EANS-Adhoc: D+S europe AG: Squeeze-out request of Pyramus S.à r.l.
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
Company Information
14.04.2009
Hamburg, April 14, 2009. Pyramus S.à r.l., a company based in Luxembourg and controlled by funds advised by Apax Partners Worldwide LLP, has today sent a formal demand to the management board of D+S europe AG (ISIN: DE0005336804), demanding that the company´s annual shareholders´ meeting resolve to transfer the shares of minority shareholders to the majority shareholder, Pyramus S.à r.l., in exchange for an appropriate cash compensation (`squeeze-out´). Pyramus S.à r.l. holds 95.15% of the share capital of D+S europe AG and, thus, is main shareholder in terms of section 327a paragraph 1 sentence 1 of the German Companies Act (AktG). The company intends to put the motion made by Pyramus S.à r.l. to a vote at the 2009 annual shareholders´ meeting which is anticipated to take place in Hamburg in August 2009. The appropriate cash compensation to be paid to the minority shareholders will be determined based on an evaluation of the company which has to be made.
end of announcement euro adhoc
Further inquiry note:
Investor Relations
Tel.: +49 (0)40 4114-3338
E-Mail: investor-relations@dseurope.ag
Branche: Advertising
ISIN: DE0005336804
WKN: 533680
Index: CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade