Information on rights of shareholders and shareholders compensation claims ("squeeze-out", mergers, control agreements, delisting of shares etc.), appraisal arbitrage litigation
14 July 2015
26 June 2015
25 June 2015
IMW Immobilien SE: IMW Immobilien SE intends to change into Entry Standard (downgrading)
ISIN-Nr. DE 000 A0BVWY6 und DE 000 A0BVWZ3
Announcement according to § 15 WpHG
IMW Immobilien SE, Berlin, whose shares are treated in the segment General Standard of Frankfurt Stock Exchange intends to change into the Entry Standard (Open Market) of the Frankfurt Stock Exchange.
Reasons for the change of the segments (downgrading) are the small share trade volume and the size of the company. According to the opinion of the board of directors of IMW Immobilien SE the Entry Standard seems to be the suitable segment in order to deal with a meaningful cost use relation between stock exchange listing and market capitalization as well as transparency for shareholders.
Announcement according to § 15 WpHG
IMW Immobilien SE, Berlin, whose shares are treated in the segment General Standard of Frankfurt Stock Exchange intends to change into the Entry Standard (Open Market) of the Frankfurt Stock Exchange.
Reasons for the change of the segments (downgrading) are the small share trade volume and the size of the company. According to the opinion of the board of directors of IMW Immobilien SE the Entry Standard seems to be the suitable segment in order to deal with a meaningful cost use relation between stock exchange listing and market capitalization as well as transparency for shareholders.
IMW Immobilien SE: IMW convenes an extraordinary General Meeting and starts a buyback program
ISIN-Nr. DE 000 A0BVWY6 und DE 000 A0BVWZ3
Announcement according to § 19 AGB Freiverkehr
IMW Immobilien SE, Berlin, which shares are listed in Open Market, Entry Standard of the Frankfurt Stock Exchange, contemplates a delisting. To discuss this matter with its shareholders the company convenes an extraordinary General Meeting for 30. July 2015. The invitation letter will be published in a few days and will provide more details.
Furthermore the Administration Board has resolved to offer the shareholders of the company a buyback program up to 1.646.666 ordinary registered shares which is equal of 10 percent of the actual subscribed capital of the company. The buyback program shall start on 17. June 2015, 0:00 o'clock and will end on 6. July 2015, 24:00 o'clock (MESZ).
The offered share price has to be within a range of +/-10 percent of the average share price of ten trade days on the Frankfurt Stock Exchange before publishing the buyback program. The current share price of IMW shares is EUR 6.85 (final share price of 12. June 2015).
If more than 1,646,666 shares will be offered to the company within this buyback program the notice of acceptance will be accepted proportional. Offers up to 100 shares will be accepted preferential.
Details of this buyback program will be published in the German Federal Gazette and on the web site of the company under http://www.imw-se.de/investorrelations.
IMW Immobilien SE, Berlin, which shares are listed in Open Market, Entry Standard of the Frankfurt Stock Exchange, contemplates a delisting. To discuss this matter with its shareholders the company convenes an extraordinary General Meeting for 30. July 2015. The invitation letter will be published in a few days and will provide more details.
Furthermore the Administration Board has resolved to offer the shareholders of the company a buyback program up to 1.646.666 ordinary registered shares which is equal of 10 percent of the actual subscribed capital of the company. The buyback program shall start on 17. June 2015, 0:00 o'clock and will end on 6. July 2015, 24:00 o'clock (MESZ).
The offered share price has to be within a range of +/-10 percent of the average share price of ten trade days on the Frankfurt Stock Exchange before publishing the buyback program. The current share price of IMW shares is EUR 6.85 (final share price of 12. June 2015).
If more than 1,646,666 shares will be offered to the company within this buyback program the notice of acceptance will be accepted proportional. Offers up to 100 shares will be accepted preferential.
Details of this buyback program will be published in the German Federal Gazette and on the web site of the company under http://www.imw-se.de/investorrelations.
21 June 2015
Forst Ebnath AG: Cash compensation for Squeeze-out set at EUR 1,807.00 per share
Today, Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München, reconfirming and specifying the request made on 26 March 2015, pursuant to Section 327a of the German Stock Companies Act, notified the Board of Management of Forst Ebnath Aktiengesellschaft that the cash compensation for the transfer of the remaining shareholders’ shares of Forst Ebnath Aktiengesellschaft to Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München as majority shareholder pursuant to Sections 327a et seq. of the German Stock Companies Act (Squeeze out) is set at EUR 1,807.00 for each individual bearer no-par share of Forst Ebnath Aktiengesellschaft with a partial amount of the nominal capital of EUR 11.00.
A resolution on the Squeeze out is to be taken during the extraordinary General Meeting of the Forst Ebnath Aktiengesellschaft on 4 August 2015, which has yet to be convened.
Ebnath, 3 June 2015
Forst Ebnath AG, Hermannsreuth 9, 95683 Ebnath
A resolution on the Squeeze out is to be taken during the extraordinary General Meeting of the Forst Ebnath Aktiengesellschaft on 4 August 2015, which has yet to be convened.
Ebnath, 3 June 2015
Forst Ebnath AG, Hermannsreuth 9, 95683 Ebnath
11 June 2015
22 May 2015
18 April 2015
09 April 2015
01 April 2015
27 March 2015
DAB Bank AG: BNP Paribas Beteiligungsholding AG sets cash compensation at EUR 4.78 per share for squeeze-out under merger law
Munich, March 27, 2015. On December 17, 2014, Munich-headquartered BNP Paribas Beteiligungsholding AG notified the Management Board of DAB Bank AG of its intention to ask the Shareholders' Meeting of DAB Bank AG to adopt a resolution regarding the transfer of the shares held by the minority shareholders against payment of appropriate cash compensation (squeeze-out under merger law pursuant to Section 62 (1) and (5) of the German Reorganization Act (UmwG) in conjunction with Section 327a and following of the German Stock Corporations Act (AktG)) as part of the absorption of DAB Bank AG by BNP Paribas Beteiligungsholding AG.
BNP Paribas Beteiligungsholding AG, which holds around 91.69% of the share capital of DAB Bank AG, today informed the Management Board of DAB Bank AG that it is repeating and finalizing its transfer request dated December 17, 2014. BNP Paribas Beteiligungsholding AG has set the appropriate cash compensation for the transfer of the shares held by the minority shareholders of DAB Bank AG to BNP Paribas Beteiligungsholding AG (as majority shareholder) at EUR 4.78 for each no-par bearer share of DAB Bank AG.
The Management Boards of DAB Bank AG and BNP Paribas Beteiligungsholding AG have approved the draft merger agreement by and between DAB Bank AG, the transferring company, and BNP Paribas Beteiligungsholding AG, the absorbing company that is required to carry out the squeeze-out under German merger law. The Supervisory Board of BNP Paribas Beteiligungsholding AG has already approved the conclusion of the merger agreement. It is planned for the merger agreement to be notarized on April 13, 2015 after the Supervisory Board of DAB Bank AG has granted its approval.
The resolution to transfer the shares held by the minority shareholders of DAB Bank AG to BNP Beteiligungsholding AG as the majority shareholder against payment of appropriate cash compensation in accordance with Section 327a and following of the German Stock Corporation Act (AktG) will be on the agenda of the Annual Shareholders' Meeting of DAB Bank AG scheduled for May 29, 2015.
DAB Bank AG
The Management Board
26 March 2015
ADC African Development Corporation AG: registration of squeeze-out leads to delisting
* Registration of squeeze-out leads to delisting of ADC.
* Remaining shares of ADC not held by majority shareholder, Atlas Mara Beteiligungs AG, will be transferred to Atlas Mara Beteiligungs AG in return for a cash compensation of 9.72 euros ($11) per share.
* Listing of shares of ADC is expected to be discontinued shortly.
* Remaining shares of ADC not held by majority shareholder, Atlas Mara Beteiligungs AG, will be transferred to Atlas Mara Beteiligungs AG in return for a cash compensation of 9.72 euros ($11) per share.
* Listing of shares of ADC is expected to be discontinued shortly.
14 January 2015
07 January 2015
24 December 2014
Areal Immobilien und Beteiligungs' majority shareholder plans squeeze-out in 2015
Areal Immobilien und Beteiligungs AG :
Majority shareholder Thelen Group plans squeeze-out in 2015
http://spruchverfahren.blogspot.de/2014/12/areal-immobilien-und-beteiligungs-ag.html
Majority shareholder Thelen Group plans squeeze-out in 2015
http://spruchverfahren.blogspot.de/2014/12/areal-immobilien-und-beteiligungs-ag.html
Subscribe to:
Posts (Atom)