Corporate News back to the archive SMT Scharf AG publishes annual report for FY 2020 Consolidated revenue of EUR 50.2 million in 2020 well below previous year Operating result (EBIT) negative at EUR -8.1 million after impairment charges and ...
March 1, 2021 SMT Scharf AG: Revenue and earnings in 2020 significantly impacted by coronavirus and one-off effects
SMT Scharf AG (WKN 575198, ISIN DE0005751986), one of the world’s leading suppliers of customised transport solutions and logistics systems for underground mining, reports revenue of EUR 50.2 million for the 2020 fiscal year on the basis of preliminary figures (2019: EUR 75.4 million).
January 12, 2021 SMT Scharf AG: Major shareholders acquire control of SMT Scharf AG and make mandatory offer
Corporate News to the archive Major shareholders acquire control of SMT Scharf AG and make mandatory offer Major shareholders jointly acquire 30.24 % of the voting rights in the company SMT Scharf reaches agreement with major shareholders on downlisting in the...
Ad hoc news
SMT Scharf AG approves capital increase against cash capital contributions from Authorised Capital and plans joint venture in China; completion of China III approval not expected until Q3 2021
Hamm, May 25, 2021 – The Managing Board of SMT Scharf AG (“SMT”) (German Securities Code (WKN) 575198, ISIN DE0005751986) passed a resolution today, with the approval of the Supervisory Board, to implement a capital increase from Authorised Capital against cash capital contributions by issuing up to 901,456 new no-par value bearer shares with indirect subscription rights (“New Shares”). This corresponds to an increase in SMT’s existing share capital of up to 19.5 %. Quirin Privatbank AG, Berlin, has entered into a commitment to SMT to offer the New Shares to existing shareholders at a subscription ratio of 41:8 (indirect subscription right); in other words, forty-one old shares entitle the holder to subscribe to eight New Shares. In order to achieve a smooth subscription ratio, one shareholder waived subscription rights from 38 shares.
SMT Scharf AG (German Securities Code (WKN) 575198, ISIN DE0005751986) announced that, as part of the preparation of the 2020 consolidated financial statements on the basis of preliminary figures, it has transpired that the operating result (EBIT) for the 2020 fiscal year is expected to amount to EUR -8.1 million (2019: EUR 6.8 million).
February 25, 2021 SMT Scharf AG: Revocation of admission to the Regulated Market of the Frankfurt Stock Exchange
SMT Scharf AG (German Securities Code (WKN) 575198, ISIN DE0005751986) has been informed as part of its downlisting from the Frankfurt Stock Exchange that the exchange has today published its decision to revoke the admission of the shares of SMT Scharf AG to trading on its Regulated Market and in its Prime Standard segment.