EQS-Ad-hoc: BAUER Aktiengesellschaft / Key word(s): Delisting Schrobenhausen, Germany – The Executive Board of BAUER Aktiengesellschaft (ISIN DE0005168108) has decided to support the delisting of the shares of BAUER AG from the Regulated Market of the Frankfurt Stock Exchange as sought by SD Thesaurus GmbH and the Supervisory Board of the company has approved this decision today. For this purpose, BAUER AG and SD Thesaurus GmbH will conclude a corresponding delisting agreement. SD Thesaurus GmbH can now structure the triggered mandatory offer procedure as a delisting offer at the same time and submit an offer to the shareholders in accordance with section 39 para. 2 item 1 of the Stock Exchange Act. The company is commited to file an application for revocation of the admission of the company's shares to trading on the Regulated Market of the Frankfurt Stock Exchange during the acceptance period of the Delisting Acquisition Offer, so that a delisting should become effective shortly after completion of the Delisting Acquisition Offer at the latest. BAUER AG will not apply for inclusion of its shares in the Open Market of a stock exchange. The decision to delist was taken because the economic benefit of including the company's shares in the Regulated Market no longer justifies the associated expense. The regulatory framework caused by the capital market listing is increasingly restricting the company and causing significant additional costs to comply with and implement the numerous legal requirements. The withdrawal is associated with a reduction in the company's future administrative and cost expenditure. After presentation of the offer document by SD Thesaurus GmbH, the Executive Board and the Supervisory Board will comment on this separately. Contact: Christopher Wolf Investor Relations BAUER Aktiengesellschaft BAUER-Strasse 1 86529 Schrobenhausen, Germany Phone: +49 8252 97-1797 Fax: +49 8252 97-2900 investor.relations@bauer.de www.bauer.de End of Inside Information
18-Apr-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | BAUER Aktiengesellschaft |
BAUER-Straße 1 | |
86529 Schrobenhausen | |
Germany | |
Phone: | +49 (0)8252 97 1218 |
Fax: | +49 (0)8252 97 2900 |
E-mail: | investor.relations@bauer.de |
Internet: | www.bauer.de |
ISIN: | DE0005168108 |
WKN: | 516810 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1610541 |
End of Announcement | EQS News Service |
|
1610541 18-Apr-2023 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.