officer, will also assume management responsibility for Strategy, Marketing and Sales as of August 1, 2017.

July 5, 2017

Wolford Aktiengesellschaft/ Wolford Postpones Presentation of Annual Results Until August 24, 2017

The Executive Board of Wolford AG hereby announces that the original date of Friday, July 14, 2017 scheduled for the presentation of the annual financial statements and consolidated financial statements and the annual results press conference will be postponed until Thursday, August 24, 2017. The underlying reason for the decision is the regular review of all publicly listed Austrian companies by the Austrian Financial Reporting Enforcement Panel (AFREP). The Executive Board expects such a routine review to be concluded in the next days. If necessary, the results have to be taken into consideration when preparing the financial statements.

July 3, 2017

Wolford Aktiengesellschaft / Main shareholder group intends to sell its stake, company intends equity financing

The main shareholder group of Wolford AG, WMP Familien-Privatstiftung, Sesam Privatstiftung and its subsidiary the "M. Erthal & Co." Beteiligungsgesellschaft m.b.H., as well as related parties announced today the intention to sell their stake, which is a majority stake, in Wolford AG.

June 9, 2017

Wolford Aktiengesellschaft / Wolford Revises Guidance for the Current Financial Year

On March 17, 2017, Wolford AG announced that it would revise its medium-term strategic planning and develop a sustainable financing structure. The updated medium-term planning focuses on sustainably improving cost structures with the objective of making the company profitable again. Against the backdrop of the current difficult market environment, the latest planning assumptions foresee moderate revenue growth of the individual sales channels.

April 12, 2017

Wolford Aktiengesellschaft / Presentation of results for the first

Wolford AG, which is listed on the Vienna Stock Exchange, generated revenue of EUR 119.05 million in the first nine months of the current financial year (May 2016 - January 2017), comprising a year-on-year decline of 7.5%. The revenue drop equalled 6.2% when adjusted for currency effects, in particular the decrease in value of the British pound.

March 17, 2017

Wolford Aktiengesellschaft / Quarterly Report

Wolford Aktiengesellschaft is declaring the following financial reports below.

March 17, 2017

Wolford Aktiengesellschaft / Wolford Revises Guidance for the Current Financial Year

The Management Board of Wolford AG revised its guidance for the current 2016/17 financial year (May 1, 2016 - April 30, 2017). In spite of a slight recovery in its revenue development starting in November 2016 and Christmas sales matching the prior-year level, revenue in January declined again, so that the revenue decrease up until now equals close to 8% compared to the previous year.

January 25, 2017

Wolford Aktiengesellschaft / Detailed Figures Presented for the First

Wolford AG, which is listed on the Vienna Stock Exchange, generated revenues of EUR 67.62 million in the first half of the current financial year (May 2016 to October 2016), comprising a year-on-year decline of 14.7%.

December 16, 2016

Wolford Aktiengesellschaft / Half Yearly Report

Wolford Aktiengesellschaft is declaring the following financial reports below.

December 16, 2016

Wolford Aktiengesellschaft / Yearly Report

Correction to 2015/16 Annual Financial Report of Wolford AG.

September 23, 2016

Wolford Aktiengesellschaft / Dividend announcement

The 29th Annual General Meeting of Shareholders of Wolford AG held on September 14, 2016 voted to distribute a dividend of EUR 0.20 per no-par-value shares for the financial year 2015/16. Dividend payment will be made less 27,5% withholding tax, unless tax regulations provide for an exemption from withholding tax, as of September 21, 2016 in the form of a credit entry at the depositary bank.

September 15, 2016

Wolford Aktiengesellschaft / Publication of an Announcement according to art. 93 BörseG with the objective of Europe-web publication

1.Issuer: Wolford Aktiengesellschaft, 2.Reason for the notification: Acquisition or disposal of voting rights, 3.Person subject to notification obligation, Name:Erste Asset Management GmbH

September 14, 2016

Wolford Aktiengesellschaft / Detailed Business Results Presented for

Wolford AG, which is listed on the Vienna Stock Exchange, reported a revenue decline of 18% to EUR 27.74 million in the first quarter of the current financial year (May 2016 to July 2016).

September 9, 2016

Wolford Aktiengesellschaft / Wolford adjusts Outlook for the CurrentFinancial Year

Following today's meeting, the Management Board of Wolford AG revised its forecast for the current 2016/17 financial year (May 1, 2016 to April 30, 2017).

August 31, 2016

EANS-General Meeting: Wolford Aktiengesellschaft / Invitation to the GeneralMeeting

We hereby invite our shareholders to the 29th Annual General Meeting of Wolford Aktiengesellschaft on Wednesday, September 14, 2016 at 13:00 CET, at the premises of Wolford Aktiengesellschaft, Wolfordstraße 1, 6900 Bregenz, Austria.

August 16, 2016

Wolford Aktiengesellschaft / Positive operating earnings in 2015/16financial year

Wolford AG, which is listed on the Vienna Stock Exchange, has presented its results for the 2015/16 financial year (May 2015 to April 2016). The revenues of the Wolford Group, which also benefited from positive currency items, grew by 3.2% to EUR 162.40 million, while operating earnings (EBIT) came to EUR 1.55 million, as against EUR 2.17 million in the 2014/15 financial year.

July 15, 2016

Wolford Aktiengesellschaft / Yearly Report

Wolford Aktiengesellschaft is declaring the following financial reports below.

July 15, 2016

Wolford Aktiengesellschaft / Wolford Centralizes European Marketing and Sales and Strengthens its Headquarters in Bregenz

Wolford is centralizing its sales and marketing organization. There will be one central sales and marketing platform for the Europe, Middle East and Africa (EMEA) Region located at corporate headquarters in Bregenz instead of nine sales organizations throughout Europe. The company is also focusing on the platform strategy in America and Asia through its business hubs in New York and Hong Kong.

May 24, 2016

Wolford Aktiengesellschaft / Wolford continues its positive revenuedevelopment

Wolford AG, which is listed on the Vienna Stock Exchange, generated revenue growth in all its product groups in the first three quarters of the current financial year (May 1, 2015 to January 31, 2016)and slightly increased EBIT adjusted for all one-off effects. Higher revenue is also expected in the entire 2015/16 financial year.

March 18, 2016

Wolford Aktiengesellschaft / Quarterly Report

Wolford Aktiengesellschaft is declaring the following financial reports below.

March 18, 2016

Wolford Aktiengesellschaft / Half Yearly Report

Due to an editorial mistake, the Half-Year Report 2015/16 published on December 14, 2015 by Wolford AG did not contain the Statement by the Management Board in accordance with § 87 Para. (1) NO. 3 Austrian Stock Exchange Act.

February 12, 2016

Wolford Aktiengesellschaft / Announcement pursuant to Section 7 Para.2 and 4 Austrian Publication Ordinance 2002

Wolford AG, which is listed on the Vienna Stock Exchange, sold a total of 11,860 of its own ordinary bearer shares on January 22, 2016 at a selling price of EUR 21.08 per share within the context of its Long Term Incentive Program for the members of the Management Board.

January 26, 2016

Wolford Aktiengesellschaft / Announcement pursuant to § 5 Austrian Publication Regulation 2002

Announcement pursuant to § 5 Austrian Publication Regulation 2002.

January 18, 2016

Wolford Aktiengesellschaft / Wolford extends Management BoardMandate of CEO Ashish Sensarma

The Supervisory Board of Wolford AG, which is publicly listed on the Vienna Stock Exchange, has reached an agreement with Ashish Sensarma to extend his existing Management Board mandate as CEO of Wolford AG until April 30, 2018.

December 15, 2015

Wolford Aktiengesellschaft / Wolford Publishes Interim Report

Wolford AG, which is listed on the Vienna Stock Exchange, generated a substantial increase in revenues in all segments in the first half of the 2015/16 financial year (May 1, 2015 to October 31, 2015) against the backdrop of a challenging economic and political environment. It also gained momentum in its operating business by increasing second-quarter EBIT in a year-on-year comparison.

December 14, 2015

Wolford Aktiengesellschaft / Dividend Announcement

The 28th Annual General Meeting of Shareholders of Wolford AG held on September 17, 2015 voted to distribute a special-dividend of EUR 0.20 per no-par-value shares for the financial year 2014/15.

September 17, 2015

Wolford Aktiengesellschaft / Granting of stock options to members of the Management Board

Annual & Special Corporate Meetings/Long Term Incentive Program

September 17, 2015

Wolford Aktiengesellschaft: Resolution passed at the AGM regarding treasury shares: approval of sale in ways other than via securities exchanges orvia the making of a public offer

The resolution passed by the Annual General Meeting held on September 6, 1999, according to which (1) the Management Board is authorized to acquire up to 100,000 treasury shares during a period of 18 months starting with the date the resolution was passed in accordance with Section 65 Para.

September 17, 2015

Wolford Aktiengesellschaft / Quarterly Report

Wolford Aktiengesellschaft is declaring the following financial reports below.

September 14, 2015

Wolford AG: Revenue Growth and Lower Earnings in the First Quarter

Wolford AG, which is listed on the Vienna Stock Exchange, significantly increased revenues in the first quarter of the 2015/16 financial year (May - July 2015). Thanks to positive currency effects, revenues rose 6.5% from the prior-year quarter to EUR 34.0 million. The USA, the most important sales market for Wolford, and Great Britain grew even excluding currency tailwinds.

September 14, 2015

EANS-General Meeting: Wolford Aktiengesellschaft / Invitation to the General Meeting

We hereby invite our shareholders to the 28th Annual General Meeting of Wolford Aktiengesellschaft on Thursday, September 17, 2015 at 13:00 CET, at the premises of Wolford Aktiengesellschaft, Wolfordstraße 1, 6900 Bregenz, Austria.

August 20, 2015

Wolford AG / Turnaround in 2014/15 financial year

Wolford AG, which is listed on the Vienna Stock Exchange, closed the 2014/15 financial year (May 2014 to April 2015), as expected, with positive results. Revenues recorded by the Wolford Group rose by roughly 1% to EUR 157.35 million, recently also supported by positive foreign exchange effects.

July 17, 2015

Wolford Aktiengesellschaft / Yearly Report

Wolford Aktiengesellschaft is declaring the following financial reports below.

July 17, 2015

Wolford Aktiengesellschaft / Chief Financial Officer Thomas Melzer toLeave Wolford AG as of July 31,2015

Thomas Melzer, Chief Financial Officer of Wolford AG, will leave the company on his own request effective July 31, 2015 after nearly three successful years working on behalf of the company, and will pursue new professional challenges. Mr. Melzer asked the Supervisory Board not to extend his expiring Executive Board mandate after he completes work on the consolidated financial statements for the 2014/15 financial year. The other two Executive Board members Ashish Sensarma and Axel Dreher will assume Mr. Melzer's management responsibilities.

April 30, 2015

Wolford reports positive earnings for the first nine months of 2014/15

Wolford AG, which is listed on the Vienna Stock Exchange, generated positive net earnings of EUR 4.5 million in the first nine months of the 2014/15 financial year. Revenues declined slightly by 1.9% to EUR 121.1 million, but EBIT rose by nearly EUR 5 million from EUR 2.2 million to EUR 7.1 million. EBIT adjusted for non-recurring income and expenses also improved from EUR 2.8 million to EUR 4.1 million.

March 13, 2015

Wolford Aktiengesellschaft / Quarterly Report

Wolford Aktiengesellschaft is declaring the following financial reports below.

March 13, 2015
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