DGAP-Adhoc: Balda AG: Closure of bank agreements on new financial structure in September


Balda AG / Key word(s): Miscellaneous/Miscellaneous

29.08.2008 08:16

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted

by DGAP – a company of EquityStory AG.

The issuer is solely responsible for the content of this announcement.


Balda AG: Closure of bank agreements on new financial structure in


Bad Oeynhausen – Against its previous plans, the final discussions of Balda

AG with the banks about the realignment of the financial structure does not

take place at the end of August, but will be expected in the course of

September 2008. The banks have extended the standstill agreement with Balda


Reason for the deferment is the aspired involvement of the financing in the

running restructuring process. Beside the sale of non operating assets and

the as discontinued operation qualified subsidiary Balda Medical, it also

contains the financing and reorganisation of the existing Joint Ventures

and foreign investments.

* * *

Company profile Balda AG

The internationally operating Balda Group develops and produces highly

integrated devices comprising plastic, metal and electronic components as

well as touch sensors. Among the customers of the Prime Standard listed

company are international brand-names from the mobile telephony industry,

medical technology and various related markets.

The integration of plastic and touch screen technologies creates completely

new customer benefits. Only Balda currently offers both technologies from

one source on a global scale. The group has a strong position in the

important growth markets China and India and owns four production

facilities in the region. Plants in Brazil and in Malaysia, as well as the

facility in Germany for Balda Medical, underline the global competitiveness

of the group of companies.

If you have any questions please contact: Balda AG, Clas Röhl, Phone: +49

5734 922 2728, Fax: +49 5734 922 2691, Mail: croehl@balda.de, Internet:


29.08.2008 DGAP’s 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: Balda AG

Bergkirchener Str. 228

32549 Bad Oeynhausen


Phone: +49 (0) 57 34 / 9 22-0

Fax: +49 (0) 57 34 / 9 22-2604

E-mail: info@Balda.de

Internet: www.balda.de

ISIN: DE0005215107

WKN: 521510

Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr

in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of Announcement DGAP News-Service