DGAP-News: QSC already entitled to over 90 percent of INFO AG shares
(firmenpresse) - DGAP-News: QSC AG / Key word(s): Offer
QSC already entitled to over 90 percent of INFO AG shares
12.07.2011 / 10:10
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QSC already entitled to over 90 percent of INFO AG shares
- Successful tender offer
- Extended term of acceptance to end on July 26, 2011
- QSC and INFO AG intensify collaboration
Cologne, July 12, 2011. Following the regular term of acceptance for the
voluntary public tender offer to the shareholders of INFO Gesellschaft für
Informationssysteme AG (INFO AG) and including declarations of acceptance
that have now been received, Cologne-based QSC AG is entitled to over 90
percent of the voting rights in the company. Pursuant to the requirements
of the German Securities Purchase and Acquisition Act (WpÜG), INFO
shareholders who have not yet accepted the cash offer of EUR 14.35 per INFO
share are still entitled to retroactively offer their shares until 24:00h,
July 26, 2011.
Thus far, the tender offer has been accepted for 577,205 INFO shares or
14.43 percent of the voting rights. QSC itself holds 2,805,085 INFO shares
directly; this represents 70.13 percent of the INFO AG voting rights. In
addition, INFO AG holds 251,403 treasury shares, which were already held by
INFO AG prior to announcement of the public tender offer. Overall, QSC's
holdings as of the regular term of acceptance, already total 3,633,693 INFO
shares or 90.84 percent of voting rights.
QSC Chief Executive Officer Dr. Bernd Schlobohm notes: 'The high acceptance
rate underscores the attractiveness of our tender offer. We now want to
develop QSC and INFO AG as quickly as possible into an integrated provider
of ICT services for small and mid-size enterprises.' To intensify
collaboration, QSC Chief Financial Officer Jürgen Hermann has held the same
function at INFO AG since July 1, 2011.
QSC - ICT solutions for small and mid-size enterprises
QSC AG, Cologne, is a service provider for voice and data communication, as
well as the ICT services that build upon them. Established in 1997, the
company has been focusing on small and mid-size business customers. QSC is
the first provider to operate an Open Access platform, which unites a wide
range of broadband technologies to offer national and international site
networking, including Managed Services. QSC additionally supplies its
customers and distribution partners with a comprehensive product portfolio
that can be modularly adapted to every need. QSC was the first provider in
Germany to build its own Next Generation Network (NGN), and therefore
enjoys long years of experience in connection with IP-based telephony
solutions, in particular. QSC AG has been listed on the TecDAX index since
2004. The QSC group employs a workforce of some 1,300 people.
Queries to:
QSC AG
Arne Thull
Head of Investor Relations
Phone: +49 221 6698-724
Fax: +49 221 6698-009
E-mail: invest(at)qsc.de
Internet: www.qsc.de
End of Corporate News
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12.07.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: QSC AG
Mathias-Brüggen-Straße 55
50829 Köln
Deutschland
Phone: +49-221-6698-724
Fax: +49-221-6698-009
E-mail: invest(at)qsc.de
Internet: www.qsc.de
ISIN: DE0005137004
WKN: 513700
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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131690 12.07.2011
Datum: 12.07.2011 - 10:10 Uhr
Sprache: Deutsch
News-ID 34593
Anzahl Zeichen: 0
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Kategorie:
Business News
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