Auctionata | Paddle8 files prelim insolvency proceedings

German Tech Holding GmbH & Co. KGaA

19/01/2017 09:03

Jan 19 (Reuters) - German Startups Group Berlin GmbH & Co KGaA  GSJGn.DE : 
    * Portfolio company Auctionata | Paddle8 has filed a preliminary insolvency proceedings and 
is in talks about continuation the financing 
    * Profit and loss account of German Startups Group in fiscal year 2017 will not be affected 
by the above events (IFRS) 
    * The events could negatively affect net group result of German Startups Group in fiscal 
2016 by up to 0.17 euro per share (IFRS) 
 
Source text for Eikon:  ID:nEQ7NQGQs  
Further company coverage:  GSJGn.DE  
 
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