elexis AG: Publication of the offer document of SMS GmbH for the takeover offer to the shareholders of elexis AG
(firmenpresse) - elexis AG / Key word(s): Enterprise/
elexis AG: Publication of the offer document of SMS GmbH for the
takeover offer to the shareholders of elexis AG
DGAP-Media / 16.06.2011 / 10:17
Wenden, June 16, 2011 - SMS GmbH yesterday published the offer document
with respect to its public takeover offer to acquire all shares of elexis
AG. SMS GmbH, which already holds 2.99% of elexis AG, is the financial
holding of the SMS group, which is entirely owned by the Weiss family.
The offer document, the publication of which was authorized by the German
Federal Financial Supervisory Authority (BaFin), is available online at
www.sms-uebernahmeangebot.de. The acceptance period shall run until 24:00h
on July 13, 2011. Until then, the shareholders of elexis AG may tender
their shares to SMS GmbH against EUR 19.00 per share in cash. According to
information given by SMS GmbH, L. Possehl&Co. mbH, the largest
shareholder in elexis AG with approximately 15.2%, has already agreed to
tender its shares. The takeover offer is particularly dependent upon merger
control clearance of the transaction and a minimum participation threshold
of 50% plus one share.
On May 31, 2011, SMS GmbH and the Management Board of elexis AG signed an
agreement in principle in which certain items regarding the implementation
of the takeover, as well as the future cooperation of the two companies
after succesful consummation of the takeover, were agreed upon. The
organizational integration of elexis AG into the SMS group as an
independent subsidiary of SMS GmbH was also stipulated in the agreement in
principle. In addition, the agreement in principle contains assurances by
SMS GmbH to maintain the company's locations, jobs and current working
conditions, as well as the sales organization of elexis-group.
As announced, Management Board and Supervisory Board of elexis AG will now
review the offer document and provide a reasoned statement regarding the
takeover offer without undue delay as well as make available the reasoned
statement online at www.elexis.de/Investor Relations/Share information.
End of Media Release
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Language: English
Company: elexis AG
Industriestraße 1
57482 Wenden
Deutschland
Phone: +49 (0)2762 612 - 130
Fax: +49 (0)2762 612 - 135
E-mail: eicke(at)elexis.de
Internet: www.elexis.de
ISIN: DE0005085005
WKN: 508500
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of News DGAP-Media
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128751 16.06.2011
Datum: 16.06.2011 - 10:17 Uhr
Sprache: Deutsch
News-ID 34396
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Kategorie:
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