Endor AG: After extending the bridging loans until June 30, 2024, the investor process for financial restructuring was initiated Landshut, April 24, 2024 – After extending the bridging loans until June 30, 2024, the Executive Board of Endor AG initiated a recapitalization process in coordination with the financing banks. Endor AG is in ongoing dis [ … ]

Endor AG: Andres Ruff appointed as new Chairman of the Management Board Landshut, April 15, 2024 – The Supervisory Board of Endor AG today appointed the current CRO, Mr. Andres Ruff, as the company's new Chairman and Chief Executive Officer (CEO) with immediate effect and granted him sole power of representation.     Notifying person: Matthias  [ … ]

Endor AG: Expansion of the company's Management Board: appointment of Mr. Andres Ruff as a new member of the Management Board Landshut, April 11, 2024 – The Supervisory Board of Endor AG has appointed Mr. Andres Ruff as a new member of the Executive Board with effect from April 12, 2024 until June 30, 2024 as CRO (Chief Restructuring Officer). Mr.  [ … ]

Endor AG: Confirmation on standstill agreement with lending banks Landshut, April 2, 2024 – The lending banks have confirmed to Endor AG that the suspensive conditions of the standstill agreement have been met and thus the bridge loans are extended until June 30, 2024. The standstill agreement is valid until June 30, 2024. Endor AG has committed to [ … ]

Landshut, March 28, 2024 – Dismissal of CEO Thomas Jackermeier Today, the supervisory board of Endor AG has decided on the dismissal of CEO Thomas Jackermeier, effective at the end of March 30, 2024, thereby fulfilling a key condition set by the lending banks for the extension of the standstill agreement until June 30, 2024.   Notifying person:  [ … ]

Endor AG: Negotiations on standstill agreement with lending banks Landshut, March 28, 2024 – Endor AG is in negotiations with lending banks regarding a standstill agreement until June 30, 2024 with regard to the existing loans. The standstill agreement is subject to conditions. The Endor Supervisory Board will discuss these conditions today and, if [ … ]

Endor AG sets revenue and earnings forecast for 2024 Landshut, February 2, 2024 – Endor AG announces its revenue and earnings forecast for 2024. The company expects consolidated revenue in the range of EUR 115 million to EUR 125 million in the current financial year, after generating an expected revenue in the range of EUR 102 million to EUR 106 mi [ … ]

Endor AG lowers revenue forecast and adjusts earnings forecast for 2023 Landshut, January 30, 2024 – Endor AG ("Endor") today adjusted its revenues and earnings forecast on group level for the 2023 financial year. The adjustment has been made as part of the current preparation of the 2023 annual financial statements. The Management Board of Endor  [ … ]