EQS-News

Südzucker AG welcomes the recommendation of the delisting tender offer by CropEnergies AG - Seite 3

To the extent permissible under applicable law or regulation, and in accordance with German market practice, Südzucker AG, its affiliates or its brokers may purchase, on the stock exchange or over the counter, or conclude agreements to purchase, shares of CropEnergies AG, directly or indirectly, outside of the scope of the delisting tender offer, during or after the period in which the offer remains open for acceptance. This also applies to other securities which are directly convertible into, exchangeable for, or exercisable for shares of CropEnergies AG. These purchases may be completed via the stock exchange at market prices or outside the stock ex-change at negotiated conditions provided that such purchases or purchase agreements are not made or concluded within the United States, are in accordance with applicable German law, in particular the WpÜG, and the offer price is adjusted to any higher acquisition price paid outside the delisting tender offer during such term. Information on such purchases or purchase agree-ments, stating the number of CropEnergies shares acquired or to be acquired and the consider-ation granted or agreed, will be published in accordance with the applicable statutory provi-sions, in particular section 23(2) WpÜG, in the German Federal Gazette and, if required by for-eign legal systems, in English via an electronic dissemination system. Corresponding infor-mation is also available in the form of an English translation on the internet at www.powerofplants-offer.com.

 

Südzucker AG
Maximilianstraße 10
68165 Mannheim, Germany

 

Financial press:
Dr Dominik Risser

Phone:  [phone]
[e-mail]

 

Investor Relations:
Nikolai Baltruschat

Phone: [phone]
[e-mail] 

 

About the Südzucker Group

Südzucker is a major player in the food industry with its sugar, special products, starch and fruit segments, and Europe's leading ethanol producer with its CropEnergies segment.

In the traditional sugar business, the group is Europe’s number one supplier of sugar products, with 23 sugar factories and two refineries, extending from France in the west via Belgium, Ger-many and Austria, through to Poland, the Czech Republic, Slovakia, Romania, Hungary, Bosnia, and Moldova in the east. The special products segment, with its consumer-oriented functional ingredients for food and animal feed (BENEO), chilled/frozen products (Freiberger) and portion packs (PortionPack Group), operates in dynamic growth markets. Südzucker's CropEnergies segment is Europe's leading producer of renewable ethanol, with production sites in Germany, Belgium, France and Great Britain. Other products in this segment are protein food and animal feed products as well as biogenic carbon dioxide. The starch segment comprises AGRANA's starch and ethanol activities. The group’s fruit segment operates globally, is the world market leader for fruit preparations and is a leading supplier of fruit juice concentrates in Europe.