Higher compensation for former shareholders of SCA Hygiene Products SE: Court sets adequate cash compensation at EUR 533.93 per share

The County Court of Munich I (Landgericht München I) decided to increase the amount of the cash compensation to EUR 533.93 per share.

The majority shareholder, SCA Group Holding B.V., Amsterdam/The Netherlands, initially offered EUR 468.42 EUR per share. After the valuation work, the amount was increased to EUR 487.81 EUR, c.f. http://spruchverfahren.blogspot.de/2013/05/sca-hygiene-products-se-erhohung-der.html. 

The first instance decision can be appealed within a month.

LG München I, decision of 31 May 2016, file no. 5 HK O 14376/13
Helfrich et al.. ./. SCA Group Holding B.V.

Comfort Enterprise (Germany) GmbH to request Medisana minority shareholders for a squeeze out against a cash compensation of EUR 2.81 per share

Vtion Wireless Technology AG decided to apply for downlisting from the Prime Standard to the General Standard of the Regulated Market

Ad-Hoc-Release

Frankfurt, June 02, 2016. The shares of Vtion Wireless Technology AG (Segment Prime Standard, ISIN: DE000CHEN993, WKN: CHEN) are presently admitted for securities trading to the regulated market of the Frankfurter Wertpapierbörse and at the same time are admitted to the sub-segment of the regulated market with additional obligations arising from admission (Prime Standard).

Today, the Management Board of Vtion Wireless Technology AG decided, with the approval of the Supervisory Board, to apply for a revocation of the admission to the Prime Standard. The admission of Vtion Wireless Technology AG's shares to the regulated market (General Standard) shall for the time being remain unaffected.

The revocation of admission will become effective three months after the publication of the revocation decision on the Internet (www.deutscheboerse.com) by the management of the German Stock Exchange.