Nuremberg, March 5, 2010 - As the main shareholder, Kyocera Mita Corporation has announced to the Management Board of TA Triumph-Adler AG that it has set the cash settlement for the transfer of TA Triumph-Adler AG minority shareholders´ shares to Kyocera Mita Corporation as the principal shareholder at EUR 1.90 per ordinary share pursuant to §§ 327a ff. of the German Stock Corporation Act (AktG) (Squeeze-out). The intended cash settlement price of this squeeze-out procedure is based on a valuation produced by Wirtschaftsprüfungsgesellschaft Deloitte & Touche GmbH, Düsseldorf. The audit firm Ebner Stolz Mönning Bachem GmbH & Co. KG Wirtschaftsprüfungsgesellschaft, Stuttgart, which the District Court of Nuremberg selected and appointed as expert auditor pursuant to § 327c Paragraph 2 Clause 2 of the German Stock Corporation Act (AktG), is currently reviewing the appropriateness of the cash settlement.
The Management Board will now immediately convene an Extraordinary General Meeting for April 20, 2010 in Nuremberg. This meeting will pass a resolution concerning the transfer of the shares of the remaining shareholders (minority shareholders) to Kyocera Mita Corporation as the main shareholder (squeeze- out).
Bearer shares ISIN: DE0007495004, admitted to official trading (Prime Standard) on the Frankfurt stock exchange and on all German
regional exchanges
No comments:
Post a Comment