Brief: Schaltbau Holding Concludes A Domination And Profit And Loss Agreement With Voltage Bidco (Carlyle)

Schaltbau Holding AG

17/12/2021 16:08

Dec 17 (Reuters) - SCHALTBAU HOLDING AG  SLTG.DE :
    * CONCLUDES A DOMINATION AND PROFIT AND LOSS AGREEMENT WITH
VOLTAGE BIDCO (CARLYLE)
    * SETTLEMENT OF EUR 50.33 AND COMPENSATION OF EUR 2.16
(GROSS
PROFIT CONTRIBUTION) PER SHARE
    * AGREEMENT SUBJECT TO APPROVAL BY GENERAL MEETING
    * EXTRAORDINARY GENERAL MEETING SCHEDULED TO TAKE PLACE ON 3
FEBRUARY 2022
    * UPON COMPLETION OF DELISTING OFFER, VOLTAGE BIDCO
(CARLYLE)
HOLDS APPROX. 78 % OF SHARES
    * DELISTING FROM ALL REGULATED MARKETS BY 30 DECEMBER 2021
AND
FROM OPEN MARKET ON MUNICH STOCK EXCHANGE EFFECTIVE 31 MARCH
2022
    * UPON COMPLETION OF VOLUNTARY DELISTING OFFER ON 14
DECEMBER
2021, VOLTAGE BIDCO GMBH (CARLYLE) CURRENTLY HOLDS 8,521,407
(78.24 %) OF SHARES OF SCHALTBAU HOLDING AG CURRENTLY TOTALLING
10,891,940
    * APPLICATION FOR REVOCATION OF LISTING OF SCHALTBAU SHARES
ON
REGULATED MARKET WILL TAKE EFFECT ON FRANKFURT STOCK EXCHANGE AS
OF 20 DECEMBER 2021 AND ON MUNICH STOCK EXCHANGE AS OF 30
DECEMBER 2021
    * SHARES WILL SUBSEQUENTLY ONLY BE TRADED ON OPEN MARKET ON
MUNICH
STOCK EXCHANGE UNTIL 31 MARCH 2022
    * CONVOCATION IS SCHEDULED TO BE PUBLISHED IN GERMAN FEDERAL
GAZETTE ON 23 DECEMBER 2021

Source text for Eikon:  ID:nEQb2pwcMa 
Further company coverage:  SLTG.DE 

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