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    DGAP-Adhoc  552  0 Kommentare Epigenomics AG: Blitz F16-83 GmbH to launch takeover offer for Epigenomics AG - Seite 2



    The BCA sets out the purpose and the principal terms of the transaction and the future strategy. The Bidder and CFIC intend to support Epigenomics' strategy going forward and to promote the business growth of the Company and its position within its area of expertise. In this regard and in order to finance the short-term working capital requirements of Epigenomics, the Bidder and CFIC have agreed to invest, upon the request of Epigenomics and subject to certain conditions, a cash amount of up to about 6.46 million Euros in the Company.



    The Bidder and CFIC also intend to maintain the locations of the business operations of the Company's Group and its main business activities at significant locations, including the Company's headquarter in Berlin. The current workforce of Epigenomics is not intended to be reduced as a consequence of the transaction.



    In the event the takeover is successful, the Bidder and CFIC intend to keep the current members of the executive board in place, with Greg Hamilton as CEO of Epigenomics and Dr. Uwe Staub as COO. After closing of the transaction, the Bidder and CFIC plan to amend the composition of the Supervisory Board in order to reflect at least their ownership position in Epigenomics.



    The Takeover Offer to the shareholders of Epigenomics will be submitted on the basis of an offer document that is subject to approval by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht - BaFin). The Executive Board and the Supervisory Board of Epigenomics will issue a reasoned statement on the Takeover Offer pursuant to section 27 German Takeover Act without undue delay following publication of the offer document. Subject to fulfilling all of their legal duties in connection with the review of the offer document, the Executive Board and the Supervisory Board of Epigenomics will recommend the shareholders of Epigenomics to accept the Takeover Offer.



    Contact:

    Epigenomics AG, Investor Relations, Peter Vogt, Geneststrasse 5, 10829 Berlin, Tel +49 (0) 30 24345 386, Fax +49 (0) 30 24345 555, E-Mail: ir@epigenomics.com





    Information and Explanation of the Issuer to this News:

    About Epigenomics


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    DGAP-Adhoc Epigenomics AG: Blitz F16-83 GmbH to launch takeover offer for Epigenomics AG - Seite 2 DGAP-Ad-hoc: Epigenomics AG / Key word(s): Takeover Epigenomics AG: Blitz F16-83 GmbH to launch takeover offer for Epigenomics AG 26-Apr-2017 / 03:43 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a …