Brief: Voltage Bidco To Conclude Domination And Profit And Loss Transfer Agreement With Schaltbau

Schaltbau Holding AG

09/08/2021 06:40

Aug 9 (Reuters) - VOLTAGE BIDCO GMBH:
    * NOTIFICATION OF INTENTION TO CONCLUDE A DOMINATION AND 
PROFIT
AND LOSS TRANSFER AGREEMENT WITH SCHALTBAU HOLDING AG
    * TO LAUNCH VOLUNTARY PUBLIC TAKEOVER OFFER TO SHAREHOLDERS
OF
SCHALTBAU HOLDING FOR ACQUISITION OF ALL NO-PAR VALUE REGISTERED
SHARES OF CO AGAINST A CASH CONSIDERATION OF EUR 53.50 PER
SCHALTBAU SHARE
    * OFFER WILL NOT CONTAIN A MINIMUM ACCEPTANCE THRESHOLD
    * IS CERTAIN IT WILL HAVE REQUIRED VOTING POWER TO RESOLVE
UPON
APPROVAL OF DOMINATION AND PROFIT AND LOSS TRANSFER AGREEMENT IN
EGM OF CO WHICH SHALL TAKE PLACE WITHIN SIX MONTHS
    * TODAY, BIDDER INFORMED CO OF SUCH INTENTION AND ASKED CO
TO
ENTER INTO NEGOTIATIONS ON CONCLUSION OF SUCH DOMINATION AND
PROFIT AND LOSS TRANSFER AGREEMENT ALREADY NOW

Source text for Eikon:  ID:nEQ3GVQzma 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))