EANS-Adhoc: ANDRITZ AG Decision regarding the review procedure pursuant to
Section 33 of the Austrian Takeover Act
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25.03.2015
On March 25, 2015, the Austrian Takeover Commission notified ANDRITZ AG of the
decision regarding the review procedure pursuant to Section 33 of the Austrian
Takeover Act. The object of the procedure was to review whether there was
wrongfully no mandatory takeover offer submitted (Section 22 et seq. of the
Austrian Takeover Act) in connection with the reorganization measures
implemented by the core shareholders of ANDRITZ AG in August 2014, particularly
by Custos Privatstiftung and Certus Beteiligungs-GmbH, and in connection with
re-transition of a securities loan for ANDRITZ AG shares existing since 2004.
The Takeover Commission stated that there is no infringement regarding the
mandatory takeover offer obligation, thus no mandatory takeover offer must be
submitted. With a few exceptions, Custos Privatstiftung is allowed to exercise
the voting rights it has been attributed between 26% and 30% at least until June
30, 2018.
Further inquiry note:
Dr. Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com
end of announcement euro adhoc
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issuer: Andritz AG
Stattegger Straße 18
A-8045 Graz
phone: +43 (0)316 6902-0
FAX: +43 (0)316 6902-415
mail: welcome@andritz.com
WWW: www.andritz.com
sector: Machine Manufacturing
ISIN: AT0000730007
indexes: WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien
language: English