DGAP-Ad-hoc: R. Stahl AG / Key word(s): Miscellaneous R. STAHL is taking measures to examine and to procure conformity of visual signalling devices of the product series 6161 Waldenburg, 6 July 2021 - The Executive Board of R. STAHL AG has initiated to examine a total of approx. 11,000 supplied visual signalling devices of the product series 6161 for conformity with technical safety requirements (ATEX regulations) and to take corrective measures to achieve compliance. In connection with a customer complaint, R. STAHL determined as part of its quality assurance management that the mentioned signalling devices may, in very rare cases, not fully comply with product safety regulatory requirements. Tests have shown that, depending on the environmental influences, water can enter and subsequently cause a short circuit in the electronics. This affects the flash signalling devices with product number 6161/2-1* and the continuous signalling devices with product number 6161/3-1* each operated with 230 Volt. R. STAHL is not aware of any claims arising from this to date. R. STAHL will inform customers in due time and take further measures in coordination with the competent market surveillance authority. The costs for the upcoming examination of the signalling devices and the follow-up measures that may be required (conversion, replacement) cannot yet be quantified conclusively. The final costs will depend on whether compliance of the affected signalling devices will be achieved via replacement with a substitute product or via retrofitting, which is currently still subject to technical review. The Executive Board further assumes that the costs for installation and removal incurred in connection with these measures are covered by the insurance coverage of the existing liability insurance. Forward-looking statements Contact: R. STAHL AG Dr. Thomas Kornek Senior Vice President Investor Relations & Corporate Communications Am Bahnhof 30 74638 Waldenburg (Württ.) Germany
06-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | R. Stahl AG |
Am Bahnhof 30 | |
74638 Waldenburg | |
Germany | |
Phone: | +49 (7942) 943-0 |
Fax: | +49 (7942) 943-4333 |
E-mail: | investornews@stahl.de |
Internet: | www.r-stahl.com |
ISIN: | DE000A1PHBB5 |
WKN: | A1PHBB |
Listed: | Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange |
EQS News ID: | 1215889 |
End of Announcement | DGAP News Service |
|
1215889 06-Jul-2021 CET/CEST
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.