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     371  0 Kommentare Merger between Eckert & Ziegler BEBIG SA (BEBIG) and Eckert & Ziegler Strahlen - und Medizintechnik AG (EZAG) - Announcement of the effectiveness of the merger on 18 February 2019. - Seite 2

    After the period during which the EZAG Exchange Shares will be delivered into the securities account of the shareholder (planned from 11 to 22 March 2019), the remaining partial rights will be subject to a compulsory merger into full EZAG Exchange Shares by Clearstream Banking AG via the Trustee's account. Consequently, on 25 March 2019, the partial rights will be compulsory cancelled from Clearstream Banking AG's books.

    The Trustee will try to sell all full EZAG Exchange Shares resulting from the combination of the partial rights on the stock exchange for the account of the shareholders concerned on the two following or more trading days (depending on the market conditions and volume of EZAG shares to be sold), i.e. 25 and 26 March 2019. After this sale, the Trustee will distribute the cash proceeds to the custodian banks or depositaries in proportion to the fractions allocated to them. The custodian banks or depositaries will then pay out the cash to the shareholders. A separate press release will be issued in order to inform the shareholders of the result of the sale and the cash entitlement.

    Actions required from the BEBIG shareholders

    The holders of dematerialised shares - No action required.

    The holders of registered shares - The registered shareholders of BEBIG will receive individual notification explaining the actions which shall be undertaken by said shareholders in order to receive the EZAG Exchange Shares. In a nutshell, the registered shareholders shall provide to EZAG the relevant information on the securities account on which the Trustee will deliver the EZAG Exchange Shares they are entitled to in accordance with the exchange ratio. As the EZAG Exchange Shares are bearer shares, which are not equivalent to registered shares, the registered shareholders of BEBIG need to have a securities account (or as the case may be to open one) in order to be able to receive the EZAG Exchange Shares.

    Calendar

    The allocation of EZAG Exchange Shares further to the effectiveness of the merger will be implemented as follows:

    Registration and effectiveness of the merger (and last trading day) 18 February 2019
    Suspension of quotation of BEBIG shares As from the registration of the merger until the formal delisting from Euronext Brussels of the BEBIG shares
    Delisting of BEBIG shares Presumably 26 February 2019
    The custodian banks or depositaries will  provide the Trustee with the information required to receive the EZAG shares. The holders of registered shares will provide EZAG with similar information. Between 20 February 2019 and 6 March 2019
    Delivery record date (i.e. the date on which positions are recorded in order to identify the amount of securities subject to the exchange ratio) 8 March 2019 close of business
    Discharge of BEBIG shares and delivery of the EZAG Exchange partial rights 11 March 2019 (next business day after delivery record date)
    Delivery of the EZAG Exchange Shares Between 11 March 2019 and 22 March 2019
    Elimination of partial rights On 25 March 2019
    Sale of the full EZAG Exchange Shares resulting from the partial rights Presumably 25 March 2019 to 26 March 2019 (estimate) or longer
    Allocation of the cash proceeds Presumably 28 March 2019 (estimate) or later
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    Merger between Eckert & Ziegler BEBIG SA (BEBIG) and Eckert & Ziegler Strahlen - und Medizintechnik AG (EZAG) - Announcement of the effectiveness of the merger on 18 February 2019. - Seite 2 Press release  REGULATED INFORMATION Seneffe, Belgium, 18 February 2019. Effectiveness of the merger The merger between EZAG and BEBIG was approved by the shareholders of both merging companies, respectively on 20 December 2018 and 21 December …