|
DGAP-WpÜG: Voltage BidCo GmbH / Tender Offer Announcement of the decision to make a Bidder: Company: On 7 October 2021, Voltage BidCo GmbH (the "Bidder"), a holding company controlled by investment funds advised by The Carlyle Group, decided to make a delisting takeover offer (öffentliches Delisting Erwerbsangebot) to the shareholders of Schaltbau Holding AG (the "Company") for the acquisition of all non-par value registered shares in the Company (ISIN DE000A2NBTL2), not directly held by the Bidder, each share representing a proportionate amount of EUR 1.22 of the share capital of the Company, (the "Schaltbau Shares") against payment of a cash offer price at an amount which corresponds to the statutory minimum offer price (the "Delisting Offer"). The statutory minimum offer price is in view of the Bidder equal to an amount of EUR 53.50 per Schaltbau Share due to the relevant acquisition of Schaltbau Shares by the Bidder within a six months period prior to this publication. As of today, the Bidder currently holds 149,907 Schaltbau Shares, which corresponds to approximately 1.38% of the Company's entire share capital as of 30 September 2021. On 25 August 2021, the Bidder has launched a voluntary public takeover offer for all outstanding shares of the Company. During the acceptance period which ended on 22 September 2021, the takeover offer has been accepted for 8,032,191 Schaltbau Shares, which corresponds to approximately 74.02% of the Company's entire share capital as of 30 September 2021. The additional acceptance period will end on 11 October 2021. The Bidder intends to coordinate with the Company that the Company applies for the revocation of the admission to trading of the Schaltbau Shares on the regulated market (regulierter Markt) prior to the expiration of the acceptance period of the Delisting Offer. The offer document for the Delisting Offer (in the German language and a non-binding English translation thereof) and other information relating to the Delisting Offer will be published on the internet at www.voltage-offer.com. Important Notice This announcement is neither an offer to purchase nor a solicitation of an offer to sell shares in the Company. The Delisting Offer itself as well as its terms and conditions and further provisions concerning the Delisting Offer will be set out in the offer document in detail after the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht) has permitted the publication of the offer document. Investors and holders of shares in the Company are strongly advised to thoroughly read the offer document and all other relevant documents regarding the Delisting Offer upon their availability since they will contain important information. The Delisting Offer will exclusively be subject to the laws of the Federal Republic of Germany and certain applicable provisions of securities laws of the United States of America. Any agreement that is entered into as a result of accepting the Delisting Offer will be exclusively governed by the laws of the Federal Republic of Germany and is to be interpreted in accordance with such laws. Munich, 7 October 2021 Voltage BidCo GmbH
07.10.2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, Stuttgart, Tradegate Exchange |
| End of News | DGAP News Service |
|
|
1238949 07.10.2021 CET/CEST
P R O D U C T S U G G E S T I O N S
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.
