DGAP-Adhoc Leica Camera AG: Main shareholder sets cash compensation for squeeze-out at EUR 30.18
0
Leica Camera AG / Key word(s): Squeeze Out
18.01.2012 19:20
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Lisa Germany Holding GmbH, Wetzlar, directly holds approx. 97.56 % (=
16,096,478 no-par value shares) of the share capital of Leica Camera AG.
In accordance with § 327a of the German Stock Corporation Act
(Aktiengesetz), Lisa Germany Holding GmbH informed Leica Camera AG on
November 4, 2011 that it requests that the company´s general meeting shall
resolve upon the shares of the minority shareholders being transferred to
Lisa Germany Holding GmbH in exchange for an appropriate cash
compensation.
Lisa Germany Holding GmbH has now confirmed and specified this request. In
a letter dated today, it requests from the Board of Management of Leica
Camera AG that the company´s general meeting shall resolve upon the shares
of the minority shareholders being transferred to Lisa Germany Holding GmbH
in exchange for a cash compensation of EUR 30.18 per no-par value share.
The amount of EUR 30.18 determined by Lisa Germany Holding GmbH is in
keeping with the result of a business valuation of Leica Camera AG by
auditing firm PKF Issing Faulhaber Wozar Altenbeck GmbH
Wirtschaftsprüfungsgesellschaft, Wurzburg, Germany.
As published in the Ad-hoc Announcement dated November 4, 2011 Leica Camera
AG and Lisa Germany Holding GmbH intend the conclusion of a domination and
profit transfer agreement with Leica Camera AG as the dependent company
and Lisa Germany Holding GmbH as the dominating company. In the business
valuation the appropriate com-pensation to be paid according to § 305 of
the German Stock Corporation Act has been determined at EUR 30.18 per
share, the gross amount of the recurring annual cash payment to be paid
according to § 304 German Stock Corporation Act has been determined at EUR
1.83 per share. The Boards of Leica Camera AG have not taken a decision yet
as to the conclusion of the domination and profit transfer agreement and
its contents.
Contact:
Andreas Dippel / Phone direct +49 6442 - 208 403 / Fax direct +49 6442 -
208 455 / andreas.dippel@leica-camera.com
18.01.2012 DGAP´s Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Leica Camera AG
Oskar-Barnack-Straße 11
35606 Solms
Germany
Phone: 06442-208-0
Fax: 06442-208-333
E-mail: ir@leica-camera.com
Internet: www.leica-camera.com
ISIN: DE000A0EPU98
WKN: A0EPU9
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of Announcement DGAP News-Service
Bewerten Sie diesen Artikel: (
0
Bewertungen)3
