DGAP-Ad hoc
Teleplan International NV english
Ad hoc announcement §15 WpHG
Preliminary figures 2004
Teleplan: FY 2004 Figures Affected by Comprehensive Restructuring Activities
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Veldhoven, The Netherlands, March 31, 2005
Teleplan International N.V. today released preliminary figures for the
financial year ending December 31, 2004.
Group revenue amounted to EUR 270.5m compared to EUR 292.7m in FY 2003.
Reasons for the decline were a negative impact of EUR 15.8 m of the US $/EUR
exchange rate, the discontinuation of non-performing business activities as
well as the sale of the business activities in France. The remaining business
activities performed on last year´s level. Teleplan has successfully managed
to retain its core customer base.
The FY 2004 net result was minus EUR 72m. The operational business came in
with a negative EBITDA of EUR 6.9 m and a net loss of EUR 25.7 m. A
significant contribution to the negative result of EUR 72m came from
restructuring costs in the amount of EUR 27.4m. Additionally, impairment
charges were EUR 19.0 m. The loss of the FY 2003 was EUR 42.3m.
As part of the restructuring program, Teleplan completed a financial
restructuring comprising, among other measures, the extension of existing bank
facilities and the issue of new shares and convertible zero bonds in exchange
for EUR 14m cash and a conversion of debt in the amount of EUR 16m. The total
number of new common shares issued was 7,380,951, the total number of
convertible zero bonds issued was 19,666,667. The zero bonds are not publicly
listed. They carry a nominal value of EUR 1.00 and the right to convert each
bond at a conversion price for each share of EUR 0.90. Therefore, at any time
during the conversion period starting from November 1, 2005, the 19,666,667
bonds can be converted into 21,851,852 new shares.
Final figures will be released on April 26, 2005 together with the results for
the first three months of the current financial year.
For further information please contact:
Mr. Gotthard Haug, CFO
Phone: + 31 40 255 86 70
Fax: + 31 40 255 73 11
www.teleplan.com
Charlotte Frenzel, Frenzel & Co. GmbH
Unternehmensberatung für Kapitalmarktfragen
Phone: + 49 6171 50 80 171
www.frenzelco.de
Teleplan International N.V.
De Run 1120
NL - 5503 LA Veldhoven
Netherlands
ISIN: NL0000229458 (SDAX)
WKN: 916980
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München, Stuttgart
End of ad hoc announcement (c)DGAP 31.03.2005
Teleplan International N.V. today released preliminary figures for the
financial year ending December 31, 2004.
Group revenue amounted to EUR 270.5m compared to EUR 292.7m in FY 2003.
Reasons for the decline were a negative impact of EUR 15.8 m of the US $/EUR
exchange rate, the discontinuation of non-performing business activities as
well as the sale of the business activities in France. The remaining business
activities performed on last year´s level. Teleplan has successfully managed
to retain its core customer base.
The FY 2004 net result was minus EUR 72m. The operational business came in
with a negative EBITDA of EUR 6.9 m and a net loss of EUR 25.7 m. A
significant contribution to the negative result of EUR 72m came from
restructuring costs in the amount of EUR 27.4m. Additionally, impairment
charges were EUR 19.0 m. The loss of the FY 2003 was EUR 42.3m.
As part of the restructuring program, Teleplan completed a financial
restructuring comprising, among other measures, the extension of existing bank
facilities and the issue of new shares and convertible zero bonds in exchange
for EUR 14m cash and a conversion of debt in the amount of EUR 16m. The total
number of new common shares issued was 7,380,951, the total number of
convertible zero bonds issued was 19,666,667. The zero bonds are not publicly
listed. They carry a nominal value of EUR 1.00 and the right to convert each
bond at a conversion price for each share of EUR 0.90. Therefore, at any time
during the conversion period starting from November 1, 2005, the 19,666,667
bonds can be converted into 21,851,852 new shares.
Final figures will be released on April 26, 2005 together with the results for
the first three months of the current financial year.
For further information please contact:
Mr. Gotthard Haug, CFO
Phone: + 31 40 255 86 70
Fax: + 31 40 255 73 11
www.teleplan.com
Charlotte Frenzel, Frenzel & Co. GmbH
Unternehmensberatung für Kapitalmarktfragen
Phone: + 49 6171 50 80 171
www.frenzelco.de
Teleplan International N.V.
De Run 1120
NL - 5503 LA Veldhoven
Netherlands
ISIN: NL0000229458 (SDAX)
WKN: 916980
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München, Stuttgart
End of ad hoc announcement (c)DGAP 31.03.2005
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