Hagen, Germany, 29 June 2021
Adler Pelzer Group decided on June 29, 2021 to make a voluntary public takeover offer (VTO, Voluntary Tender Offer) to all shareholders of STS Group AG for the acquisition of all ordinary bearer shares in STS Group (ISIN: DE000A1TNU68).
The Bidder plans to launch the Takeover Offer as a compensation offer as required for the delisting of the STS Group Shares (DTO, Delisting Tender Offer) from trading on the regulated market of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) (Section 39 para. 2 and para. 3 of the German Stock Exchange Act (Börsengesetz)).
The offer document (in German and a non-binding English translation) containing the detailed terms and conditions of the Takeover Offer, as well as further information relating thereto, will be published by the Bidder following permission by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht) on the internet at http://www.adler-pelzer-offer.com.
The Takeover Offer will be made on and subject to the terms and conditions to be set out in the offer document.
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