Opal BidCo GmbH
Frankfurt am Main, Germany
Announcement pursuant to section 23 para. 2
of the German Securities Acquisition and Takeover Act
(Wertpapiererwerbs- und Übernahmegesetz – “WpÜG”)
On 3 September 2019, Opal BidCo GmbH, Frankfurt am Main, Germany, (the “Bidder”) has published the offer document for its voluntary public takeover offer (cash offer) to the shareholders of
OSRAM Licht AG, Munich, Germany, to acquire their no-par value registered shares (ordinary
shares) in OSRAM Licht AG (ISIN DE000LED4000) (the “OSRAM Shares”) against payment of a
cash consideration of initially EUR 38.50 per OSRAM Share (the “Takeover Offer”). On 27 September 2019, ams AG, a person acting jointly with the Bidder within the meaning of section 2 para. 5
WpÜG, entered into an agreement on the purchase of 100 OSRAM Shares outside of the Takeover
Offer at a purchase price of EUR 41.00 per OSRAM Share (the “Parallel Purchase”). As a result of
this Parallel Purchase, the offer consideration under the Takeover Offer has increased from
EUR 38.50 to EUR 41.00 per OSRAM Share pursuant to section 31 para. 4 WpÜG. The acceptance
period of the Takeover Offer expired on 1 October 2019, 24:00 hours (local time Frankfurt am Main,
Germany).
On 1 October 2019, ams AG, a person acting jointly with the Bidder within the meaning of section 2
para. 5 WpÜG, entered into agreements on the purchase of 4,589,824 OSRAM Shares outside of
the Takeover Offer. This corresponds to approx. 4.74 % of the share capital and the voting rights in
OSRAM Licht AG. The purchase agreements will be settled on 4 October 2019.
The average purchase price amounted to EUR 40.93 per OSRAM Share, the maximum purchase
price amounted to EUR 41.00 per each OSRAM Share.
Frankfurt am Main, 2 October 2019
Opal BidCo GmbH
The Managing Director
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