D+S europe AG: Apax has secured 85.01 percent of voting rights
Hamburg (euro adhoc) -
- Takeover successfully concluded - Acceptance period further extended to July 22, 2008 in accordance with Securities Acquisition and Takeover Act (WpÜG)
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Hamburg, July 8, 2008. The voluntary public takeover offer for D+S europe AG (ISIN: DE0005336804) by Pyramus S.à r.l. has raised wide interest amongst the shareholders. Consequently the investment company, which belongs to Apax Partners, has secured 83.49 percent of the nominal capital of D+S europe AG after expiration of the takeover offer on July 3, 2008. Additionally, 1.52 percent of the nominal capital of D+S europe AG were purchased outside the offer on the stock exchange from July 2 to July 7, 2008 and will be transferred to Pyramus within the next few days. The offer did not depend on any minimum acceptance rate, conclusion of a control and profit transfer agreement has not been earmarked. The EU commission in charge approved the takeover offer from a merger control aspect on June 25, 2008.
In accordance with the terms of the Securities Acquisition and
Takeover Act, after publication of the result by Pyramus the
acceptance period will be extended by another two weeks
("Zaunkönig-Regelung") giving undecided shareholders the opportunity
to accept the offer at the conditions published. This period will end
on July 22, 2008. The takeover offer of Pyramus ranges to EUR 13.00
per share in cash. This price represents a premium of about 44
percent of the volume-weighted average price of the past three months
prior to publication of the decision on the submittal of the takeover
offer.Management of D+S europe AG is pleased to have found a long-term oriented investor and strong partner, who will support the initiated growth course of the Company. Moreover Pyramus has confirmed the intention made in its offer document, in the medium term to maintain D+S europe AG as an independent listed enterprise headquartered in Hamburg.
About D+S europe: D+S europe AG with over 6,000 employees Europe-wide is the leading solutions provider for comprehensive e-commerce and customer contact management. Regardless of the communication channel, whether via fixed or mobile networks, the Internet, TV or in writing, D+S europe manages the contacts of internationally leading enterprises with millions of private customers. For renowned brand manufacturers D+S europe operates online shops and Europe-wide e-commerce business. D+S europe AG´s share is listed in Prime Standard and in SDAX. For further informationen please refer to www.dseurope.ag
end of announcement euro adhoc
Further inquiry note:
D+S europe AG, Kapstadtring 10, 22297 Hamburg
Director Corporate Communications & Marketing
Thiess Johannssen, Telefon: +49 (0) 40.4114-1400, Telefax: +49 (0) 40.4114-3399
t.johannssen@dseurope.ag
Branche: Advertising
ISIN: DE0005336804
WKN: 533680
Index: SDAX, 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