{"id":4322,"date":"2025-07-01T20:26:39","date_gmt":"2025-07-01T18:26:39","guid":{"rendered":"https:\/\/www.rwt.ag\/?p=4322"},"modified":"2025-07-01T20:26:39","modified_gmt":"2025-07-01T18:26:39","slug":"rwt-ag-wirtschaftspruefer-uebt-redepflicht-gemaess-%c2%a7-273-abs-2-ugb","status":"publish","type":"post","link":"https:\/\/www.rwt.ag\/en\/rwt-ag-wirtschaftspruefer-uebt-redepflicht-gemaess-%c2%a7-273-abs-2-ugb\/","title":{"rendered":"RWT AG: Auditor exercises duty to speak according to \u00a7 273 (2) UGB"},"content":{"rendered":"

Examination of the potential equity valuation of the participation in RWT Hornegger & Thor GmbH<\/strong><\/p>\n

The auditor of RWT AG, in the course of auditing the annual financial statements as of January 31, 2025, of RWT AG (\u201eCompany\u201c), has identified the following reportable matters and today exercised the duty to report according to \u00a7 273 para. 2 UGB towards the Management Board and the members of the Supervisory Board of RWT AG:<\/p>\n

The company holds a 100% stake in RWT Hornegger & Thor GmbH. Its economic development in the fiscal year 2024\/2025, ending on January 31, 2025, did not proceed as planned. Due to the insolvency of the main customer, KTM, neither the expected revenue nor the planned profit after taxes could be achieved. In the current fiscal year 2025\/2026, the consequences of the KTM insolvency have continued, resulting in significant revenue losses and a negative quarterly result.<\/em><\/p>\n

The economic development of RWT Hornegger & Thor GmbH thus depends significantly on the successful acquisition of new customers and the future of KTM.<\/em><\/p>\n

The assets and development of RWT AG are again significantly dependent on the future business performance of RWT Hornegger & Thor GmbH, so that a threat to the subsidiary's assets has an immediate impact on the 100%percent parent company RWT AG.<\/em><\/p>\n

The current situation presented therefore represents a risk, in our view, that could jeopardize the existence of RWT AG.<\/em><\/p><\/blockquote>\n

In addition, the auditor recommended a review of the collection of the dividend distribution recognized by the subsidiary RWT Hornegger & Thor GmbH, which is phased in accordance with Section 82 (5) of the German Limited Liability Companies Act (GmbHG).<\/p>\n

Statement of the Board of Directors:
\nThe executive board will work with the auditor to provide the documents requested by the auditor (impairment test on the carrying amount of the investment, updated company planning) to assess the impact of the KTM insolvency and the steps taken in the meantime to turn around the subsidiary. This will also be used to assess any necessary unscheduled write-downs of the investment in the subsidiary RWT Hornegger & Thor GmbH.<\/p>\n

The board of directors<\/p>\n

 <\/p>\n

 <\/p>\n

Legal Notice \/ Disclaimer:<\/strong><\/p>\n

This announcement is a mandatory disclosure in accordance with Article 17 of the Market Abuse Regulation. This announcement does not constitute an offer to purchase securities or an invitation to submit an offer to purchase securities of RWT AG. Any future offering of securities of the company will be made in compliance with and based on the applicable capital market regulations.<\/p>\n

 <\/p>\n

THIS COMMUNICATION IS NOT FOR PUBLICATION OR DISTRIBUTION OR FORWARDING, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION OR FORWARDING WOULD BE UNLAWFUL.<\/p>\n

 <\/p>\n

 <\/p>\n

Follow-up request and contact information:<\/strong><\/p>\n

 <\/p>\n

RWT AG
\nGseng 90<\/p>\n

A-5442 Russbach<\/p>\n

Austria<\/p>\n

 <\/p>\n

 <\/p>\n

Contact person:<\/p>\n

Reinhard Thor<\/p>\n

+43 6242 471 10<\/p>\n

r.thor@r-w-t.com<\/p>\n

 <\/p>","protected":false},"excerpt":{"rendered":"

Pr\u00fcfung etwaiger Wertberechtigung der Beteiligung an der RWT Hornegger & Thor GmbH Der Wirtschaftspr\u00fcfer der RWT AG hat im Rahmen der Pr\u00fcfung des Jahresabschlusses zum 31.01.2025 der RWT AG (\u201eGesellschaft\u201c) folgende berichtspflichtige Sachverhalte festgestellt und heute gegen\u00fcber dem Vorstand und den Mitgliedern des Aufsichtsrates der RWT AG die Redepflicht gem\u00e4\u00df \u00a7 273 Abs. 2 UGB […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-4322","post","type-post","status-publish","format-standard","hentry","category-ad-hoc-meldungen"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/posts\/4322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/comments?post=4322"}],"version-history":[{"count":6,"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/posts\/4322\/revisions"}],"predecessor-version":[{"id":4329,"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/posts\/4322\/revisions\/4329"}],"wp:attachment":[{"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/media?parent=4322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/categories?post=4322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/tags?post=4322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}