Quantcast
 
Read Larry Connors' blogShort Term Trading Strategies


 

Announcement pursuant to Section 23 para. 1 sentence 1 no. 2 of the German Securities Acquisition and Takeover Act (WpUG)

Tue. July 08, 2008; Posted: 08:48 AM
Stocks RSS
NEW YORK, Jul 08, 2008 (BUSINESS WIRE) -- DSOLF | Quote | Chart | News | PowerRating -- On May 15, 2008, Pyramus S.a r.l., Luxembourg ("Bidder"), published the offer document for its voluntary takeover offer ("Offer") to the shareholders of D+S europe AG, Hamburg, to acquire all bearer shares with no par value held by shareholders of D+S europe AG ("D+S europe Shares") (ISIN DE0005336804 and DE000A0SFQ82).

Within the acceptance period, which expired on July 3, 2008, 24:00 hours Central European Summer Time, the Offer has been accepted for a total number of 6,973,463 D+S europe Shares, corresponding to approx. 17.07 % of the registered share capital and the voting rights of D+S europe AG.

As of the end of the acceptance period, the Bidder held a total of 27,124,939 D+S europe Shares (= approx. 66.41 % of the registered share capital and the voting rights of D+S europe AG). As of today, the Bidder holds further 582,000 D+S europe Shares (= approx. 1.42 % of the registered share capital and the voting rights of D+S europe AG), which the Bidder purchased outside the offer during July 2 through July 4, 2008 and which have been transferred to the Bidder after expiry of the acceptance period.

Pursuant to Section 30 para. 1 sentence 1 no. 1 WpUG, the voting interest of the Bidder in D+S europe AG is attributed in full to the persons acting jointly with the Bidder set out in Annex 1 and Annex 3 of the offer document.

To the knowledge of the Bidder, neither persons acting jointly with the Bidder pursuant to Section 2 para. 5 WpUG nor their subsidiaries hold further D+S europe Shares as of the end of the acceptance period; also, to the knowledge of the Bidder, no voting rights resulting from further D+S europe Shares are attributed the Bidder, or persons acting jointly with the Bidder or their subsidiaries, pursuant to Section 30 WpUG as of the end of the acceptance period.

Pursuant to Section 16 para. 2 sentence 1 WpUG all shareholders of D+S Europe AG who have not yet accepted the Offer may still accept the Offer within two weeks after this publication, i.e. until July 22, 2008, 24:00 hours Central European Summer Time pursuant to Section 4.5 in conjunction with Section 10.1.6 of the offer document. Announcement pursuant to Section 23 para. 2 German Securities Acquisition and Takeover Act (WpUG)

On July 7, 2008, and, thereby, after publication of the offer document, the Bidder purchased a total number of 39,000 D+S europe Shares outside the offer on the stock exchange at a maximum purchase price of EUR 13.00 per share to be paid in cash. Such D+S europe Shares purchased on the stock exchange correspond to approx. 0.10 % of the registered share capital and the voting rights of D+S europe AG. The transfer of such D+S europe Shares to the Bidder is expected to take place on July 9, 2008.

Luxembourg, July 8, 2008

Pyramus S.a r.l.

Disclaimer:

This announcement is neither an offer to purchase nor a solicitation of an offer to sell any securities.

The offer document ("Offer Document") for the Offer will be distributed solely in accordance with the provisions of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Ubernahmegesetz) and in compliance with certain applicable provisions of the securities laws and regulations of the United States and certain exemptions from Canadian securities laws. The forwarding, distribution or other dissemination of the Offer Document or other documents relating to the Offer by third parties pursuant to applicable provisions of any legal system other than those of the Federal Republic of Germany, the United States of America and, in accordance with applicable exemptions therefrom, Canada, is not permitted and is not intended by the Bidder. Persons who come into possession of the Offer Document or other documents relating to the Offer outside the Federal Republic of Germany or the United States or Canada or who want to accept the Offer and are subject to the provisions of capital market or securities laws or regulations other than those of the Federal Republic of Germany or the United States or Canada are required to familiarize themselves and comply with the respective capital market or securities laws and regulations before accepting the Offer. The Bidder and the persons acting jointly with the Bidder expressly exclude all liability for non-compliance with applicable laws or regulations by third parties.

SOURCE: Pyramus S.a r.l.

Deutsche Bank AG Christian Werner, +49-69-910 36668

For full details for DSOLF click here.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Most Popular News
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.