EQS-Adhoc: Rath AG // Rath Group reaches agreement with its key financial creditors on the terms of a transformation agreement and launches a transformation programme
EQS-Ad-hoc: Rath AG / Key word(s): Financing/Strategic Company Decision
Rath AG // Rath Group reaches agreement with its key financial creditors
on the terms of a transformation agreement and launches a transformation
programme
16-Oct-2026 / 20:08 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by [1]EQS News – a service of
[2]EQS Group.
The issuer is solely responsible for the content of this announcement.
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Rath Aktiengesellschaft // Rath Group reaches agreement with its key
financial creditors on the terms of a transformation agreement and
launches a transformation programme involving the closure and relocation
of production sites
Vienna, 16^th October 2026. Rath Aktiengesellschaft and four of its
subsidiaries have reached agreement with their key financial creditors on
the terms of an agreement governing a transformation process. The
agreement provides for the adjustment and extension of the existing
financing arrangements until 31 December 2029.
The financing arrangements will be subject to higher interest rates and
fees and the provision of extensive collateral. The parties have agreed,
in principle, to suspend ongoing principal repayments until 31 December
2029, with any early repayments to be made, where applicable, from excess
liquidity and extraordinary cash inflows. The agreement also provides for
a waiver of dividend distributions.
As part of the Rath Group’s transformation process, its European
production network is to be reorganised by 31 December 2028. The
production site in Meißen, Germany, will be discontinued, and production
will be relocated to the existing sites in Krummnußbaum, Austria, and
Owensville, USA. Employees at the Meißen site will be offered continued
employment at the Bennewitz site in Germany.
The production site in Budapest, Hungary, will be closed by 31 December
2028. Most of the production capacity currently located there will be
transferred to the sites in Krummnußbaum and Bennewitz. The measures are
intended to increase efficiency and improve the Group’s cost structure.
The full announcement is available on RATH AG’s Investor Relations website
at:
[3]Financial Information – RATH Group
Contact for enquiries:
Andreas Pfneiszl
CEO
[4]Andeas.pfneiszl@rath-group.com
End of Inside Information
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16-Oct-2026 CET/CEST News transmitted by [5]EQS Group
View original content: [6]EQS News
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Language: English
Company: Rath AG
Walfischgasse 14
1010 Wien
Austria
Phone: +43 1 513 4427-0
Fax: +43 1 513 4428-87
Internet: www.rath-group.com
ISIN: AT0000767306
WKN: 878275
Listed: Vienna Stock Exchange (Official Market)
LEI Code: 5299009A2CSKJBWWKY81
EQS News ID: 2417520
End of Announcement EQS News Service
2417520 16-Oct-2026 CET/CEST
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References
~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
2. https://nwr.eqs-cockpit.com/fncls2.ssx?fn=redirect&url=f5d50dc7e8798b6eb177f7955e598e60&application_id=2417520&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
3. https://nwr.eqs-cockpit.com/fncls2.ssx?fn=redirect&url=090f04a684311f0078e904589ba59416&application_id=2417520&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
4. Andeas.pfneiszl@rath-group.com
5. https://nwr.eqs-cockpit.com/fncls2.ssx?fn=redirect&url=f5d50dc7e8798b6eb177f7955e598e60&application_id=2417520&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
6. https://nwr.eqs-cockpit.com/fncls2.ssx?fn=redirect&url=ad7eaf332427c912ba2fa5635f898f20&application_id=2417520&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
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