Brief: Kontron Gained Control Of Listed Company Katek Via Kontron Acquisition GmbH

Katek Se

29/02/2024 14:03

Feb 29 (Reuters) - KONTRON AG  KTN.VI :
    * GAINED CONTROL OF LISTED COMPANY KATEK SE VIA KONTRON
ACQUISITION GMBH
    * ALL CLOSING CONDITIONS OF SHARE PURCHASE AGREEMENT DATED
18
JANUARY 2024 BETWEEN KONTRON ACQUISITION GMBH, ISMANING AND
PRIMEPULSE SE, MUNICH HAVE BEEN MET
    * INTEGRATION OF KATEK SE INTO KONTRON GROUP WILL START
IMMEDIATELY
    * PRICE OFFERED IN MANDATORY OFFER WILL BE EUR 15 PER SHARE.
    * IN ADDITION, KONTRON IS ALSO WORKING ON AN EXCHANGE OFFER
INVOLVING KONTRON SHARES, WHICH WILL BE OPEN TO KATEK
SHAREHOLDERS AS AN ALTERNATIVE
    * KATEK CEO RAINER KOPPITZ HAS STEPPED DOWN FROM HIS
POSITION,
EFFECTIVE TODAY. HANNES NIEDERHAUSER, CEO OF KONTRON AG, HAS
BEEN APPOINTED TO MANAGEMENT BOARD, WITH EFFECT FROM 4 MARCH
2024 TO 28 FEBRUARY 2027.

Source text for Eikon:  ID:nEQ2y9mK8a 
Further company coverage:  KTN.VI 

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