DGAP-News

Haniel starts bookbuilding for the planned reduction of shareholding in TAKKT AG

DGAP-News: Franz Haniel & Cie. GmbH / Key word(s): Strategic Company
Decision/Corporate Action
Haniel starts bookbuilding for the planned reduction of shareholding
in TAKKT AG

24.06.2013 / 07:40

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Press release

Haniel starts bookbuilding for the planned reduction of shareholding in
TAKKT AG

- Reduction of stake in TAKKT to as low as 50.01% through immediate
bookbuilding lasting several days

- Placement of up to 13.4 million shares - including an
overallotment/greenshoe option for up to 1.2 million shares

- End of bookbuilding and pricing expected for 27 June 2013

Duisburg, 24 June 2013. In accordance with the statement issued by Franz
Haniel & Cie. GmbH on 10 June 2013 that it would reduce its shareholding in
TAKKT AG from the current level of 70.44% to as low as 50.01%, up to 13.4
million shares are to be placed privately with primary focus on
institutional investors as part of the bookbuilding process. The
bookbuilding will commence immediately and last for several days. It will
include an overallotment/greenshoe option for up to 1.2 million shares.
Bookbuilding is expected to end on 27 June 2013. The placement price is
expected to be determined on 27 June 2013 on the basis of the bookbuilding
process.

The placement is managed by Morgan Stanley as sole global coordinator and
joint bookrunner, and Berenberg as joint bookrunner. Under the terms of a
lock-up agreement, Haniel has undertaken not to conduct any further sales
or transactions over the next six months that could result in a further
reduction in its shareholding in TAKKT AG.

TAKKT AG is the leading B2B direct marketing specialist for business
equipment
in Europe and North America. The company is listed on the SDAX and was
admitted to Deutsche Boerse's Prime Standard on 01 January 2003.

The Haniel Group
Haniel is an internationally operating, family-owned group of companies. In
2012, its around 56,000 employees generated sales of Euro 26.3 billion in
more than 30 countries. The Holding Company regards itself as a creator of
value. It shapes the portfolio, controls the Group's strategy, and defines
the guidelines for Group-wide human resources management. Responsibility
for the operating business rests with the five divisions, all of which
occupy market-leading positions. Haniel distinguishes between wholly-owned
investments (CWS-boco and ELG), majority investments (Celesio and TAKKT)
and minority investments (METRO GROUP). In outline, the divisions are
CWS-boco, which ranks among the leading international vendors of washroom
hygiene products, dust control mats and textile services; ELG, a global