Information on rights of shareholders and shareholders compensation claims ("squeeze-out", mergers, control agreements, delisting of shares etc.), appraisal arbitrage litigation
23 September 2015
14 September 2015
08 September 2015
04 September 2015
03 September 2015
29 August 2015
11 August 2015
03 August 2015
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.
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, MĂĽnchener RĂĽckversicherungs-Gesellschaft Aktiengesellschaft in MĂĽnchen, 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 MĂĽnchener RĂĽckversicherungs-Gesellschaft Aktiengesellschaft in MĂĽnchen 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
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