Imtech: Further update on discussion with financiers and current situation

• Further discussions with financiers have not (yet) led to additional financing of Royal Imtech
• Imtech Germany and Royal Imtech are considering all options

Further to its press releases of 28 July, 4 and 5 August last, Royal Imtech N.V. ('Royal Imtech') provides a further update on the discussion with its financiers and the current situation.

As announced previously, discussions on long term structural solutions and an amendment to the financing arrangements, including an increase in liquidity headroom for the group and its subsidiaries have not led to an agreement.

Further discussions with the financiers were held over the last day. Also these discussions have not (yet) resulted in any agreement of additional financing for Royal Imtech or any of its subsidiaries.

Royal Imtech and Imtech Germany are evaluating the current situation and its consequences and are considering all options.

Royal Imtech will update the market as soon as possible more specifically on the consequences of these developments. 

More information

Imtech profile

Royal Imtech N.V. is a European technical services provider in the fields of electrical solutions, automation and mechanical solutions. With approximately 22,000 employees, Imtech holds attractive positions in the buildings and industry markets in the Netherlands, Belgium, Luxembourg, Germany, Eastern Europe, Sweden, Norway, Finland, the UK, Ireland and Spain, the European market of Traffic as well as in the global marine market. Imtech offers integrated and multidisciplinary total solutions that lead to better business processes and more efficiency for customers and the customers they, in their turn, serve. Imtech also offers solutions that contribute towards a sustainable society - for example, in the areas of energy, the environment, water and traffic. Imtech shares are listed on Euronext Amsterdam.