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DGAP-News: NANOGATE SE / Key word(s): Insolvency/Disposal20.12.2021 / 12:04 The issuer is solely...
DGAP-News: NANOGATE SE / Key word(s): Insolvency/Disposal20.12.2021 / 12:04 The issuer is solely responsible
DGAP-News: NANOGATE SE / Key word(s): Insolvency/Disposal Nanogate SE: Sale of Nanogate Electronic Systems GmbH agreed Göttelborn, Germany, December 20, 2021. Nanogate SE has today contractually agreed to sell its subsidiary Nanogate Electronic Systems GmbH (Neudörfl, Austria) to an investor. As part of the transaction, Nanogate is selling 100 percent of the shares in the Group's last remaining operating company. The purchase price, which has been agreed not to be disclosed, will go to the insolvency estate of Nanogate SE and will be used to satisfy creditors. The transaction is expected to be closed in the next few weeks. As a result, the Nanogate Group no longer has any operating business. As part of the insolvency in self-administration, it is planned to wind up and dissolve Nanogate SE and the subsidiaries that are also insolvent (liquidation). As already announced, trading in Nanogate shares on the Frankfurt Stock Exchange is expected to end at the close of trading on February 4, 2022. Contact Christian Dose/Susanne Horstmann | WMP EuroCom AG Nanogate SE | Zum Schacht 3 | 66287 Quierschied-Göttelborn Nanogate SE In June 2020, Nanogate SE filed for insolvency in self-administration (protective shield proceedings). As part of the restructuring, the core business and other subsidiaries were sold. It is planned to wind down and dissolve Nanogate SE and the subsidiaries that are also insolvent (liquidation). In this context, Nanogate SE's listing on the Basic Board of Frankfurt Stock Exchange is expected to be terminated with effect from the close of trading on February 4, 2022. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 20.12.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | ir@nanogate.com |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1260081 |
End of News | DGAP News Service |
DGAP-News: NANOGATE SE / Key word(s): Delisting/Insolvency04.11.2021 / 12:28 The issuer is solely...
DGAP-News: NANOGATE SE / Key word(s): Delisting/Insolvency04.11.2021 / 12:28 The issuer is solely responsible
DGAP-News: NANOGATE SE / Key word(s): Delisting/Insolvency Nanogate SE: Listing on the Basic Board of Frankfurt Stock Exchange is expected to end with the close of trading on February 4, 2022 Göttelborn, Germany, November 4, 2021. As already announced, Nanogate SE is ending its listing on the Basic Board of Frankfurt Stock Exchange and today terminated the corresponding contract with Deutsche Börse AG. Trading in Nanogate shares on the Frankfurt Stock Exchange is expected to end with the close of trading on February 4, 2022. It is currently not yet possible to foresee whether and on which other stock exchanges or trading platforms the shares will still be traded after this date. As part of the insolvency in self-administration, it is planned to wind up and dissolve Nanogate SE and the likewise insolvent subsidiaries (liquidation). In connection with the sale of its core business, Nanogate SE had already announced on May 8, 2021 and June 30, 2021 (please note the corresponding ad hoc and press releases) that the stock exchange listing would end due to the imminent liquidation. The ordinary termination of the listing on the Basic Board took place today against the background that Nanogate cannot meet the transparency requirements of the market segment on time due to the insolvency. In accordance with Section 30 (3) of the General Terms and Conditions of Deutsche Börse AG for the Freiverkehr Market on the Frankfurt Stock Exchange, trading in securities whose inclusion has been terminated can be suspended in the Basic Board at the end of the notice period. The cessation of trading and the exact date will be announced by the management of Frankfurt Stock Exchange on the website at www.deutsche-boerse.com. Contact Christian Dose/Susanne Horstmann | WMP EuroCom AG Nanogate SE | Zum Schacht 3 | 66287 Quierschied-Göttelborn Nanogate SE In June 2020, Nanogate SE filed for insolvency under self-administration (protective shield proceedings). As part of the restructuring, the core business and other subsidiaries were sold. It is planned to wind up and dissolve Nanogate SE and the likewise insolvent subsidiaries (liquidation). In this context, Nanogate SE's listing on the Basic Board of Frankfurt Stock Exchange is expected to be terminated with effect from the close of trading on February 4, 2022.
Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 04.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | ir@nanogate.com |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1246259 |
End of News | DGAP News Service |
DGAP-News: NANOGATE SE / Key word(s): Insolvency/Disposal 30.06.2021 / 19:26 The issuer is solely...
DGAP-News: NANOGATE SE / Key word(s): Insolvency/Disposal 30.06.2021 / 19:26 The issuer is solely responsible
DGAP-News: NANOGATE SE / Key word(s): Insolvency/Disposal Nanogate SE: Divestment of core business to Techniplas Group successfully completed Göttelborn, Germany, June 30, 2021. Nanogate SE has completed the sale of its core business to the US-based Techniplas Group announced on 8 May 2021 ("closing"). In this context, Göttelborn will become the headquarters of the European business for the newly created group, which will in future operate as Techniplas NAG GmbH. As part of the transaction, Techniplas acquired the essential assets of Nanogate SE and the insolvent subsidiaries Nanogate Management Services GmbH, Nanogate NRW GmbH, Nanogate PD Systems GmbH and Nanogate Neunkirchen GmbH by way of so-called asset deals, as well as the equity holdings in non-insolvent subsidiaries (including Nanogate North America LLC, Nanogate heT Engineering GmbH, Nanogate Netherlands B.V., Nanogate Schwäbisch Gmünd GmbH, Nanogate Slovakia s.r.o.) by way of share deals. The purchase price (in EUR) is in the mid-double-digit million range and will be used exclusively to serve the claims of creditors of Nanogate SE and the other insolvent Group companies as part of the ongoing insolvency proceedings in self-administration. Nanogate SE is still in advanced negotiations with potential investors for the remaining non-core subsidiary Nanogate Electronic Systems GmbH (Austria). Apart from the subsidiary in Austria, Nanogate SE has no further operating business. As part of the insolvency in self-administration, it is planned to dissolve and liquidate Nanogate SE and its subsidiaries, which are also insolvent. In this context, as also announced on 8 May 2021, Nanogate SE's listing on the Basic Board of the Frankfurt Stock Exchange is to be terminated. Contact Christian Dose/Susanne Horstmann | WMP EuroCom AG Nanogate SE | Zum Schacht 3 | 66287 Quierschied-Göttelborn Nanogate SE Nanogate SE applied for insolvency in self-administration (protective shield proceedings) in June 2020. The core business and other subsidiaries were sold as part of the restructuring. It is planned to wind up and liquidate Nanogate SE and its subsidiaries, which are also insolvent. In this context, as announced, Nanogate SE's listing on the Basic Board of the Frankfurt Stock Exchange would be terminated. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 30.06.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | ir@nanogate.com |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1214059 |
End of News | DGAP News Service |
DGAP-News: NANOGATE SE / Key word(s): Insolvency/Disposal20.05.2021 / 18:21 The issuer is solely...
DGAP-News: NANOGATE SE / Key word(s): Insolvency/Disposal20.05.2021 / 18:21 The issuer is solely responsible
DGAP-News: NANOGATE SE / Key word(s): Insolvency/Disposal Nanogate SE divests Nanogate Textile & Care Systems GmbH Göttelborn, Germany, May 20, 2021. Nanogate SE has successfully divested its subsidiary Nanogate Textile & Care Systems GmbH as part of a management buyout. The subsidiary develops, manufactures and sells products primarily in the shoe and textile care sector. As part of the Group's restructuring strategy, it is no longer part of the core business. The buyer is Benzy Verwaltung GmbH, whose managing partners Holger Zytur and Salah Bendjaballah are long-standing managers at Nanogate Textile & Care Systems GmbH. The current six employees will continue to be employed by Nanogate Textile & Care Systems GmbH. In the future, the Nanogate Group and Nanogate Textile & Care Systems GmbH will work closely together, for example in the area of production. The transaction will take economic effect on 1 January 2021. The purchase price will be used to service claims by secured bank creditors of Nanogate SE as part of the ongoing insolvency proceedings in self-administration. Nanogate SE had already agreed to sell significant parts of its core business to the US-based Techniplas Group on 8 May 2021 (see announcement dated 8 May 2021). Furthermore, negotiations regarding the sale of Nanogate Electronic Systems GmbH are still ongoing. Contact Christian Dose/Susanne Horstmann | WMP EuroCom AG Nanogate SE | Zum Schacht 3 | 66287 Quierschied-Göttelborn Nanogate SE Nanogate is a leading global technology company for design-oriented, multi-functional components and surfaces. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. non-stick, scratch-proof, anti-corrosive). Nanogate services many of the largest, global blue-chip automotive customers. Nanogate filed for insolvency in self-administration (protective shield proceedings) in June 2020 and agreed to sell significant parts of its core business to the US-based Techniplas Group in May 2021. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 20.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | ir@nanogate.com |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1199094 |
End of News | DGAP News Service |
NANOGATE SE / Key word(s): Insolvency/DisposalNanogate SE: Sale of the core business (transferring...
NANOGATE SE / Key word(s): Insolvency/DisposalNanogate SE: Sale of the core business (transferring restructuring)
NANOGATE SE / Key word(s): Insolvency/Disposal Nanogate SE: Sale of the core business (transferring restructuring) to Techniplas Group
Göttelborn, May 8, 2021. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, which is in insolvency proceedings with self-administration, today agreed ("signing") to sell its core business to the US based Techniplas Group. Techniplas takes over the essential assets of Nanogate SE and the insolvent subsidiaries Nanogate Management Services GmbH, Nanogate NRW GmbH, Nanogate PD Systems GmbH and Nanogate Neunkirchen GmbH by way of asset deals as well as the shareholdings in the non-insolvent core business subsidiaries (including Nanogate North America LLC, Nanogate heT Engineering GmbH, Nanogate Netherlands BV, Nanogate Schwäbisch Gmünd GmbH, Nanogate Slovakia s.r.o.) by way of share deals. The purchase price (in Euro) is in the mid double-digit million range and is used entirely to service claims of creditors of Nanogate SE and the other insolvent group companies in the context of the ongoing insolvency proceedings in self-administration. The implementation of the transaction is still subject to the occurrence of various conditions. For the remaining subsidiaries Nanogate Textile & Care Systems GmbH and Nanogate Electronic Systems GmbH, Nanogate SE is at an advanced stage of negotiations with investors about a separate sale. After the sales have become legally effective ("closing"), Nanogate SE and the five other insolvent group companies would remain as companies with neither operating business nor operating investments. They would then be wound up and dissolved and the listing of Nanogate SE would end. Reporting Party: Götz Gollan, CFO Nanogate SE Information and Explanation of the Issuer to this News: Contact: Christian Dose/Susanne Horstmann | WMP EuroCom AG Nanogate SE | Zum Schacht 3 | 66287 Quierschied-Göttelborn Techniplas: Techniplas is a global provider of highly engineered plastic components, primarily for the automotive sector as well as industrial, consumer, medical, and other markets. The Company's products align with industry trends, including vehicle light weighting and electrification and an increasing focus on comfort and safety. Techniplas serves global customers and platforms with a focus on technology expertise, design and engineering collaboration with customers. Techniplas maintains long-term relationships with many of the world's leading automotive and industrial OEMs. Nanogate: Nanogate is a leading global technology company for design-oriented, multi-functional components and surfaces. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. non-stick, scratch-proof, anti-corrosive). Nanogate services many of the largest, global blue-chip automotive customers. Nanogate filed for insolvency in self-administration (protective shield) proceedings in June 2020. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the 'Shares') may not be offered or sold in the United States or to or for the account or benefit of 'U.S. persons' (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act')). No offer or sale of transferable securities is being made to the public. 08-May-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | ir@nanogate.com |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1194211 |
End of Announcement | DGAP News Service |
NANOGATE SE / Key word(s): Insolvency/PersonnelNanogate SE: Martin Hendricks joins the Board of...
NANOGATE SE / Key word(s): Insolvency/PersonnelNanogate SE: Martin Hendricks joins the Board of Management
NANOGATE SE / Key word(s): Insolvency/Personnel Nanogate SE: Martin Hendricks joins the Board of Management from the Supervisory Board
Göttelborn, Germany, April 30, 2021. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, will continue to be led by Martin Hendricks as CEO. The Supervisory Board of Nanogate SE appointed Mr. Hendricks, with the approval of the insolvency monitor Justizrat Günter Staab, as Chairman of the Board of Management for the period from June 1, 2021 to August 31, 2021, having already been delegated to the Board of Management from the Supervisory Board since June 2020. In this context, Mr. Hendricks resigned from his position as member of the Supervisory Board with effect from May 31, 2021, which had already been dormant during his delegation. In addition, the Board of Management of Nanogate SE continues to include Götz Gollan (CFO) and Robert Wittmann (COO). Reporting Party: Götz Gollan, CFO Nanogate SE Information and Explanation of the Issuer to this News: Contact: Christian Dose/Susanne Horstmann | WMP EuroCom AG Nanogate SE | Zum Schacht 3 | 66287 Quierschied-Göttelborn Nanogate: Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,550 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan 'Reinventing the Possible', Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the 'Shares') may not be offered or sold in the United States or to or for the account or benefit of 'U.S. persons' (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act')). No offer or sale of transferable securities is being made to the public. 30-Apr-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | ir@nanogate.com |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1191378 |
End of Announcement | DGAP News Service |
NANOGATE SE / Key word(s): Insolvency/PersonnelNanogate SE: Stepping Down of the Chairman of the...
NANOGATE SE / Key word(s): Insolvency/PersonnelNanogate SE: Stepping Down of the Chairman of the Supervisory
NANOGATE SE / Key word(s): Insolvency/Personnel Nanogate SE: Stepping Down of the Chairman of the Supervisory Board and Other Members of the Supervisory Board
Göttelborn, Germany, April 14, 2021. The Chairman of the Supervisory Board of Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, and other members of the Supervisory Board today declared their intention to resign from their mandates prematurely. The resignation of the Chairman of the Supervisory Board, Klaus-Günter Vennemann, as well as the resignations of the other members of the Supervisory Board, Dr. Farsin Yadegardjam (Vice Chairman), Dr. Clemens M. Doppler, Dr. Peter Merten and Oliver Schumann, shall each take effect as of April 30, 2021. The Supervisory Board mandate of Martin Hendricks as the remaining member of the Supervisory Board after this is currently suspended due to his appointment to the Executive Board of Nanogate SE as CEO Reporting Party: Götz Gollan, CFO Nanogate SE Information and Explanation of the Issuer to this News: Contact: Christian Dose/Susanne Horstmann | WMP EuroCom AG Nanogate SE | Zum Schacht 3 | 66287 Quierschied-Göttelborn Nanogate: Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,550 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan 'Reinventing the Possible', Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the 'Shares') may not be offered or sold in the United States or to or for the account or benefit of 'U.S. persons' (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act')). No offer or sale of transferable securities is being made to the public. 14-Apr-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | ir@nanogate.com |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1184782 |
End of Announcement | DGAP News Service |
DGAP-News: NANOGATE SE / Key word(s): Insolvency/Miscellaneous23.03.2021 / 14:06 The issuer is...
DGAP-News: NANOGATE SE / Key word(s): Insolvency/Miscellaneous23.03.2021 / 14:06 The issuer is solely
DGAP-News: NANOGATE SE / Key word(s): Insolvency/Miscellaneous Nanogate SE: Xetra trading of Nanogate share expired - tradability of the share on other stock exchanges secured The Xetra listing, on the other hand, has expired. The background to this is that the Nanogate share - like many other stocks - is no longer classified as CCP-capable by EUREX Clearing. Nanogate therefore no longer has a Designated Sponsor. Contact Christian Dose/Susanne Horstmann | WMP EuroCom AG Nanogate SE | Zum Schacht 3 | 66287 Quierschied-Göttelborn Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,550 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan "Reinventing the Possible", Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 23.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | ir@nanogate.com |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1177613 |
End of News | DGAP News Service |
DGAP-News: NANOGATE SE / Key word(s): Insolvency/Disposal
05.03.2021 / 16:51 The issuer is solely...
DGAP-News: NANOGATE SE / Key word(s): Insolvency/Disposal
05.03.2021 / 16:51 The issuer is solely responsible
DGAP-News: NANOGATE SE / Key word(s): Insolvency/Disposal Nanogate SE: Divestment of Nanogate Medical Systems GmbH Göttelborn, Germany, March 5, 2021. The management of Nanogate Medical Systems GmbH has agreed today, with the consent of the parent company's creditors' committee, the sale of the company to Walter Potthoff GmbH by way of an asset deal The medical technology company, a member of Nanogate Group, is not part of the core business of the Group's restructuring strategy. The sale is structured as an asset deal, in which essential assets are transferred to the buyer. The transaction is planned to be completed until the end of March 2021. The purchase price serves to satisfy creditors of Nanogate SE in the context of the ongoing insolvency proceedings under self-administration. With regard to the sale of its core business and other subsidiaries, Nanogate is in negotiations with various investors. For information on the possible effects of such transactions on the shareholders of Nanogate SE, please refer to the ad hoc announcement of October 23, 2020. Contact Christian Dose/Susanne Horstmann | WMP EuroCom AG Nanogate SE | Zum Schacht 3 | 66287 Quierschied-Göttelborn Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,550 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan "Reinventing the Possible", Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 05.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | ir@nanogate.com |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1173636 |
End of News | DGAP News Service |
DGAP-News: NANOGATE SE / Key word(s): Insolvency/Disposal
26.02.2021 / 15:23 The issuer is solely...
DGAP-News: NANOGATE SE / Key word(s): Insolvency/Disposal
26.02.2021 / 15:23 The issuer is solely responsible
DGAP-News: NANOGATE SE / Key word(s): Insolvency/Disposal Nanogate SE: Divestment of Nanogate Kierspe GmbH Göttelborn, Germany, February 26, 2021. The self-administration of the insolvent Nanogate Kierspe GmbH has agreed today, with the consent of the company's creditors' committee, the sale of the company to the management of the subsidiary by way of an asset deal The company is a subsidiary of Nanogate SE and is not part of the core business of the Group's restructuring strategy. The sale is structured as an asset deal, in which essential assets are transferred to the Goletz GmbH, which will continue the business. The transaction is planned to be completed by the beginning of March 2021. The purchase price serves to satisfy the creditors of Nanogate Kierspe GmbH in the context of the ongoing insolvency proceedings under self-administration. With regard to the sale of its core business and other subsidiaries, Nanogate is in negotiations with various investors. For information on the possible effects of such transactions on the shareholders of Nanogate SE, please refer to the ad hoc announcement of October 23, 2020. Contact Christian Dose/Susanne Horstmann | WMP EuroCom AG Nanogate SE | Zum Schacht 3 | 66287 Quierschied-Göttelborn Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan "Reinventing the Possible", Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 26.02.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | ir@nanogate.com |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1171643 |
End of News | DGAP News Service |
DGAP-News: NANOGATE SE / Key word(s): Insolvency 04.11.2020 / 17:30 The issuer is solely responsible...
DGAP-News: NANOGATE SE / Key word(s): Insolvency 04.11.2020 / 17:30 The issuer is solely responsible for
DGAP-News: NANOGATE SE / Key word(s): Insolvency Nanogate: First meeting of creditors confirms self-administration Göttelborn, Germany, November 4, 2020.The first meeting of creditors (as a reporting and auditing meeting) of Nanogate SE today approved the continuation of the company's self-administration in the ongoing insolvency proceedings. Justice Counsellor Günter Staab was also confirmed as insolvency monitor. New appointments to the creditors' committee were also decided. Following the meeting of creditors of Nanogate SE, the corresponding reporting and auditing meetings of the subsidiaries Nanogate Management Services GmbH, Nanogate PD Systems GmbH, Nanogate Neunkirchen GmbH, Nanogate Kierspe GmbH and Nanogate NRW GmbH took place. Here, too, both the company's self-administration and the insolvency monitor were confirmed. Business operations continue to run unchanged and undiminished at the locations concerned. Contact Christian Dose/Volker Siegert | WMP Finanzkommunikation GmbH Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan "Reinventing the Possible", Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 04.11.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | ir@nanogate.com |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1145587 |
End of News | DGAP News Service |
NANOGATE SE / Key word(s): Insolvency
Nanogate SE: Change to the Basic Board of the Frankfurt...
NANOGATE SE / Key word(s): Insolvency
Nanogate SE: Change to the Basic Board of the Frankfurt Stock Exchange28-Oct-2020
NANOGATE SE / Key word(s): Insolvency Nanogate SE: Change to the Basic Board of the Frankfurt Stock Exchange Göttelborn, October 28, 2020. The trading of the shares in Nanogate SE in the Scale segment will end with extraordinary termination by Deutsche Börse AG at the end of October 28, 2020. From October 29, 2020, the shares will be listed in the Basic Board segment. This ensures the continued tradability of the Nanogate share. The termination is based on the fact that the audited annual financial statements and management report 2019 have not yet been submitted. Due to the ongoing insolvency proceedings, probably until the decision on the insolvency plan, the consolidated financial statements and various individual financial statements of group companies for the financial year ended December 31, 2019 cannot be finalized and audited. It is therefore not possible to adhere to the corresponding transparency obligations of the Scale segment. Furthermore, the insolvency proceedings opened on September 1, 2020 represent an additional reason for an extraordinary termination. Reporting Party: Götz Gollan, CFO Nanogate SE Information and Explanation of the Issuer to this News: Contact Christian Dose/Volker Siegert | WMP Finanzkommunikation GmbH Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan 'Reinventing the Possible', Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the 'Shares') may not be offered or sold in the United States or to or for the account or benefit of 'U.S. persons' (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act')). No offer or sale of transferable securities is being made to the public. 28-Oct-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | ir@nanogate.com |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1143568 |
End of Announcement | DGAP News Service |
NANOGATE SE / Key word(s): InsolvencyNanogate SE: Implementation of an investor process parallel to...
NANOGATE SE / Key word(s): InsolvencyNanogate SE: Implementation of an investor process parallel to the
NANOGATE SE / Key word(s): Insolvency Nanogate SE: Implementation of an investor process parallel to the insolvency plan procedure - indicative participation and takeover offers from investors received Göttelborn, October 23, 2020. Nanogate SE ("Company"), a leading global technology company for design-oriented, multifunctional components and surfaces, is currently conducting a structured, competitive process to acquire an investor who will participate in the targeted restructuring of the group, parallel to the ongoing insolvency proceedings. The company has received indicative expressions of interest from investors for the continuation of a substantial part of the business operations of the group of companies through the takeover of the company or major subsidiaries and other assets. The offers are not yet binding. The interested parties are domestic and foreign strategic investors and investment companies. All expressions of interest provide for the continuation of the Group's core business and can basically be divided into two categories: Some of the interested parties are considering taking a significant stake in Nanogate SE or a full takeover as part of a capital reduction followed by a capital increase. The inflow of funds from the capital increase would be used to finance the Group's future business and to (proportionally) satisfy the claims of creditors, i.e. also benefit the insolvency estate. With this model, the previous participation of the existing shareholders would be massively diluted or (in case of a capital reduction to zero) terminated. Other interested parties, on the other hand, are striving to acquire the essential subsidiaries and assets from Nanogate SE and a corresponding spin-off from the Nanogate Group. The core business would then be continued in a new company that would be the sole property of the potential investor. In return, the investor would pay a certain purchase price to Nanogate SE, which would be used in particular to service the insolvency quota. The other holdings and assets still remaining with Nanogate SE would also be sold. The proceeds of these measures would primarily be used to satisfy the company's creditors. Nanogate SE would ultimately remain as a company without any operating business. Nanogate will now examine and evaluate the non-binding expressions of interest in detail and negotiate them. Reporting Party: Götz Gollan, CFO Nanogate SE Information and Explanation of the Issuer to this News: Contact Christian Dose/Volker Siegert | WMP Finanzkommunikation GmbH Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan 'Reinventing the Possible', Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the 'Shares') may not be offered or sold in the United States or to or for the account or benefit of 'U.S. persons' (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act')). No offer or sale of transferable securities is being made to the public. 23-Oct-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | ir@nanogate.com |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1142773 |
End of Announcement | DGAP News Service |
DGAP-News: NANOGATE SE / Key word(s): Insolvency 04.09.2020 / 12:38 The issuer is solely responsible...
DGAP-News: NANOGATE SE / Key word(s): Insolvency 04.09.2020 / 12:38 The issuer is solely responsible for
DGAP-News: NANOGATE SE / Key word(s): Insolvency Nanogate: Meeting of creditors on November 4, 2020 - Insolvency proceedings opened on September 1, 2020 - Striving to continue the group and keep as many jobs as possible - Operating business continues unchanged - Attorney Günter Staab confirmed as insolvency monitor - New short financial year since September 1, 2020
The court confirmed the previous provisional insolvency monitor, Justice Councillor Günter Staab, in his function. With the opening of the insolvency proceedings, creditors can now file their claims to the insolvency table. Completion of the annual financial statements for the 2019 fiscal year and the finalization of the audit of these financial statements will become possible only after the insolvency plan has been submitted. With the opening of the insolvency proceedings, an abbreviated fiscal year from January 1 to August 31, 2020, ended and a new short fiscal year began on September 1, 2020. Contact Christian Dose/Volker Siegert | WMP Finanzkommunikation GmbH Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan "Reinventing the Possible", Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 04.09.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | ir@nanogate.com |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1127645 |
End of News | DGAP News Service |
- Aim is debtor-in-possession restructuring
- Operations ongoing at all sites
- Main goal:...
- Aim is debtor-in-possession restructuring
- Operations ongoing at all sites
- Main goal: Ensuring the permanent security of as many jobs as possible by future-proofing the Group
- Restructuring expert Matthias Bayer and attorney Franz J. Abel appointed as chief representatives
- Attorney Günter Staab appointed as (provisional) insolvency monitor
Göttelborn, Germany, June 23, 2020. The Management Board of Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, and the respective management of subsidiaries Nanogate Management Services GmbH, Nanogate PD Systems GmbH, Nanogate Neunkirchen GmbH, Nanogate Kierspe GmbH and Nanogate NRW GmbH have each filed for protective shield proceedings in self-administration (pursuant to Section 270b of the Insolvency Code) at the Saarbrücken district court. This does not affect the other German sites in Schwäbisch Gmünd and Böblingen or the international subsidiaries in Slovakia, the Netherlands and the USA.
Now, the management will develop the restructuring measures together with restructuring expert Matthias Bayer and attorney Franz Abel (from law office Abel und Kollegen). Both have substantial experience, particularly in the area of protective shield proceedings. Employees, works councils, banks, customers and all creditors will be fully involved. In the case of debtor-in-possession management, the Management Board and respective management will remain in full capacity to act. Attorney Günter Staab (from law office Staab und Kollegen) has been appointed by the Saarbrücken district court as provisional insolvency monitor.
“This process allows Nanogate to develop and implement a viable plan within the next three months for the maintenance and restructuring of the affected sites as part of debtor-in-possession management. The goal is to keep as many as possible of the 1,800 jobs across the Group and to reorganize the company to be profitable in the long term. The business model is mainly sustainable and includes a variety of target markets,” says representative Matthias Bayer. “However, in view of the significant automotive share, it is susceptible to short-term economic effects, primarily as a result of the coronavirus crisis,” adds second representative Franz Abel.
“Nanogate opted for protective shield proceedings in self-administration because this will create the conditions for the rapid and sustainable restructuring of the business in a difficult market environment. Operations will continue at full capacity and we are committed to ensuring that customers and business partners continue to experience the usual reliability of delivery and high quality of products. Nanogate is well positioned for the requirements of our target markets and has well-known customers in promising business sectors,” says CEO Martin Hendricks.
The wages and salaries of employees are initially guaranteed with the insolvency money until the end of August of 2020.
The approval of protective shield proceedings is only possible if a company is threatened with insolvency but is not yet insolvent and can be restructured.
NANOGATE SE / Key word(s): InsolvencyNanogate SE files for protective shield proceeding22-Jun-2020 /
NANOGATE SE / Key word(s): InsolvencyNanogate SE files for protective shield proceeding22-Jun-2020 /
NANOGATE SE / Key word(s): Insolvency Nanogate SE files for protective shield proceeding Göttelborn, Germany, June 22, 2020. The negotiations between Nanogate SE and its Group financing banks on the financing concept for the compensation of COVID-19 pandemic-related liquidity needs have failed. Nanogate SE will therefore file for bankruptcy in self-administration ("protective shield proceeding") with the relevant district court immediately due to its imminent insolvency, with the aim of restructuring the company as part of the ongoing restructuring process. The negotiated financing concept essentially comprised a significant postponement of principal payments for existing bank loans. Because an agreement was not reached, an essential prerequisite for the long-term financing of the Group and securing its status as a going concern has not been met. The principal payments to be made without postponement and the resulting extraordinary termination rights from loan and promissory note loan agreements will lead to imminent insolvency. The protective shield proceedings shall apply to the parent company Nanogate SE and the subsidiaries Nanogate Management Services GmbH, Nanogate Kierspe GmbH, Nanogate NRW GmbH, Nanogate PD Systems GmbH and Nanogate Neunkirchen GmbH. Reporting party: Götz Gollan, CFO Nanogate SE
Information and Explanation of the Issuer to this News: Contact Christian Dose/Volker Siegert | WMP Finanzkommunikation GmbH Nanogate SE
Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan 'Reinventing the Possible', Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the 'Shares') may not be offered or sold in the United States or to or for the account or benefit of 'U.S. persons' (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act')). No offer or sale of transferable securities is being made to the public. 22-Jun-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1075283 |
End of Announcement | DGAP News Service |
Göttelborn, Germany, June 5, 2020. The Supervisory Board of Nanogate SE today decided to temporarily delegate Martin Hendricks, Deputy Chairman of the Company’s Supervisory Board and Chairman of the HR Committee, to the Management Board of the Company as CEO for a period of one year. Martin Hendricks will take over as CEO on the Management Board, which currently includes Götz Gollan (CFO) and Robert Wittmann (COO), on 8 June 2020.
With the strengthening of the Management Board by Martin Hendricks, who has many years of experience as a top executive in various international groups, particularly in the automotive supply business (e.g. at Tenneco Inc., Lake Forest, Illinois/USA and Federal Mogul Motorparts, Southfield, Michigan/USA), the restructuring process of the Group within the framework of NXI-Plus is to be further accelerated.
Klaus-Günter Vennemann, Supervisory Board Chairman of Nanogate SE: “Nanogate is undergoing an extensive transformation process and is also engaged in constructive negotiations to secure its financing, so we are pleased to have Martin Hendricks supporting us as temporary CEO. With his expertise in international automotive management, he will join the current Management Board team of Götz Gollan and Robert Wittmann for the next twelve months. Together they will be the driving force behind Nanogate’s realignment.”
DGAP-News: NANOGATE SE / Key word(s): Personnel05.06.2020 / 11:11 The issuer is solely responsible...
DGAP-News: NANOGATE SE / Key word(s): Personnel05.06.2020 / 11:11 The issuer is solely responsible for
DGAP-News: NANOGATE SE / Key word(s): Personnel Nanogate SE: Delegation of Martin Hendricks as CEO Göttelborn, Germany, June 5, 2020. The Supervisory Board of Nanogate SE today decided to temporarily delegate Martin Hendricks, Deputy Chairman of the Company's Supervisory Board and Chairman of the HR Committee, to the Management Board of the Company as CEO for a period of one year. Martin Hendricks will take over as CEO on the Management Board, which currently includes Götz Gollan (CFO) and Robert Wittmann (COO), on 8 June 2020. With the strengthening of the Management Board by Martin Hendricks, who has many years of experience as a top executive in various international groups, particularly in the automotive supply business (e.g. at Tenneco Inc., Lake Forest, Illinois/USA and Federal Mogul Motorparts, Southfield, Michigan/USA), the restructuring process of the Group within the framework of NXI-Plus is to be further accelerated. Klaus-Günter Vennemann, Supervisory Board Chairman of Nanogate SE: "Nanogate is undergoing an extensive transformation process and is also engaged in constructive negotiations to secure its financing, so we are pleased to have Martin Hendricks supporting us as temporary CEO. With his expertise in international automotive management, he will join the current Management Board team of Götz Gollan and Robert Wittmann for the next twelve months. Together they will be the driving force behind Nanogate's realignment." Contact Christian Dose | WMP Finanzkommunikation GmbH Nanogate SE Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan "Reinventing the Possible", Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 05.06.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1064003 |
End of News | DGAP News Service |
NANOGATE SE / Key word(s): PersonnelNanogate SE: Delegation of Martin Hendricks as CEO 05-Jun-2020 /
NANOGATE SE / Key word(s): PersonnelNanogate SE: Delegation of Martin Hendricks as CEO 05-Jun-2020 /
NANOGATE SE / Key word(s): Personnel Nanogate SE: Delegation of Martin Hendricks as CEO Göttelborn, Germany, June 5, 2020. The Supervisory Board of Nanogate SE today decided to temporarily delegate Martin Hendricks, Deputy Chairman of the Company's Supervisory Board and Chairman of the HR Committee, to the Management Board of the Company as CEO for a period of one year. Martin Hendricks will take over as CEO on the Management Board, which currently includes Götz Gollan (CFO) and Robert Wittmann (COO), on 8 June 2020. With the strengthening of the Management Board by Martin Hendricks, who has many years of experience as a top executive in various international groups, particularly in the automotive supply business (e.g. at Tenneco Inc., Lake Forest, Illinois/USA and Federal Mogul Motorparts, Southfield, Michigan/USA), the restructuring process of the Group within the framework of NXI-Plus is to be further accelerated. Reporting party: Götz Gollan, CFO Nanogate SE
Information and Explanation of the Issuer to this News: Contact Christian Dose | WMP Finanzkommunikation GmbH Nanogate SE Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan 'Reinventing the Possible', Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the 'Shares') may not be offered or sold in the United States or to or for the account or benefit of 'U.S. persons' (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act')). No offer or sale of transferable securities is being made to the public. 05-Jun-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1063969 |
End of Announcement | DGAP News Service |
NANOGATE SE / Key word(s): FinancingNanogate SE Modifies Restructuring Plan25-May-2020 / 18:21...
NANOGATE SE / Key word(s): FinancingNanogate SE Modifies Restructuring Plan25-May-2020 / 18:21 CET/CESTDisclosure
NANOGATE SE / Key word(s): Financing Nanogate SE Modifies Restructuring Plan Göttelborn, Germany, May 25, 2020. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, has adjusted its compensation plan for COVID-19 pandemic-related liquidity needs in coordination with the financing banks. Instead of significant further debt through KfW loans, the company is now negotiating first and foremost a suspension of repayments for existing bank loans. According to the current analysis of the Group's debt situation and a detailed risk evaluation, the liquidity needs caused by the COVID-19 pandemic are now to be met mainly by significantly postponing repayments for existing bank liabilities. The raising of KfW funds as additional loans will play only a minor role if at all. Nanogate is in close discussion with the lending banks to achieve a timely consensus. This is necessary for the long-term financing of the Group and the security of the going concern. On the basis of a corresponding continuation forecast, the audit of the annual financial statements and the consolidated financial statements is to be completed for the 2019 fiscal year with the aim of publishing the financial statements by the end of June, 2020. The Management Board is also engaged in concrete discussions and negotiations with regard to the sale of assets, particularly small subsidiaries with downstream strategic significance. These measures are part of the plan decided on in November 2019 to restructure the Group with the goal of reducing net debt. The Management Board is constantly, extensively monitoring the situation and will adopt further measures if necessary. Nanogate will inform the capital market, as required by law, about further developments. Reporting party: Götz Gollan, CFO Nanogate SE
Information and Explanation of the Issuer to this News: Contact Christian Dose | WMP Finanzkommunikation GmbH Nanogate SE Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan 'Reinventing the Possible', Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the 'Shares') may not be offered or sold in the United States or to or for the account or benefit of 'U.S. persons' (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act')). No offer or sale of transferable securities is being made to the public. 25-May-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1054887 |
End of Announcement | DGAP News Service |
NANOGATE SE / Key word(s): Financing/Banking SyndicateNanogate Arranges for Extension of Covenant...
NANOGATE SE / Key word(s): Financing/Banking SyndicateNanogate Arranges for Extension of Covenant Suspension15-Apr-2020
NANOGATE SE / Key word(s): Financing/Banking Syndicate Nanogate Arranges for Extension of Covenant Suspension Göttelborn, Germany, April 15, 2020. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, has agreed today with the lending banks on an extension of the suspension of the leverage covenant of the syndicated loan agreement of May 2018 until August 31, 2020. The interest margin will remain unchanged during this time. The agreement on the further covenant suspension includes certain conditional measures that are intended to compensate for the liquidity needs caused by the COVID-19 pandemic and to sustainably improve the general liquidity situation of the Group. The syndicate banks and Nanogate will continue to work together in a constructive, active and solution-oriented manner with the aim of adjusting credit contracts for the longer term. Reporting party: Götz Gollan, CFO Nanogate SE Information and Explanation of the Issuer to this News: Contact Christian Dose | WMP Finanzkommunikation GmbH Nanogate SE Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan 'Reinventing the Possible', Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the 'Shares') may not be offered or sold in the United States or to or for the account or benefit of 'U.S. persons' (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act')). No offer or sale of transferable securities is being made to the public. 15-Apr-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1022517 |
End of Announcement | DGAP News Service |
NANOGATE SE / Key word(s): Profit Warning/FinancingNanogate Expects Significant Negative Effects...
NANOGATE SE / Key word(s): Profit Warning/FinancingNanogate Expects Significant Negative Effects From
NANOGATE SE / Key word(s): Profit Warning/Financing Nanogate Expects Significant Negative Effects From the Coronavirus Pandemic and Applies for Financial Aid from KfW Promotional Bank Göttelborn, Germany, March 19, 2020. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, is expecting the coronavirus pandemic to have significant negative effects on sales, earnings and liquidity in the 2020 fiscal year. To ensure the continued existence of the Group, Nanogate is applying for financial aid from the promotional bank KfW and is planning considerable cost cutting, including government-subsidized short-time work. It is not yet possible to assess the full extent of the effects of the coronavirus pandemic on Nanogate's sales, earnings and liquidity. At the same time, the Management Board assumes that sales and EBITDA in the 2020 fiscal year will fall significantly below the figures from 2019 (see publication of the preliminary, as-yet unaudited figures for 2019 from March 17, 2020) and that the liquidity situation will become even tighter. The expected decline in sales will mostly result from production stops from automotive manufacturers and flagging sales for nearly all customers and products. Nanogate is thus applying for financial aid from the promotional bank KfW in order to ensure the continued existence of the Group. In addition, personnel and material costs are to be cut considerably, for example through the announcement of government-subsidized short-time work and limited employment of temporary workers. Temporary plant closures can also not be ruled out. The Management Board is constantly, extensively monitoring the situation and will adopt further measures if necessary. Nanogate will inform the capital market, as required by law, about further developments. Reporting party: Götz Gollan, CFO Nanogate SE End of ad hoc announcement Contact Christian Dose | WMP Finanzkommunikation GmbH Nanogate SE
Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan "Reinventing the Possible", Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 19-March-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1002011 |
End of Announcement | DGAP News Service |
DGAP-News: NANOGATE SE / Key word(s): Preliminary Results17.03.2020 / 10:26 The issuer is solely...
DGAP-News: NANOGATE SE / Key word(s): Preliminary Results17.03.2020 / 10:26 The issuer is solely responsible
DGAP-News: NANOGATE SE / Key word(s): Preliminary Results Nanogate Publishes Preliminary Figures for 2019 - Group sales increase to more than EUR 242 million in 2019 - At over EUR 8 million, EBITDA is at the lower end of the earnings forecast - Consolidated net income of around EUR -14 million - Cash and cash equivalents of over EUR 23 million - Equity ratio of around 30 percent Göttelborn, Germany, March 17, 2020. According to preliminary figures, Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, has achieved an EBITDA of more than EUR 8 million, meeting the lower end of its earnings forecast. At EUR 242 million, the sales target was nearly reached. Based on preliminary, unaudited figures, Group sales in the 2019 fiscal year increased slightly to more than EUR 242 million (previous year: EUR 239.2 million), almost reaching the adjusted forecast of EUR 245 to 250 million. This development is primarily the result of the once again weaker demand from our mobility division customers at the end of the year. The operating result (EBITDA) stands at more than EUR 8 million (previous year: EUR 24.2 million) and is at the lower end of the forecast, which was lowered in November 2019 to EUR 8 to 11 million. EBITDA has been affected by the influential factors we have already disclosed (project start-ups, operational weaknesses, market development, NXI expenses), as well as by the one-off effects of year-end adjustments, e.g. valuation of inventories and receivables, in the amount of around EUR 2 million. As expected, the consolidated net income amounts to roughly EUR -14 million (previous year: EUR 1.4 million). It includes one-off special amortizations of intangible assets (brands) of around EUR 4 million and one-off income in the financial result from the adjustment of purchase price liabilities amounting to more than EUR 10 million. As of the end of the reporting period, cash and cash equivalents amounted to more than EUR 23 million (previous year: EUR 38.2 million). The equity ratio is around 30 percent (previous year: 33.2 percent). The Group is still in constructive talks with the lending banks regarding the sustainable adjustment of existing financing agreements. In light of the uncertainties currently surrounding the COVID-19 virus and the heightened risk situation, Nanogate will not initially publish a forecast for 2020. The consequences of the pandemic for the Group cannot yet be precisely assessed. Götz Gollan, CFO of Nanogate SE, says, "Taking into consideration the one-off effects, the net result for the year is within our expectations. Nevertheless, 2019 as a whole was very disappointing. In the face of the current market development and the significantly higher risk situation, due also to the COVID-19 virus, we are pushing forward with our future-oriented NXI program and the restructuring measures associated with it. In addition to increasing liquidity, we want to focus on operational improvements. We have made significant changes in this area in the last few months, but we still have a long way to go." Contact Christian Dose | WMP Finanzkommunikation GmbH Nanogate SE Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan "Reinventing the Possible", Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 17.03.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 999169 |
End of News | DGAP News Service |
- Group sales increase to more than EUR 242 million in 2019
- At over EUR 8 million, EBITDA is at...
- Group sales increase to more than EUR 242 million in 2019
- At over EUR 8 million, EBITDA is at the lower end of the earnings forecast
- Consolidated net income of around EUR -14 million
- Cash and cash equivalents of over EUR 23 million
- Equity ratio of around 30 percent
Based on preliminary, unaudited figures, Group sales in the 2019 fiscal year increased slightly to more than EUR 242 million (previous year: EUR 239.2 million), almost reaching the adjusted forecast of EUR 245 to 250 million. This development is primarily the result of the once again weaker demand from our mobility division customers at the end of the year. The operating result (EBITDA) stands at more than EUR 8 million (previous year: EUR 24.2 million) and is at the lower end of the forecast, which was lowered in November 2019 to EUR 8 to 11 million. EBITDA has been affected by the influential factors we have already disclosed (project start-ups, operational weaknesses, market development, NXI expenses), as well as by the one-off effects of year-end adjustments, e.g. valuation of inventories and receivables, in the amount of around EUR 2 million. As expected, the consolidated net income amounts to roughly EUR -14 million (previous year: EUR 1.4 million). It includes one-off special amortizations of intangible assets (brands) of around EUR 4 million and one-off income in the financial result from the adjustment of purchase price liabilities amounting to more than EUR 10 million.
As of the end of the reporting period, cash and cash equivalents amounted to more than EUR 23 million (previous year: EUR 38.2 million). The equity ratio is around 30 percent (previous year: 33.2 percent). The Group is still in constructive talks with the lending banks regarding the sustainable adjustment of existing financing agreements. In light of the uncertainties currently surrounding the COVID-19 virus and the heightened risk situation, Nanogate will not initially publish a forecast for 2020. The consequences of the pandemic for the Group cannot yet be precisely assessed.
Götz Gollan, CFO of Nanogate SE, says, “Taking into consideration the one-off effects, the net result for the year is within our expectations. Nevertheless, 2019 as a whole was very disappointing. In the face of the current market development and the significantly higher risk situation, due also to the COVID-19 virus, we are pushing forward with our future-oriented NXI program and the restructuring measures associated with it. In addition to increasing liquidity, we want to focus on operational improvements. We have made significant changes in this area in the last few months, but we still have a long way to go.”
Klaus-Günter Vennemann, Chairman of the Supervisory Board, regrets the departure of Ralf Zastrau: “With his strategic vision, Ralf Zastrau transformed a startup into an internationally active company and established Nanogate as an innovation partner for international groups. We deeply regret that he has decided to resign from his position due to personal reasons. We thank him for his readiness to further accompany the realignment of Nanogate in the capacity of advisor and look forward to continuing to work with him.”
DGAP-News: NANOGATE SE / Key word(s): Personnel11.02.2020 / 18:16 The issuer is solely responsible...
DGAP-News: NANOGATE SE / Key word(s): Personnel11.02.2020 / 18:16 The issuer is solely responsible for
DGAP-News: NANOGATE SE / Key word(s): Personnel Nanogate SE: CEO Ralf Zastrau resigns from his position Göttelborn, Germany, February 11, 2020. Ralf Zastrau, Chief Executive Officer of Nanogate SE, is resigning from his position in agreement with the Supervisory Board due to personal reasons with effect from March 31, 2020. Zastrau co-founded Nanogate, a leading global technology company for design-oriented, multifunctional components and surfaces, in 1999 and has led it since then. He has acted as CEO since the company's initial public offering in 2006. No successor was named by the Supervisory Board. Going forward, the Management Board will be composed of Götz Gollan (CFO) and Robert Wittmann (COO). In the future, Ralf Zastrau will accompany the realignment of the Group as part of its ongoing future-oriented program in the capacity of advisor to the Management Board. Klaus-Günter Vennemann, Chairman of the Supervisory Board, regrets the departure of Ralf Zastrau: "With his strategic vision, Ralf Zastrau transformed a startup into an internationally active company and established Nanogate as an innovation partner for international groups. We deeply regret that he has decided to resign from his position due to personal reasons. We thank him for his readiness to further accompany the realignment of Nanogate in the capacity of advisor and look forward to continuing to work with him." Contact Christian Dose | WMP Finanzkommunikation GmbH Nanogate SE Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan "Reinventing the Possible", Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 11.02.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 973269 |
End of News | DGAP News Service |
NANOGATE SE / Key word(s): PersonnelNanogate SE: CEO Ralf Zastrau resigns from his...
NANOGATE SE / Key word(s): PersonnelNanogate SE: CEO Ralf Zastrau resigns from his position11-Feb-2020
NANOGATE SE / Key word(s): Personnel Nanogate SE: CEO Ralf Zastrau resigns from his position Göttelborn, Germany, February 11, 2020. Ralf Zastrau, Chief Executive Officer of Nanogate SE, is resigning from his position in agreement with the Supervisory Board due to personal reasons with effect from March 31, 2020. Zastrau co-founded Nanogate, a leading global technology company for design-oriented, multifunctional components and surfaces, in 1999 and has led it since then. He has acted as CEO since the company's initial public offering in 2006. No successor was named by the Supervisory Board. Going forward, the Management Board will be composed of Götz Gollan (CFO) and Robert Wittmann (COO). In the future, Ralf Zastrau will accompany the realignment of the Group as part of its ongoing future-oriented program in the capacity of advisor to the Management Board. Reporting party: Götz Gollan, CFO Nanogate SE
Information and Explanation of the Issuer to this News: Contact Christian Dose | WMP Finanzkommunikation GmbH Nanogate SE Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan 'Reinventing the Possible', Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the 'Shares') may not be offered or sold in the United States or to or for the account or benefit of 'U.S. persons' (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act')). No offer or sale of transferable securities is being made to the public. 11-Feb-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 973243 |
End of Announcement | DGAP News Service |
- Cumulative sales volume exceeding EUR 100 million expected
- Production of an innovative front...
- Cumulative sales volume exceeding EUR 100 million expected
- Production of an innovative front panel for a top German vehicle manufacturer
- First high-volume deliveries starting in 2022
- Order confirms technological leadership
Ralf Zastrau, CEO of Nanogate SE, says, “This multimillion-euro order confirms our technological leadership. Nanogate will supply components for the face of a new generation of electric cars for a top German manufacturer. Because of the systems and technology expertise we have built up over the years along the entire value chain, Nanogate has prevailed. This development will likely strengthen innovative design and technology trends for the entire industry and open up other market opportunities for us. In addition to this, we expect that further electronic functionalities will eventually be integrated into the new front panel. With our skill sets, we are very well prepared for this and will drive our customer’s innovation process forward.”
Nanogate was directly commissioned by the OEM and is involved on all levels of the value chain, starting with the design and the engineering through to the manufacture of the final components. The Group profits here from its course of continuously expanding know-how and technological expertise. The investments made in recent years are paying off. The focus is on the engineering of the components, the expertise in transparent, glass-like surfaces, the sophisticated plastic molding with the highest optical quality, existing metallization and decorative surface expertise and the possible integration of electronic functionalities in future projects.
Nanogate will implement this project at the Bad Salzuflen and Lüdenscheid sites. The customer is involved in the still-necessary adaptation investments to a very high degree. The production start and delivery of considerable volumes is planned for 2022.
DGAP-News: NANOGATE SE / Key word(s): Incoming Orders30.01.2020 / 13:05 The issuer is solely...
DGAP-News: NANOGATE SE / Key word(s): Incoming Orders30.01.2020 / 13:05 The issuer is solely responsible
DGAP-News: NANOGATE SE / Key word(s): Incoming Orders Nanogate Receives Multimillion-Euro Order for Innovative Vehicle Design - Cumulative sales volume exceeding EUR 100 million expected Göttelborn, Germany, January 30, 2020. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, has received one of the most important orders in company history. The Group will be supplying components of the highest optical quality for the front design of an electric vehicle for a top German manufacturer. The cumulative sales volume is expected to come to over EUR 100 million and strengthens the order base of the Group in the strategic growth area of New Mobility. The innovative front panel will replace the conventional grill and thus make a decisive impact on the vehicle's design. Ralf Zastrau, CEO of Nanogate SE, says, "This multimillion-euro order confirms our technological leadership. Nanogate will supply components for the face of a new generation of electric cars for a top German manufacturer. Because of the systems and technology expertise we have built up over the years along the entire value chain, Nanogate has prevailed. This development will likely strengthen innovative design and technology trends for the entire industry and open up other market opportunities for us. In addition to this, we expect that further electronic functionalities will eventually be integrated into the new front panel. With our skill sets, we are very well prepared for this and will drive our customer's innovation process forward." Nanogate was directly commissioned by the OEM and is involved on all levels of the value chain, starting with the design and the engineering through to the manufacture of the final components. The Group profits here from its course of continuously expanding know-how and technological expertise. The investments made in recent years are paying off. The focus is on the engineering of the components, the expertise in transparent, glass-like surfaces, the sophisticated plastic molding with the highest optical quality, existing metallization and decorative surface expertise and the possible integration of electronic functionalities in future projects. Nanogate will implement this project at the Bad Salzuflen and Lüdenscheid sites. The customer is involved in the still-necessary adaptation investments to a very high degree. The production start and delivery of considerable volumes is planned for 2022. Contact Christian Dose | WMP Finanzkommunikation GmbH Nanogate SE Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan "Reinventing the Possible", Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 30.01.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 964229 |
End of News | DGAP News Service |
- Production of more than 40 new components has begun in Ohio
- Implementation of the N-Glaze...
- Production of more than 40 new components has begun in Ohio
- Implementation of the N-Glaze technology platform in USA completed
Orders in the USA involve the production and coating of plastic components of the highest optical quality for use in car interiors. The N-Glaze technology that is being used, which enables a “Piano Black” look, was introduced to the U.S. in this context. After a challenging ramp-up phase in 2019, these projects are now in full production.
Ralf Zastrau, CEO of Nanogate SE, says, “Developing expertise in high-quality surface enhancement is an important element in the expansion of Nanogate’s market position in the USA. High-grade plastic components of top optical quality are a well-established feature in new cars. With increasing digitization and the trend towards autonomous driving, demand will continue to increase. As an innovative partner of international corporations, Nanogate will promote the introduction of new components to create value on all levels. We pay special attention to the integration of additional functions into plastics: intelligent surfaces of the highest optical quality are becoming the dominant theme for the design and operation of all kinds of products over the medium and long term.”
DGAP-News: NANOGATE SE / Key word(s): Product Launch23.01.2020 / 11:01 The issuer is solely...
DGAP-News: NANOGATE SE / Key word(s): Product Launch23.01.2020 / 11:01 The issuer is solely responsible
DGAP-News: NANOGATE SE / Key word(s): Product Launch Nanogate: Successful Production Start in the USA - Production of more than 40 new components has begun in Ohio Göttelborn, Germany, 23 January 2020. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, has in recent months begun the successful serial production of seven orders with more than 40 new components, for five new customers amongst others, at its Mansfield, Ohio, location in the USA. At the same time, Nanogate has successfully completed development of the N-Glaze technology platform, for which it has already received numerous orders in Europe. Orders in the USA involve the production and coating of plastic components of the highest optical quality for use in car interiors. The N-Glaze technology that is being used, which enables a "Piano Black" look, was introduced to the U.S. in this context. After a challenging ramp-up phase in 2019, these projects are now in full production. Ralf Zastrau, CEO of Nanogate SE, says, "Developing expertise in high-quality surface enhancement is an important element in the expansion of Nanogate's market position in the USA. High-grade plastic components of top optical quality are a well-established feature in new cars. With increasing digitization and the trend towards autonomous driving, demand will continue to increase. As an innovative partner of international corporations, Nanogate will promote the introduction of new components to create value on all levels. We pay special attention to the integration of additional functions into plastics: intelligent surfaces of the highest optical quality are becoming the dominant theme for the design and operation of all kinds of products over the medium and long term." Contact
Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan "Reinventing the Possible", Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals.
Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 23.01.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 959479 |
End of News | DGAP News Service |
DGAP-News: NANOGATE SE / Key word(s): Personnel03.01.2020 / 10:43 The issuer is solely responsible...
DGAP-News: NANOGATE SE / Key word(s): Personnel03.01.2020 / 10:43 The issuer is solely responsible for
DGAP-News: NANOGATE SE / Key word(s): Personnel Göttelborn, January 3, 2020 - Michael Jung (54) resigned from the Executive Board of Nanogate SE on December 31, 2019 by mutual agreement. He has worked for Nanogate, a leading global technology company for design-oriented, multifunctional surfaces and components, since 2001 and has been COO and member of the Executive Board since the IPO in 2006. He will be available to Nanogate as a technical advisor in the future. The chairman of the supervisory board, Klaus-Günter Vennemann, expressed his recognition of Michael Jung's achievements: "We thank Michael Jung for his many years of successful commitment, from the company's founding phase to the IPO and international expansion, and we are delighted that he, as technical advisor, will continue to support the company. The Supervisory Board wishes Michael Jung all the best for the future, both privately and professionally."
Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan "Reinventing the Possible", Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals.
This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 03.01.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 946239 |
End of News | DGAP News Service |
Göttelborn, January 3, 2020 - Michael Jung (54) resigned from the Executive Board of Nanogate SE on December 31, 2019 by mutual agreement. He has worked for Nanogate, a leading global technology company for design-oriented, multifunctional surfaces and components, since 2001 and has been COO and member of the Executive Board since the IPO in 2006. He will be available to Nanogate as a technical advisor in the future.
The chairman of the supervisory board, Klaus-Günter Vennemann, expressed his recognition of Michael Jung's achievements: "We thank Michael Jung for his many years of successful commitment, from the company's founding phase to the IPO and international expansion, and we are delighted that he, as technical advisor, will continue to support the company. The Supervisory Board wishes Michael Jung all the best for the future, both privately and professionally.”
NANOGATE SE / Key word(s): FinancingNANOGATE SE Arranges for Covenant Suspension23-Dec-2019 / 13:47...
NANOGATE SE / Key word(s): FinancingNANOGATE SE Arranges for Covenant Suspension23-Dec-2019 / 13:47 CET/CESTDisclosure
NANOGATE SE / Key word(s): Financing Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, has, in constructive discussions with the lending banks, agreed on a suspension of the leverage covenant of the syndicated loan agreement of May 2018 for the effective date of December 31, 2019. As part of the agreement, the interest expense will increase moderately. Further discussions will take place in the first quarter of 2020 to adapt the contracts for the longer term if necessary. With the agreement reached, the available credit lines remain unchanged. Reporting party: Götz Gollan, CFO Nanogate SE Contact Information and Explanation of the Issuer to this News: Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan 'Reinventing the Possible', Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the 'Shares') may not be offered or sold in the United States or to or for the account or benefit of 'U.S. persons' (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act')). No offer or sale of transferable securities is being made to the public. 23-Dec-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 942371 |
End of Announcement | DGAP News Service |
Plastics specialist HTP High Tech Plastics GmbH has achieved a turnaround by means of a strategic...
Plastics specialist HTP High Tech Plastics GmbH has achieved a turnaround by means of a strategic realignment and recently acquired two new orders. This strengthens the company’s market position in the field of mobility.
Fohnsdorf, December 11, 2019 – Within the framework of a new project, the company, headquartered in Fohnsdorf, Austria, is manufacturing high-quality plastic components for a German premium brand. The components are used in head-up displays in the windshields of mid-size automobiles. With this order, HTP covers large sections of the value chain such as the production of components and their subsequent enhancement with an anti-reflective coating. The project, with a volume in the mid single-digit million euro range, is scheduled to start mass production in mid-2021.
Furthermore, HTP will supply high-quality plastic components for the ventilation system of a European short- and medium-range jet beginning in mid-2020. The cumulative volume of the multi-year order is in the high six-figure range.
Ronald Prettner, Managing Director of HTP High Tech Plastics GmbH, says, “In just under two years, we strategically realigned the company and made considerable gains in efficiency through sustainable cutbacks. Thanks not least to the technological support of our German investor Nanogate, HTP has now managed a turnaround.”
- Delayed start to production and higher start-up costs
- New design options for metallized...
- Delayed start to production and higher start-up costs
- New design options for metallized surfaces
- Expansion of competence portfolio
Göttelborn, Germany, December 4, 2019. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, has begun series production on a multimillion-euro order in household appliances following a significant delay. Nanogate developed the environmentally friendly metallization technology in-house and it is now being used by a leading international manufacturer of premium coffee machines in their gradually expanding production of components. Delays notwithstanding, the cumulative order volume is worth more than EUR 10 million.
Nanogate is responsible for both production of the plastic components and their subsequent metallized finish (artificial metals), thereby covering essential parts of the value chain. Nanogate’s in-house technology platform makes multiple design options possible (such as high gloss or matte). In addition, the Group has expanded its technology platform by various colors and supplementary design options. Further additional functions, even sensors, can also be integrated in the long term. Series production was delayed due to greater complexity than expected, as well as the necessary restructuring of internal processes.
Ralf Zastrau, CEO of Nanogate SE: “The series production that has now been launched represents a milestone in the marketing of our chrome replacement technology and the N-Metals platform for the metallization of plastics. Even so, we came to realize that the ramp-up phase was more elaborate and initially less profitable than expected – as has been the case with other projects. As a result, Nanogate will adjust its internal processes and structures over the next months and improve efficiency. The new orders and the restructuring of the Group that we have decided on support our strategic goal of an EBITDA margin of 15 percent.”
DGAP-News: NANOGATE SE / Key word(s): Product Launch04.12.2019 / 10:41 The issuer is solely...
DGAP-News: NANOGATE SE / Key word(s): Product Launch04.12.2019 / 10:41 The issuer is solely responsible
DGAP-News: NANOGATE SE / Key word(s): Product Launch Nanogate: Launch of Series Production of Components for a Renowned Household Appliances Manufacturer - Delayed start to production and higher start-up costs - New design options for metallized surfaces - Expansion of competence portfolio Göttelborn, Germany, December 4, 2019. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, has begun series production on a multimillion-euro order in household appliances following a significant delay. Nanogate developed the environmentally friendly metallization technology in-house and it is now being used by a leading international manufacturer of premium coffee machines in their gradually expanding production of components. Delays notwithstanding, the cumulative order volume is worth more than EUR 10 million. Nanogate is responsible for both production of the plastic components and their subsequent metallized finish (artificial metals), thereby covering essential parts of the value chain. Nanogate's in-house technology platform makes multiple design options possible (such as high gloss or matte). In addition, the Group has expanded its technology platform by various colors and supplementary design options. Further additional functions, even sensors, can also be integrated in the long term. Series production was delayed due to greater complexity than expected, as well as the necessary restructuring of internal processes. Ralf Zastrau, CEO of Nanogate SE: "The series production that has now been launched represents a milestone in the marketing of our chrome replacement technology and the N-Metals platform for the metallization of plastics. Even so, we came to realize that the ramp-up phase was more elaborate and initially less profitable than expected - as has been the case with other projects. As a result, Nanogate will adjust its internal processes and structures over the next months and improve efficiency. The new orders and the restructuring of the Group that we have decided on support our strategic goal of an EBITDA margin of 15 percent."
Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan "Reinventing the Possible", Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 04.12.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 927893 |
End of News | DGAP News Service |
- More efficient structures and a transformation of the Group into two divisions
- Focus on...
- More efficient structures and a transformation of the Group into two divisions
- Focus on higher-margin activities and financial stability
- EBITDA forecast for 2019 reduced; sales forecast confirmed
- Robert Wittmann appointed as new Management Board member
- Negotiations for new orders
Göttelborn, Germany, November 21, 2019. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, is introducing a new Group structure and lowering its earnings forecast for 2019. Therefore, the dividend for 2019 will be canceled. Furthermore, Nanogate is currently in constructive talks with the financing banks to adjust credit conditions. The new Group structure includes the Mobility and Industries divisions. Through efficient procedures, the focus on higher-margin orders and further measures should increase financial strength, substantially reduce bank liabilities and achieve a return to profitability. In this context, Robert Wittmann was appointed as a new Management Board member for the operational business as of December 1, 2019.
The Management Board continues to expect sales of between EUR 245 and 250 million for 2019. However, the Group is reducing its earnings forecast, and now expects an operating result (EBITDA) for 2019 of between EUR 8 and 11 million (previously: EUR 14 to 17 million). The majority of this deviation is the result of the start-up phases of new projects with substantial temporary increases in scrap rates as well as increased costs for the transformation of the Group and the implementation of the ongoing future-oriented program. Taking this into account, along with potential noncash expenses during the transitional year of 2019, the Group now expects a consolidated net loss in the low double-digit million range (previously: consolidated net loss in the high single-digit million range). Therefore, the Management Board assumes at the present time that no dividend will be disbursed for 2019. In light of this development and a possible breach of agreed credit clauses (covenants) Nanogate is in constructive negotiations with the financing banks in order to adjust the credit conditions in line with the new framework conditions. A sales and earnings forecast for the 2020 fiscal year is scheduled for publication in the first quarter of 2020. Strategically, the previous goal of EUR 500 million with an EBITDA margin of at least 15 percent will still be pursued; however, as things stand at present, achieving it as planned by 2025 will no longer be possible.
As part of NXI Plus, the second phase of the ongoing future-oriented program, the Group will be restructured and the principle of putting margin before sales will be applied. By introducing the new structure with the two Mobility and Industries divisions (Business Units) and a corresponding reassignment of Management Board positions, the Group aims to become leaner, more agile and more efficient. Market cultivation will be aligned with the two divisions in a targeted manner.
Improved project management and standardized processes will serve to avoid costs and complexity in manufacturing as well as unplanned additional expenses for new orders. In addition, investments will be reduced and reprioritized, which dovetails with the conclusion of the previous innovation offensive. Not least of all, a substantial reduction of working capital for the aforementioned projects and additional measures has been planned firmly for the coming months. To further increase financial stability, more comprehensive measures are also being considered that may include the elimination or sale of assets. In light of high capacity and the existing order base, however, no noteworthy downsizing of headcount has been planned.
At the same time, the Group is reviewing the existing order, margin and location structures with increased intensity under the framework of NXI Plus. In doing so, Nanogate seeks to focus on orders in the premium segment with high added value. Significant potential for increasing profitability exists in the operating divisions in particular.
Ralf Zastrau, CEO of Nanogate SE: “Despite a good positioning in the market and with its customers, Nanogate is facing significant operating challenges, which we are consistently addressing through a variety of measures as part of the NXI Plus program. Our current production start-ups, the order base of more than EUR 600 million and current negotiations on new orders confirm our technological and strategic position. We have identified significant potential earnings in the millions as part of our future-oriented program since the beginning of the year. This takes clear precedence over further expansion, and we are working towards this at full steam. At the same time, we are seeking to reduce bank liabilities and working capital and to increase the free cash flow. The initiated measures will have a positive impact on the operating result as early as 2020.”
As part of NXI Plus, the Supervisory Board of Nanogate SE has appointed Mr. Robert Wittmann (53) as a member of the Management Board and the new COO of the company effective December 1, 2019, for a term ending December 31, 2022. Mr. Wittmann has many years of experience with comparable structural and operational responsibilities at international corporations and proven expertise in the mobility sector. Over the course of his career, he has successfully overseen international business units at global automotive safety market leader Autoliv and has been in charge of the transformation of the Fritzmeier Group as well as the growth of the Bode Group (subsidiary of Schaltbau AG) as the head of the Automotive Segment and speaker of the board of management. Discussions with current COO Michael Jung about his future role in the Group are currently underway. Ralf Zastrau (CEO) and Götz Gollan (CFO) round out the Management Board, as before.
Klaus-Günter Vennemann, Chairman of the Supervisory Board of Nanogate SE, says, “In Robert Wittmann, Nanogate has gained a renowned and experienced manager as its new COO. With his extensive international expertise, he will create fresh impetus for the operational business as well as increased efficiency in the Group and the Mobility division.”
DGAP-News: NANOGATE SE / Key word(s): Change in Forecast/Dividend21.11.2019 / 14:03 The issuer is...
DGAP-News: NANOGATE SE / Key word(s): Change in Forecast/Dividend21.11.2019 / 14:03 The issuer is solely
DGAP-News: NANOGATE SE / Key word(s): Change in Forecast/Dividend Nanogate Opts to Reorganize Group and Adjusts Forecast - More efficient structures and a transformation of the Group into two divisions - Focus on higher-margin activities and financial stability - EBITDA forecast for 2019 reduced; sales forecast confirmed - Robert Wittmann appointed as new Management Board member - Negotiations for new orders Göttelborn, Germany, November 21, 2019. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, is introducing a new Group structure and lowering its earnings forecast for 2019. Therefore, the dividend for 2019 will be canceled. Furthermore, Nanogate is currently in constructive talks with the financing banks to adjust credit conditions. The new Group structure includes the Mobility and Industries divisions. Through efficient procedures, the focus on higher-margin orders and further measures should increase financial strength, substantially reduce bank liabilities and achieve a return to profitability. In this context, Robert Wittmann was appointed as a new Management Board member for the operational business as of December 1, 2019. The Management Board continues to expect sales of between EUR 245 and 250 million for 2019. However, the Group is reducing its earnings forecast, and now expects an operating result (EBITDA) for 2019 of between EUR 8 and 11 million (previously: EUR 14 to 17 million). The majority of this deviation is the result of the start-up phases of new projects with substantial temporary increases in scrap rates as well as increased costs for the transformation of the Group and the implementation of the ongoing future-oriented program. Taking this into account, along with potential noncash expenses during the transitional year of 2019, the Group now expects a consolidated net loss in the low double-digit million range (previously: consolidated net loss in the high single-digit million range). Therefore, the Management Board assumes at the present time that no dividend will be disbursed for 2019. In light of this development and a possible breach of agreed credit clauses (covenants) Nanogate is in constructive negotiations with the financing banks in order to adjust the credit conditions in line with the new framework conditions. A sales and earnings forecast for the 2020 fiscal year is scheduled for publication in the first quarter of 2020. Strategically, the previous goal of EUR 500 million with an EBITDA margin of at least 15 percent will still be pursued; however, as things stand at present, achieving it as planned by 2025 will no longer be possible. As part of NXI Plus, the second phase of the ongoing future-oriented program, the Group will be restructured and the principle of putting margin before sales will be applied. By introducing the new structure with the two Mobility and Industries divisions (Business Units) and a corresponding reassignment of Management Board positions, the Group aims to become leaner, more agile and more efficient. Market cultivation will be aligned with the two divisions in a targeted manner. Improved project management and standardized processes will serve to avoid costs and complexity in manufacturing as well as unplanned additional expenses for new orders. In addition, investments will be reduced and reprioritized, which dovetails with the conclusion of the previous innovation offensive. Not least of all, a substantial reduction of working capital for the aforementioned projects and additional measures has been planned firmly for the coming months. To further increase financial stability, more comprehensive measures are also being considered that may include the elimination or sale of assets. In light of high capacity and the existing order base, however, no noteworthy downsizing of headcount has been planned. At the same time, the Group is reviewing the existing order, margin and location structures with increased intensity under the framework of NXI Plus. In doing so, Nanogate seeks to focus on orders in the premium segment with high added value. Significant potential for increasing profitability exists in the operating divisions in particular. Ralf Zastrau, CEO of Nanogate SE: "Despite a good positioning in the market and with its customers, Nanogate is facing significant operating challenges, which we are consistently addressing through a variety of measures as part of the NXI Plus program. Our current production start-ups, the order base of more than EUR 600 million and current negotiations on new orders confirm our technological and strategic position. We have identified significant potential earnings in the millions as part of our future-oriented program since the beginning of the year. This takes clear precedence over further expansion, and we are working towards this at full steam. At the same time, we are seeking to reduce bank liabilities and working capital and to increase the free cash flow. The initiated measures will have a positive impact on the operating result as early as 2020." As part of NXI Plus, the Supervisory Board of Nanogate SE has appointed Mr. Robert Wittmann (53) as a member of the Management Board and the new COO of the company effective December 1, 2019, for a term ending December 31, 2022. Mr. Wittmann has many years of experience with comparable structural and operational responsibilities at international corporations and proven expertise in the mobility sector. Over the course of his career, he has successfully overseen international business units at global automotive safety market leader Autoliv and has been in charge of the transformation of the Fritzmeier Group as well as the growth of the Bode Group (subsidiary of Schaltbau AG) as the head of the Automotive Segment and speaker of the board of management. Discussions with current COO Michael Jung about his future role in the Group are currently underway. Ralf Zastrau (CEO) and Götz Gollan (CFO) round out the Management Board, as before. Klaus-Günter Vennemann, Chairman of the Supervisory Board of Nanogate SE, says, "In Robert Wittmann, Nanogate has gained a renowned and experienced manager as its new COO. With his extensive international expertise, he will create fresh impetus for the operational business as well as increased efficiency in the Group and the Mobility division." Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan "Reinventing the Possible", Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 21.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 918647 |
End of News | DGAP News Service |
- Production launched for new application: Promising discussions with potential customers
-...
- Production launched for new application: Promising discussions with potential customers
- Technology offensive – an element of the future-oriented NXI program – approaching completion
- Leading industry trade fair “K”: Brand identity refined as ONE Nanogate – first-time presentation of completed systems expertise
Göttelborn, Germany, October 14, 2019. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, has begun serial production for a reference order for an application in the stainless steel business division. With this order, the Group is implementing another component of its innovation offensive, which will be successfully concluded with the upcoming completion of the technology center in the USA.
The newly launched reference order involves the supply of enhanced stainless steel components to a well-known premium manufacturer in the bathroom fittings sector. This pilot order also represents the first serial use of a new, robot-assisted, fully automated production plant for high-quality stainless steel coatings. The new equipment was installed at the Neunkirchen site in recent months as part of the Group’s innovation offensive. Parallel to the introduction of the product, Nanogate has already recorded strong interest in similar applications from other providers in the home appliances sector.
Ralf Zastrau, CEO of Nanogate SE: “With our innovation offensive, which we launched in 2017, we have significantly expanded our technology and applications portfolio. A total of more than EUR 30 million is being invested in the development of new systems as well as the expansion of the value chain and capacities. In the course of this technology offensive, we have significantly expanded the expertise and application portfolio. The program will be concluded on schedule with the completion of the new technology center in the USA this year and its official opening in the first quarter of 2020. This includes numerous new solutions in the area of artificial metals as well as our entry into the field of integrated smart surfaces. In line with these achievements, we are presenting our complete value chain for the first time at the leading trade fair “K” in Düsseldorf, underscoring our position as a technology leader.”
First-time exhibition of completed systems expertise as ONE Nanogate
Nanogate has continued to expand its recognition in recent years. Today, thanks in part to numerous acquisitions in recent years, the Group is vertically integrated – from engineering to the serial production and coating of components. The company, which has been in operating for 20 years, will now present these system solutions for design-oriented, multifunctional components and surfaces for the first time. This comprehensive exhibit will be on view at a completely redesigned booth at “K” in Düsseldorf, the most important plastics and rubber industry trade fair in the world.
As announced in the future-oriented NXI program, Nanogate has further developed its brand profile in keeping with its presence at the leading international trade fair. “In line with the concept of ONE Nanogate, we are focusing on a central name. This strengthens our external recognition and improves the efficiency of sales and marketing. As a technology leader, our applications are firmly established in the lives of many people through our customers’ products. We thereby act as an innovation partner for numerous international corporations,” explains Nanogate CEO Zastrau.
Background:
The Group’s new public image will focus on three central brands in the future:
- N-Glaze encompasses plastic components with glass-like properties and/or transparent or colored surface enhancement. These include components such as panels that have high-gloss black or colored surfaces and multifunctional properties like scratch resistance.
- N-Metals pertains to all plastic components with metallic surface enhancements such as fine metallized finishes, environmentally-friendly metallization or stainless steel substitutes.
- N-Plus encompasses all other components that are given transparent, colored or metallic enhancements. These include heating systems (for corrosion resistance) and anti-fingerprint metal components.
Nanogate focuses primarily on three target markets:
- Intelligent Surfaces encompasses optically high-quality surfaces with multifunctional properties (such as scratch-resistant and glass-like surfaces). The integrated systems combine various forms, colors and design options with weight advantages of up to 50 percent. They fulfill the most stringent requirements for design and optical quality. At the same time, Nanogate is working on a new generation of control and operating concepts with innovative designs and functions: Integrated smart surfaces incorporate electronic functions into plastics.
- New Mobility encompasses a broad portfolio of applications pertaining to the megatrends of digitalization and autonomous driving as well as e-mobility and lightweight construction. These are resulting in a considerable need for sensors, which in turn require components and surfaces with special properties (transparency, protection from exposure to the elements, etc.) for their installation and coverings. Nanogate already has a presence in this market and supplies products such as components for driver assistance systems to a number of automotive manufacturers. The Group is also producing plastic components for a new electric car that is scheduled to be launched by a German manufacturer in 2020. Nanogate also aims to benefit from the trends toward digitalization and new concepts in operation and mobility. This makes the Group completely independent from the mode of driving used in future vehicle generations.
- In the field of artificial metals, Nanogate develops, produces and sells systems for metal applications. These include products like surface systems for stainless steel. We also see significant potential particularly for the decorative metallization of plastics. Nanogate has a broad portfolio in this area, such as for the replacement of chrome, stainless steel, copper and aluminum. Within the framework of the largest order in the company's history, encompassing a cumulative sales volume of up to USD 100 million, Nanogate is supplying components with a stainless steel look to a leading global manufacturer of household appliances in the U.S.
Note:
Nanogate will be present at “K,” the world’s most important plastics and rubber industry trade fair, from October 16 to 23, 2019, with a newly-designed booth (Hall 5, Booth A522).
DGAP-News: NANOGATE SE / Key word(s): Half Year Results 26.09.2019 / 07:30 The issuer is solely...
DGAP-News: NANOGATE SE / Key word(s): Half Year Results 26.09.2019 / 07:30 The issuer is solely responsible
DGAP-News: NANOGATE SE / Key word(s): Half Year Results Nanogate: First Half of 2019 Marked by Market Development and Future-Oriented NXI Program - Sales increased to EUR 122.2 million (previous year: EUR 119.4 million), EBITDA reaches EUR 8.0 million (previous year: EUR 12.7 million), consolidated net income at EUR -2.7 million (previous year: EUR 1.8 million) - Equity ratio of 31.9 percent with substantially increased balance sheet total Göttelborn, Germany, September 26, 2019. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, recorded business and profit development in the first half of 2019 that was marked by measures from the future-oriented NXI program, preparation for the start-up of a series of new orders and uncertainties regarding the market environment and increased costs. Ralf Zastrau, CEO of Nanogate SE: "We look back on the first half of 2019 with mixed feelings. In an increasingly challenging market environment, we have launched a number of measures and projects under our future-oriented Nanogate Excellence International (NXI) program. The level of incoming orders for the coming years is gratifying and confirms our positioning in the market, though our sites are benefiting from this to varying degrees. Our performance has admittedly been burdened by delayed production start-ups for new projects, the increasing uncertainty of our customers in light of weak economic development and the short-term costs and earnings effects from NXI. Against this backdrop, we have decided to intensify our future-oriented NXI program. This also includes an intensified review of the structure of our sites. We are consciously taking on the associated expenses in this transitional year as well as the coming fiscal year in order to make the Group more efficient and more profitable." Development in the first half of 2019 Group sales slightly increased in the first half of 2019 to EUR 122.2 million (previous year: EUR 119.4 million). The operating result (EBITDA) was characterized by factors including delayed production start-ups, reduced drawdowns from customers, the expiration of high-margin projects, the NXI implementation with costs of roughly EUR 1.6 million and expenses in connection with the production start-up for new projects. Nanogate thus recorded a decrease in EBITDA to EUR 8.0 million (previous year: EUR 12.7 million). In light of our course of expansion with significant investments in sites, capacities and technologies, EBIT is burdened by the planned increase in depreciation, and stood at EUR -3.9 million in the first half of the year (previous year: EUR 4.6 million). The consolidated net income was EUR -2.7 million (previous year: EUR 1.8 million), corresponding to earnings of EUR -0.55 per share (previous year: EUR 0.38). The operational performance is simultaneously reflected in the financial position of the Group. Due to the earnings effects as well as project-related payment delays for production equipment and tools resulting from delayed production start-ups, the operating cash flow amounted to EUR -2.7 million (previous year: EUR 1.9 million). As of the reporting date of June 30, 2019, cash and cash equivalents totaled EUR 33.0 million (12/31/2018: EUR 38.2 million) and the equity ratio stood at 31.9 percent (12/31/2018: 33.2 percent). Net bank liabilities increased to EUR 97.0 million (12/31/2018: EUR 91.6 million). Consequently, the net debt ratio (net bank liabilities/EBITDA) at the end of the first half of the year amounted to 5.0 (12/31/2018: 3.8). The covenant agreements were thus complied with. Outlook In view of the intensifying framework conditions, the changing market and the operating performance in the first half of 2019, Nanogate will intensify its ongoing future-oriented NXI program in the second half of the year and review the site structure in particular even more intensively. The company will also continue to analyze the order mix on an ongoing basis and allow low-margin projects to expire. With higher start-up costs for new major orders, these additional restructuring measures will also affect the earnings development in the 2019 fiscal year. As a result, Nanogate anticipates an operating result (EBITDA) of between EUR 14 and 17 million for the 2019 fiscal year (2018: EUR 24.2 million) in accordance with the adjusted forecast. This encompasses expenses for the future-oriented NXI program and consulting costs in connection with structuring measures in an anticipated amount of over EUR 3 million. Accordingly, a consolidated net loss in the high single-digit million range (2018: EUR +1.4 million) is expected. An increase in sales to between EUR 245 and 250 million (2018: EUR 239.2 million) is anticipated. In view of the current market development and the associated uncertainty of customers, the forecast for the 2020 fiscal year will be reviewed. NB: The half-year report is available to download from our website: www.nanogate.de/en/investor_relations/financial_reports Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan "Reinventing the Possible", Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 26.09.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 879907 |
End of News | DGAP News Service |
DGAP-News: NANOGATE SE / Key word(s): Product Launch29.08.2019 / 12:20 The issuer is solely...
DGAP-News: NANOGATE SE / Key word(s): Product Launch29.08.2019 / 12:20 The issuer is solely responsible
DGAP-News: NANOGATE SE / Key word(s): Product Launch Nanogate: Serial Production of Metallized Components Launched for Largest Order in the Company's History - Nanogate begins supplying components with a stainless steel look to a leading US manufacturer of household appliances - Cumulative order volume of up to USD 100 million confirmed by the customer Göttelborn, Germany, August 29, 2019. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, has begun serial production and delivery for the largest order in the company's history. With this order in the area of industrial business, encompassing a cumulative sales volume of up to USD 100 million, Nanogate successfully achieved its breakthrough into the market of stainless steel replacement technologies in 2018. Applications in the field of artificial metals (metallized plastics) represent one of the Group's three central target markets. Ralf Zastrau, CEO of Nanogate SE, states, "Despite temporary delays of individual major orders that have burdened us for the short term, Nanogate remains in a strong strategic position. Our order base for 2019 through 2021 is stable at over EUR 600 million. We are making particularly good progress in the industrial business, where we see significant potential. For this reason, this area's proportion of total sales should increase significantly in the coming years. The projects in the USA as well as other current inquiries confirm our orientation." Nanogate uses a heat-resistant plastic that is metallized with a stainless steel look when producing components for kitchen appliances. This process is developed and integrated in-house. The technology is based on innovative molding processes and multifunctional enhancement. Included in this are a number of surface options, such as easy-to-clean or anti-fingerprint, with the possible integration of additional functions. Following last-minute design adjustments requested by the customer - and the resulting increased complexity of production preparation - the delayed large-volume serial production of components has now begun. In addition to this project, Nanogate won a further major order with a cumulative volume of USD 50 million from the same customer this year. Production for this project is expected to begin in 2020 and will run for up to eight years. Based on N-Glaze technology, its second significant technology platform, Nanogate supplies innovative, enhanced plastic surfaces of the highest optical quality, which are available in various color variants. These are also used in kitchen appliances. Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan "A world of new surfaces," Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 29.08.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 865441 |
End of News | DGAP News Service |
DGAP-News: NANOGATE SE / Key word(s): Change in Forecast/Preliminary Results22.08.2019 / 12:54 The...
DGAP-News: NANOGATE SE / Key word(s): Change in Forecast/Preliminary Results22.08.2019 / 12:54 The issuer
DGAP-News: NANOGATE SE / Key word(s): Change in Forecast/Preliminary Results Nanogate Adjusts Forecast to Market Development and Strengthens Future-Oriented NXI Program - Economic development, delayed production start-ups, higher start-up costs for new major orders and increased measures as part of the future-oriented NXI program affect earnings development - Preliminary half-year figures for 2019: Sales at roughly EUR 122 million, EBITDA at roughly EUR 8 million, consolidated net income at roughly EUR -3 million. Göttelborn, Germany, August 22, 2019. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, has updated its forecast for the 2019 fiscal year in view of the current market development. At the same time, the Group will strengthen the measures within the framework of the future-oriented Nanogate Excellence International (NXI) program. The earnings development in 2019 has been significantly affected by the economic slowdown, which has intensified in the past weeks. The uncertainty of customers that had been pointed out by Nanogate in June, particularly in the mobility sector, is continuing to increase. As a result, new orders have been started later, volumes have been reduced and some ongoing orders have been terminated early. Faced with these conditions, Nanogate will intensify its future-oriented NXI program and, most importantly, review the structure of its sites more intensively. As previously announced, these additional restructuring measures will, together with higher start-up costs for new major orders, also affect the earnings development in the 2019 fiscal year. Nanogate now anticipates an operating result (EBITDA) of between EUR 14 million and EUR 17 million for the 2019 fiscal year (2018: EUR 24.2 million). Accordingly, a consolidated net loss in the high single-digit million range (2018: EUR +1.4 million) is expected. It is anticipated that sales will increase to between EUR 245 million and EUR 250 million (2018: EUR 239.2 million), while sales of over EUR 250 million had previously been forecast. In view of the market development and the associated uncertainty of customers, the forecast for the 2020 fiscal year will be reviewed. According to preliminary figures, Nanogate increased its Group sales in the first half of 2019 to roughly EUR 122 million (previous year: EUR 119.4 million). The operating result (EBITDA) came to roughly EUR 8 million (previous year: EUR 12.7 million) and the consolidated net loss to roughly EUR -3 million (previous year: EUR +1.8 million). As of the reporting date of June 30, 2019, the Group had cash and cash equivalents of roughly EUR 33 million. Ralf Zastrau, CEO of Nanogate SE: "Even though the development in the first half of 2019 was still in the lower range of our internal expectations, we have recorded the significantly stronger impact of the economic development for some weeks, particularly in the mobility sector in Europe. The uncertainty of customers, which we had pointed out in June 2019, is now leading to foreseeable yet concrete burdens. For example, major orders have started later than planned, causing expenses to be higher. In addition call-off figures will be reduced not only for individual models for the first time. We are planning to expand our future-oriented NXI program once again in light of further uncertainties in the markets. This will involve placing a particular focus on reviewing the structure of our sites more intensively. In this year of transition, we will consciously accept the NXI-related burdens in order to make the Group more efficient and profitable in the coming years. Even if Nanogate temporarily does not develop as strongly as expected, incoming orders in this year and the order base of over EUR 600 million for the years 2019 to 2021 alone confirm our good strategic alignment." Note: The complete 2019 half-year report will be published at the end of September. Contact Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,800 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic and in India. True to its slogan "A world of new surfaces," Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the three strategic areas Intelligent Surfaces, New Mobility and Artificial Metals. Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 22.08.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 861811 |
End of News | DGAP News Service |
DGAP-News: NANOGATE SE / Key word(s): Incoming Orders02.07.2019 / 14:08 The issuer is solely...
DGAP-News: NANOGATE SE / Key word(s): Incoming Orders02.07.2019 / 14:08 The issuer is solely responsible
DGAP-News: NANOGATE SE / Key word(s): Incoming Orders NANOGATE SE Wins Another Multimillion-Dollar Order in the USA - Cumulative sales volume exceeding USD 10 million - Supply of components for U.S. car manufacturer Göttelborn, Germany, July 2, 2019. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, continues its growth trajectory in the USA. A new three-year order encompasses a sales volume of over USD 10 million. This month, Nanogate will start delivering components to a leading U.S. car manufacturer from its U.S. site in Mansfield, Ohio. The optically high-quality plastic components will be used for interiors and exteriors of a popular model of SUV. Consumer demand in this market segment continues to be high. Ralf Zastrau, Chief Executive Officer of Nanogate SE: "The new project proves that Nanogate is making progress on an operational level, and incoming orders remain intact. With this new order, our order base of over EUR 600 million will - for the period from 2019 to 2021 - again increase." Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,700 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic with its own production facilities. True to its slogan "A world of new surfaces," Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the strategic areas of glass-like (N-Glaze) and metallized surfaces (N-Metals). Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 02.07.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 834839 |
End of News | DGAP News Service |
- Cumulative sales volume exceeding USD 10 million
- Supply of components for U.S. car manufacturer
- Cumulative sales volume exceeding USD 10 million
- Supply of components for U.S. car manufacturer
Göttelborn, Germany, July 2, 2019. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, continues its growth trajectory in the USA. A new three-year order encompasses a sales volume of over USD 10 million.
This month, Nanogate will start delivering components to a leading U.S. car manufacturer from its U.S. site in Mansfield, Ohio. The optically high-quality plastic components will be used for interiors and exteriors of a popular model of SUV. Consumer demand in this market segment continues to be high.
Ralf Zastrau, Chief Executive Officer of Nanogate SE: ”The new project proves that Nanogate is making progress on an operational level, and incoming orders remain intact. With this new order, our order base of over EUR 600 million will - for the period from 2019 to 2021 - again increase."
DGAP-News: NANOGATE SE / Key word(s): AGM/EGM/Personnel26.06.2019 / 16:43 The issuer is solely...
DGAP-News: NANOGATE SE / Key word(s): AGM/EGM/Personnel26.06.2019 / 16:43 The issuer is solely responsible
DGAP-News: NANOGATE SE / Key word(s): AGM/EGM/Personnel Nanogate SE: Dividend of EUR 0.11 Approved Göttelborn/Saarbrücken, Germany, June 26, 2019. Today, the shareholders' meeting of Nanogate SE, a leading global specialist for design-oriented high-tech surfaces and components, approved several draft resolutions with a large majority. In accordance with the proposal of the administration, the shareholders approved an unchanged dividend of EUR 0.11 per share. In addition, the shareholders' meeting agreed to further items on the agenda, including profit transfer agreements with the subsidiaries Nanogate Goletz Systems GmbH and Nanogate Management Services GmbH. With broad approval, Martin Hendricks was voted onto the Supervisory Board. This follows his appointment by the Saarbrücken district court in February as the successor to former member of the Supervisory Board Hartmut Gottschild. In its subsequent meeting, the Supervisory Board appointed Klaus-Günter Vennemann as the new Chairman and Martin Hendricks as his deputy. Oliver Schumann (prior Chairman), Dr. Farsin Yadegardjam (prior Deputy Chairman), Dr. Clemens Doppler and Dr. Peter Merten complete the Supervisory Board. Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,700 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic with its own production facilities. True to its slogan "A world of new surfaces," Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the strategic areas of glass-like (N-Glaze) and metallized surfaces (N-Metals). Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 26.06.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 831643 |
End of News | DGAP News Service |
NANOGATE SE / Key word(s): Capital IncreaseNanogate SE: Capital Increase Successfully Placed And...
NANOGATE SE / Key word(s): Capital IncreaseNanogate SE: Capital Increase Successfully Placed And Anchor
NANOGATE SE / Key word(s): Capital Increase Nanogate SE: Capital Increase Successfully Placed And Anchor Investor Base Strengthened Göttelborn, Germany, June 18, 2019. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, has strengthened its equity. The placement price equals EUR 22.80 per share, corresponding to gross proceeds of approximately EUR 10.3 million. As part of the capital increase, Nanogate SE's share capital has been increased from EUR 4,913,633.00 by EUR 451,395.00 to EUR 5,365,028.00 by issuing 451,395 new no-par-value shares via partial utilization of the existing authorized capital against contribution in cash. The subscription rights of existing shareholders had been excluded. The new shares were privately placed with selected, qualified and long-term institutional investors at a price of EUR 22.80 per new share and thus at the current market price (without placement discount) using an accelerated book-building procedure. With the successful capital increase, Nanogate has established a major insurance company as an additional anchor investor. In addition, a renowned family office and another international anchor investor participated significantly in the capital increase. As a result of the significantly oversubscribed capital increase, the company will receive gross proceeds amounting to approximately EUR 10.3 million. The new shares shall be entitled to a dividend from the 2018 fiscal year on. A request will be made accordingly to enter the capital increase into the commercial register at Saarbrücken district court; the new shares will be included in trading in the Frankfurt Stock Exchange's Scale segment. With the capital measure, Nanogate SE is taking full advantage of the current authorization of the shareholders' meeting for capital increases from authorized capital against contribution in cash with the exclusion of shareholders' subscription rights. The capital increase was managed by Bankhaus Lampe KG as sole global coordinator and with M.M. Warburg & CO (AG & Co.) KGaA as joint bookrunner as well as A-Xellence AG as advisor. Information and Explanation of the Issuer to this News: Contact Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,700 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic with its own production facilities. True to its slogan 'A world of new surfaces,' Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the strategic areas of glass-like (N-Glaze) and metallized surfaces (N-Metals). Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the 'Shares') may not be offered or sold in the United States or to or for the account or benefit of 'U.S. persons' (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act')). No offer or sale of transferable securities is being made to the public. 18-Jun-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 826975 |
End of Announcement | DGAP News Service |
NANOGATE SE / Key word(s): Capital IncreaseNanogate SE: Capital Increase Agreed18-Jun-2019 / 17:45...
NANOGATE SE / Key word(s): Capital IncreaseNanogate SE: Capital Increase Agreed18-Jun-2019 / 17:45 CET/CESTDisclosure
NANOGATE SE / Key word(s): Capital Increase Nanogate SE: Capital Increase Agreed Göttelborn, Germany, June 18, 2019. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, is planning to increase the company's share capital from authorized capital with the exclusion of subscription rights. The aim is to strengthen the Group's capital base and liquidity for the implementation of the future-oriented NXI program, for continued growth through new orders and for the announced acquisition of the ERBIWA Group. With the approval of the Supervisory Board, the Management Board of Nanogate SE has today decided to increase the company's share capital from the current EUR 4,913,633.00 by up to EUR 451,395.00 to up to EUR 5,365,028.00 by issuing up to 451,395 new no-par-value shares (approximately 9.2 percent of the current share capital) via partial utilization of the existing authorized capital against contribution in cash. The subscription rights of existing shareholders are to be excluded. The new shares shall be entitled to a dividend for the fiscal year 2018 and are to be privately placed with selected, qualified and long-term institutional investors by means of an accelerated book-building procedure. The private placement will be initiated immediately after publication of this announcement. The number of new shares to be issued and their placement price will be determined by the Management Board with the approval of the Supervisory Board after the conclusion of the accelerated book-building procedure. Bankhaus Lampe KG acts as sole global coordinator and together with M.M. Warburg & CO (AG & Co.) KGaA as joint bookrunner. Information and Explanation of the Issuer to this News: Contact Christian Dose Financial Press and Investors WMP Finanzkommunikation GmbH Tel. +49 69 57 70 300 21 nanogate@wmp-ag.de Juliane Wernet Nanogate SE Zum Schacht 3 66287 Göttelborn | Germany Tel. +49 6825 9591 223 juliane.wernet@nanogate.com www.nanogate.com twitter.com/nanogate_se Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,700 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic with its own production facilities. True to its slogan 'A world of new surfaces,' Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the strategic areas of glass-like (N-Glaze) and metallized surfaces (N-Metals). Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the 'Shares') may not be offered or sold in the United States or to or for the account or benefit of 'U.S. persons' (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act')). No offer or sale of transferable securities is being made to the public. 18-Jun-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 825947 |
End of Announcement | DGAP News Service |
DGAP-News: NANOGATE SE / Key word(s): Incoming Orders14.06.2019 / 11:00 The issuer is solely...
DGAP-News: NANOGATE SE / Key word(s): Incoming Orders14.06.2019 / 11:00 The issuer is solely responsible
DGAP-News: NANOGATE SE / Key word(s): Incoming Orders Nanogate Receives Another Multimillion-Euro Order in Household Appliances - Sales volume of the five-year contract at more than EUR 10 million - Supply of components to a leading international manufacturer of premium coffee machines Göttelborn, Germany, June 14, 2019. Nanogate SE, a leading global technology company for design-oriented, multifunctional components and surfaces, is expanding its market position in the target market of household appliances and strengthening its industrial business. The cumulative order volume is worth more than EUR 10 million. Starting in the third quarter of 2019, Nanogate will supply components for premium coffee machines to a leading international manufacturer. The components will incorporate the environmentally-friendly chrome replacement technology developed by Nanogate, which additionally enables various design options (such as high gloss or matte). Further additional functions, even sensors, can also be integrated in the long term. In the field of artificial metals, Nanogate has developed multiple technologies for the metallization of plastics. Ralf Zastrau, CEO of Nanogate SE: "Our focus on innovative, design-oriented components and surfaces is increasingly paying off. Metallized plastics are in high demand, particularly for household appliances. With this new multimillion-euro order, we are underscoring our strong position in this market and increasing our industrial business at an above-average rate as announced." Nanogate SE Nanogate (ISIN DE000A0JKHC9) is a leading global technology company for design-oriented, multifunctional components and surfaces. The Group employs around 1,700 people. Nanogate develops and produces design-oriented surfaces and components and enhances them with additional properties (e.g. nonstick, scratchproof, anticorrosive). The Group has first-class references (e.g. Airbus, Audi, August Brötje, BMW, BSH Hausgeräte, Daimler, FILA, Ford, Fresenius, GM, Jaguar, Junghans, Porsche and Volkswagen). Several hundred mass production projects for customers have already been implemented successfully. The Nanogate Group is represented on both sides of the Atlantic with its own production facilities. True to its slogan "A world of new surfaces," Nanogate is a long-standing innovation partner who opens up the diverse possibilities offered by new materials to companies in a wide range of industries. It aims to improve customers' products and processes and to provide environmental benefits by using multifunctional surfaces, such as those made of plastic or metal, and innovative plastic components. The Group focuses on attractive applications, primarily for the mobility, aviation, home appliances, interior, leisure, and medical sectors - its target industries. As a systems provider, Nanogate broadly covers the value chain: design and engineering, materials development for surface systems, series coating of various different substrates as well as the production and enhancement of complete plastic components. The main value drivers are the opening up of international markets and the development of new applications, particularly for the strategic areas of glass-like (N-Glaze) and metallized surfaces (N-Metals). Disclaimer This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate SE (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public. 14.06.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | NANOGATE SE |
Zum Schacht 3 | |
66287 Göttelborn | |
Germany | |
Phone: | +49 (0)6825/95 91 0 |
Fax: | +49 (0)6825/95 91 852 |
E-mail: | nanogate@wmp-ag.de |
Internet: | www.nanogate.de |
ISIN: | DE000A0JKHC9, |
WKN: | A0JKHC |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 824903 |
End of News | DGAP News Service |