KHD receives Letter of Confirmation

Cologne, Germany, July 19, 2022 – On July 7, 2022, Humboldt Wedag India Private Limited (HW India), New Delhi, India, a subsidiary of KHD Humboldt Wedag International AG (KHD), Cologne, received a Letter of Confirmation from the customer UltraTech Cement Limited. The Letter of Confirmation relates to two new kiln lines and eight clinker grinding units (out of which one clinker grinding unit also has one slag grinding unit) with KHD roller presses. The engineering and supply of equipment as well as supervision services related to erection and commissioning comprise a potential order volume of more than € 50 million. The customer as well as HW India are currently negotiating with the aim of concluding a corresponding EP (Engineering and Procurement) contract package.

HW India will book the order intake after the contracts will have been concluded and all the conditions to fully commence with the execution of the work as specified in the contracts are fulfilled.

Additional Information

ISIN: DE0006578008
Securities identification number (WKN): 657800
Market segment: Regulated Market (General Standard) of the Frankfurt Stock Exchange

KHD Humboldt Wedag International AG
Von-der-Wettern-Str. 4a
51149 Cologne, Germany

Contact

KHD Humboldt Wedag International AG
Jürgen Luckas
Chief Financial Officer

Tel.: +49 (0)221 – 6504-1107
E-Mail: juergen.luckas@khd.com
Website: www.khd.com

Related topics

KHD Humboldt Wedag International AG: Supervisory Board member appointed

Contrary to the procedure described on page 151 of the securities prospectus of December 29, 2010, new major shareholder Max Glory Industries Limited (“Max Glory”) has not appointed a Supervisory Board member following the capital increase for KHD Humboldt Wedag International AG (“KHD”).

KHD Humboldt Wedag International AG successfully completes capital increase

KHD Humboldt Wedag International AG (KHD) successfully concluded its capital increase today. The capital increase, which is from approved capital and grants statutory subscription rights to existing shareholders, formed the subject of a Management Board resolution with Supervisory Board assent on December 21, 2010.

KHD Humboldt Wedag International AG: Sufficient Shares Available For CATIC

On January 19, 2011, the subscription period for new shares of KHD Humboldt Wedag International AG (“Company”) ended. As announced in the ad hoc disclosure from December 21, 2010, the capital increase would be completed only if upon close of the subscription period sufficient shares from the authorized capital remain available to permit CATIC’s indirect subsidiary Max Glory Industries Ltd. (“MGI”) to subscribe for such a number of new shares which results in MGI holding 20% of the shares in the Company post completion.