16 October 2009

LHS Aktiengesellschaft: Squeeze-out cash compensation determined by principal shareholder at EUR 33,89 per share

Frankfurt/Main, October 16, 2009 - E/LHS Acquisition GmbH, Düsseldorf, an indirect wholly owned subsidiary of Telefonaktiebolaget L M Ericsson, Stockholm (Sweden), and principal shareholder of LHS Aktiengesellschaft has today informed the Board of Managing Directors of LHS Aktiengesellschaft that it has determined the cash compensation to be paid for the transfer of the shares held by the minority shareholders of LHS Aktiengesellschaft to E/LHS Acquisition GmbH according to §§ 327a et seq. German Stock Corporation Act ("squeeze-out") at EUR 33,89 per no-par value bearer share.

The squeeze-out shall be resolved upon in an extraordinary shareholders´ meeting of LHS Aktiengesellschaft which will presumably be held on December 21, 2009.

LHS Aktiengesellschaft
The Management Board

ISIN: DE000LHS4000
WKN: LHS400
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart

No comments:

Post a Comment