Brief: DIC Asset exceeds 25% threshold for VIB Vermögen

BRANICKS AG

23/02/2022 08:04

Feb 23 (Reuters) - DIC ASSET AG  DICn.DE :
    * SAID ON TUESDAY: EXCEEDS 25% THRESHOLD FOR VIB VERMÖGEN
    * HAS INCREASED ITS INTEREST IN VIB VERMÖGEN AG THROUGH
ADDITIONAL
PURCHASES OUTSIDE OF ITS VOLUNTARY PARTIAL PUBLIC OFFER FOR UP
TO 6,500,000 VIB SHARES
    * AS A RESULT, DIC HAS EXCEEDED THE THRESHOLD OF 25 % FOR A
QUALIFIED INTEREST AND HOLDS A STAKE IN VIB OF AROUND 28.4%
    * AS SHARES ACQUIRED OUTSIDE THE OFFER ARE FULLY CREDITED,
DIC
ONLY NEEDS A FEW MORE PERCENT OF VIB SHARES TO REACH MINIMUM
ACCEPTANCE MINIMUM ACCEPTANCE THRESHOLD FOR ACQUISITION OFFER OF
30%
    * DIC RESERVES THE RIGHT TO CONTINUE TO ACQUIRE SHARES
OUTSIDE THE
OFFER

    
 Further company coverage:  DICn.DE  

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