EANS-Adhoc: Wolford AG / Capital increase of around EUR 22 million approved, Dr. Junyang Shao is the new chairperson of the supervisory board.

--------------------------------------------------------------------------------
Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is responsible for the content of this announcement.
--------------------------------------------------------------------------------

Annual & Special Corporate Meetings
04.05.2018

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

Furthermore, today's extraordinary general meeting appointed Dr. Junyang Shao as
a member of the supervisory board until the end of the 35th annual general
meeting that resolves on the financial year 2021/2022 discharge (replacement for
the resigned supervisory board member Thomas Tschol) and Thomas Dressendörfer as
a member of the supervisory board until the end of the 31st annual general
meeting that resolves on the financial year 2017/2018 discharge (replacement for
the resigned supervisory board member Lothar Reiff). Following the extraordinary
general meeting, the newly constituted supervisory board of Wolford AG elected
Dr. Junyang Shao as chairperson of the supervisory board and Thomas
Dressendörfer as deputy chairperson of the supervisory board.

Further inquiry note:
Wolford AG
Maresa Hoffmann
Investor Relations & Corporate Communications
Tel.: +43 5574 690 1258
investor@wolford.com | company.wolford.com

end of announcement euro adhoc
--------------------------------------------------------------------------------

issuer: Wolford Aktiengesellschaft
Wolfordstrasse 1
A-6900 Bregenz
phone: +43(0) 5574 690-1268
FAX: +43(0) 5574 690-1219
mail: investor@wolford.com
WWW: http://company.wolford.com
ISIN: AT0000834007
indexes: ATX GP
stockmarkets: Wien, New York, Frankfurt
language: English

Original-Content von: Wolford Aktiengesellschaft, übermittelt durch news aktuell