DGAP-News Evotec completes squeeze-out process for DeveloGen
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DGAP-News: Evotec AG / Key word(s): Squeeze Out
Evotec completes squeeze-out process for DeveloGen
24.01.2012 / 07:27
Hamburg, Germany - 24 January 2012: Evotec AG (Frankfurt Stock Exchange:
EVT, TecDAX) today announced the completion of the squeeze-out process to
acquire all of the remaining shares of DeveloGen AG from its minority
shareholders. Evotec now is owner of 100% of the shares in DeveloGen. The
former minority shareholders of DeveloGen will receive a payment of
EUR12.75 per share, summing up to approximately EUR180,000.
Evotec had acquired 99.4% of the shares in DeveloGen in 2010. Following
this, Evotec initiated a squeeze-out process regarding the remaining 0.6%
of shares, which were held by about 250 minority shareholders. A General
Meeting of the DeveloGen shareholders on 8 November 2011 voted in favour of
the squeeze-out. The price per DeveloGen share of EUR12.75 was approved by
an expert appointed by the Hannover district court.
With the registration of the squeeze-out in the commercial register Evotec
became the sole owner of DeveloGen AG which has been renamed to Evotec
(Göttingen) AG.
Contact Evotec AG:
Dr Werner Lanthaler, Chief Executive Officer, Phone: +49.(0)40.56081-242,
werner.lanthaler@evotec.com
End of Corporate News
24.01.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Evotec AG
Manfred Eigen Campus / Essener Bogen 7
22419 Hamburg
Germany
Phone: +49 (0)40 560 81-0
Fax: +49 (0)40 560 81-222
E-mail: info@evotec.com
Internet: www.evotec.com
ISIN: DE0005664809
WKN: 566480
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
153696 24.01.2012
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