conwert Immobilien Invest SE: conwert will launch a voluntary public tender offer to KWG shareholders in connection with the delisting

Vienna

Voluntary public tender offer allows minority shareholders of KWG to sell their shares and delisting will reduce costs and administrative burden of KWG

conwert Immobilien Invest SE ("conwert") will launch a voluntary offer to acquire up to approx. 13.47% of the shares from the minority shareholders of KWG Kommunale Wohnen AG ("KWG") at a price of 10.80 EUR per share. The offer will be made in connection with the proposed delisting of KWG which is expected to take place on 20 April 2016. The voluntary public tender offer allows minority shareholders of KWG to sell their shares and the delisting will reduce costs and administrative burden of KWG.

conwert is the main shareholder of KWG, with a stake of slightly under 80%. The voluntary public tender offer will be limited in such a way that after completion of the offer conwert will own a maximum of 93% of KWG's share capital. In case shareholders tender more than approx. 13.47% of the shares into the offer, the declarations of acceptance will be considered on a pro rata basis. The respective offer document is expected to be published around 23 March 2016. The acceptance period will last about four weeks, and is expected to begin around 24 March 2016 and end around 21 April 2016.

On the basis of the offer price of 10.80 EUR per share, conwert is offering a premium of about 5.7% compared to the closing price of the KWG share on 8 March 2016, a premium of about 9.2% on the average volume-weighted share price in the last three months and a premium of about 18.8% on the average volume-weighted share price in the last 12 months. Accordingly, conwert provides an attractive exit opportunity for KWG shareholders willing to sell their shares. The constructive cooperation with the remaining KWG shareholders will be continued in the future.

The voluntary public tender offer is a further measure implemented within the context of the strategic focusing of the conwert Group and the optimisation of the group structure. For this purpose, in mid-February, conwert filed a request to transfer the shares of the minority shareholders of its subsidiary ECO Business-Immobilien AG against cash compensation.

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This release contains forward-looking estimates and statements that were made on the basis of the information available at this time. Forward-looking statements reflect the point of view at the time they are made. We would like to point out that the actual circumstances and, consequently, the actual results realised at a later date may differ from the forecasts presented here for a variety of reasons. 

Pankl Racing Systems AG: Voluntary public offer of Pierer Industrie AG to the shareholders of Pankl

Adhoc announcement according to article 48d section 1 BörseG

- Due to the complexity of the transaction the Takeover Commission needs additional time to review
- The tender document will temporarily not be published.

On 13 January 2016 Pierer Industrie AG has announced to submit a voluntary public offer pursuant to sections 4 et seq. Austrian Takeover Act to the shareholders of Pankl Racing Systems AG. Pierer Industrie AG has filed an application to extend the deadline for the filing of the tender document with the Takeover Commission to a maximum of 40 trading days.

On 17 February 2016 Pierer Industrie AG has filed the tender document including the confirmation of the external expert with the Takeover Commission.

On 3 March 2016 the Board of Directors of Pankl Racing Systems AG has been informed by Pierer Industrie AG that the Takeover Commission with notification dated 2 March 2016 has ordered that the tender document shall temporarily not be published as due to the complexity of the transaction and the corresponding legal issues relating to a public exchange offer the review of the tender document could not be completed within the deadline provided by Section 11 para 1 Austrian Takeover Act.

Legal disclaimer:
This ad-hoc release does neither constitute an offer to sell or an offer to acquire nor an intimation to submit a proposal for the acquisition or sale of securities of Pankl Racing Systems AG and/or CROSS Industries AG. It should be noted, that in Austria a public offer in relation to the shares of CROSS Industries AG connected with a voluntary public exchange offer is exempted from the prospectus requirement pursuant to Section 3 para. 1 lit 8 Austrian Capital Market Act.

IKB Deutsche Industriebank AG: IKB to file for delisting of shares

[Düsseldorf, 25 February 2016] With the approval of the Supervisory Board, the Board of Managing Directors of IKB Deutsche Industriebank AG has resolved to promptly file for the delisting of IKB shares (ISIN: DE 0008063306) on the open market (Primärmarkt) of the Düsseldorf stock exchange and to terminate the listing in the Entry Standard of the Frankfurt stock exchange. The delisting applies to trading on all stock exchanges on which the share was included at the instigation of IKB.

In particular, IKB is expecting to reduce complexity and its administrative expenses with the intended delisting. Given the low free float of 8.5%, there has been very limited trading in IKB shares in recent years. 91.5% of the shares are held by the majority shareholder Lone Star. Shareholders will be able to trade their shares on the stock markets until the delisting takes effect. Trading on stock markets is expected to remain possible for several months following IKB's application and termination.

Contact: Dr Jörg Chittka, tel.: +49 211 8221-4349;
Armin Baltzer, tel.: +49 211 8221-6236, e-mail: presse@ikb.de

IKB Deutsche Industriebank AG provides loans, risk management, capital market services and consulting services for small and medium-sized enterprises in Germany and Europe.

Squeeze out at net mobile AG initiated

CORPORATE NEWS

Dusseldorf, February 25, 2016 - DOCOMO Digital GmbH has initiated a squeeze out at net mobile AG. It informed the board of net mobile AG that it has now increased its shareholding to over 95% and has demanded a squeeze-out.

Following the public tender offer of 14 January 2016, DOCOMO Digital GmbH acquired shares in net mobile AG, so that its share ownership of net mobile AG has now risen to more than 95 percent. Consequently a decision on the exclusion of minority shareholders (squeeze out) will be made at the next AGM of net mobile AG. net mobile AG minority shareholders will receive a commensurate cash compensation for their shares.

About net mobile AG
net mobile AG is a leading international full-service provider of mobile value added services and payment solutions. The company, founded in November 2000, is regarded as an innovation leader in the marketplace. Clients worldwide include national and global mobile telecommunication providers, media companies, online shopping portals, brand name companies and television networks, for which complete white label solutions such as direct carrier billing and mobile television services are provided. Since December 2009, NTT DOCOMO, INC. is the main shareholder with over 87% share ownership. For more information please visit www.net-mobile.com.

Contact person net mobile AG
Dennis Heisig
Press Officer
net mobile AG
Fritz-Vomfelde-Str. 26-30
DE 40547 Dusseldorf
Tel: +49 (0) 211 970 20 - 344
Fax: +49 (0) 211 970 20 - 999
E-Mail: dennis.heisig@net-m.de

pdm Holding to start negotiations on merger agreement with Gruschwitz Textilwerke

Pdm Holding AG informed the Management Board Of Gruschwitz Textilwerke AG that it holds about 94.24 pct of the share capital of Gruschwitz Textilwerke AG. pdm Holding intends to start negotiations on a merger agreement with Gruschwitz Textilwerke AG.

MeVis Medical Solutions AG: Domination and profit and loss transfer agreement registered with the Commercial Register

Bremen, November 23, 2015 - The MeVis Medical Solutions AG announces today that the domination and profit and loss transfer agreement concluded on August 10, 2015 between the VMS Deutschland Holdings GmbH as the controlling company and MeVis Medical Solutions AG as the controlled company has been registered with the Commercial Register of the Bremen Local Court on October 20, 2015 and has thus become legally effective. The registration in the Commercial Register has been published by the Bremen Local Court on October 21, 2015. The shareholders of the MeVis Medical Solutions AG already approved the domination and profit and loss transfer agreement with a large majority in the extraordinary general meeting on September 29, 2015.

Under the domination and profit and loss transfer agreement and upon request of each outside shareholder the VMS Deutschland Holdings GmbH is obliged to acquire MeVis shares against a cash settlement payment in the amount of EUR 19.77 per MeVis share.

Optionally, the VMS Deutschland Holdings GmbH guarantees the outside shareholders of MeVis Medical Solutions AG, who chose not to accept the settlement payment offer, for the duration of the domination and profit and loss transfer agreement an annual compensation payment for each MeVis Medical Solutions AG fiscal year and each registered share in MeVis Medical Solutions AG, representing a pro rata amount of the share capital of EUR 1.00 per share, in the amount of EUR 1.13 gross / EUR 0.95 net.

Issue 20/2015 of "Spruchverfahren aktuell" (SpruchZ) published

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BENE AG: Principal shareholder requests squeeze-out of minority shareholders of BENE AG

Adhoc announcement according to article 48d section 1 BörseG

Vienna/Waidhofen an der Ybbs, 14.07.2015: Today, BGO Beteiligungsverwaltungs GmbH as principal shareholder of BENE AG approached the management board of BENE AG with the request that the general meeting shall decide on the transfer of the shares of the minority shareholders to BGO Beteiligungsverwaltungs GmbH in return for payment of an appropriate cash compensation. The exclusion of the minority shareholders pursuant to §§ 1 et seq. of the Act on the Squeeze-Out of Shareholders will therefore be on the agenda of the ordinary general meeting on 17 September 2015.

About Bene
Bene is a leading international specialist in the design and furnishing of inspiring office and working environments. Bene defines the office as a living space and its concepts, products and services turn this philosophy into reality. It combines a tradition of quality stretching back 225 years with innovation and award-winning design. The corporate group is listed on the Vienna Stock Exchange, has its head office and production facilities in Waidhofen an der Ybbs, Austria, and is active in more than 40 countries. As a full-service provider, Bene implements forward-looking office concepts that contribute to the commercial success of its customers.

Issue 10/2015 of Spruchverfahren aktuell (SpruchZ) published

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