Brief: DIC Asset Increases Shareholding In VIB Vermögen To More Than 20%

BRANICKS AG

22/02/2022 06:17

Feb 22 (Reuters) - DIC ASSET AG  DICn.DE :
    * SAID ON MONDAY: INCREASES ITS SHAREHOLDING IN VIB VERMÖGEN
AG TO
MORE THAN 20%
    * SINCE PUBLISHING ITS VOLUNTARY PUBLIC PARTIAL OFFER FOR UP
TO
6,500,000 SHARES OF VIB VERMÖGEN AG ON 9 FEBRUARY 2022, DIC
ASSET HAS FURTHER EXPANDED ITS STAKE IN VIB
    * DURING THIS PERIOD, DIC HAS INCREASED ITS SHAREHOLDING IN
VIB
FROM APPROXIMATELY 11.5% TO APPROXIMATELY 21% SOLELY THROUGH
ACQUISITIONS OUTSIDE THE OFFER, THEREBY ALMOST DOUBLING ITS
STAKE
    * ANY VIB SHARES ALREADY HELD BY DIC WILL BE FULLY TAKEN
INTO
ACCOUNT IN THE CALCULATION OF THE MINIMUM ACCEPTANCE RATE OF 30%
OF ALL OUTSTANDING VIB SHARES FOR THE TENDER OFFER
    * RESERVES THE RIGHT TO CONTINUE TO PURCHASE SHARES OUTSIDE
THE
OFFER

    
 Further company coverage:  DICn.DE  

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