DGAP-Adhoc

HORNBACH Baumarkt AG intends to delist shares; public delisting offer announced by largest shareholder for € 47.50 per share; HORNBACH Baumarkt AG to support public delisting offer.

DGAP-Ad-hoc: HORNBACH Baumarkt AG / Key word(s): Delisting HORNBACH Baumarkt AG intends to delist shares; public delisting offer announced by largest shareholder for € 47.50 per share; HORNBACH Baumarkt AG to support public delisting offer. 20-Dec-2021 / 13:52 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY OTHER JURISDICTION WHERE TO DO SO WOULD VIOLATE THE LAWS OF SUCH JURISDICTION HORNBACH Baumarkt AG intends to delist shares; public delisting offer announced by largest shareholder for € 47.50 per share; HORNBACH Baumarkt AG to support public delisting offer. Bornheim (Palatinate), December 20, 2021 The Management Board of HORNBACH Baumarkt AG (the "Company") (ISIN DE0006084403 / WKN 608440) today resolved, with the approval of the Supervisory Board, to conduct a delisting in coordination with HORNBACH Holding AG Co. KGaA ( "HORNBACH Holding"), which holds approx. 76.4 % of the shares of the Company. The Company will submit an application for the revocation of the admission of the shares to trading on the regulated market of the Frankfurt Stock Exchange in due course, following the publication of a delisting tender offer by HORNBACH Holding. For this purpose, the Company, with the approval of the Supervisory Board, today concluded a delisting agreement with HORNBACH Holding. Under the terms of the delisting agreement, HORNBACH Holding has undertaken to offer to acquire the shares of other shareholders of the Company for a cash consideration of € 47.50 per share. The Company has undertaken - subject to a review of the offer document and consideration of statutory obligations - to submit an application for revocation of the admission of its shares to trading on the regulated market of the Frankfurt Stock Exchange during the acceptance period for the delisting tender offer and to support the delisting tender offer. The Company will comment on the delisting tender offer within the framework of the legal requirements set out in Section 27 of the German Securities Acquisition and Takeover Act (WpÜG).