IBS AG excellence, collaboration, manufacturing: Draft of a control agreement between IBS AG as a controlled company and Siemens Beteiligungen Inland GmbH as controlling company

IBS AG excellence, collaboration, manufacturing  / Key word(s): Contract

21.09.2012 16:41

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Hoehr-Grenzhausen, September 21st 2012: As of today, the Board of
Management of IBS Aktiengesellschaft excellence, collaboration,
manufacturing and the Board of Management of Siemens Beteiligungen Inland
GmbH, Munich (a wholly-owned subsidiary of Siemens AG) have set up a draft
of the announced control agreement between the Siemens Beteiligungen Inland
GmbH (as controlling company) and the IBS AG (as a controlled company) and
intend to close the contract in writing on 11th October 2012. An
Extraordinary General Meeting of the IBS AG to be held on 29th November
2012 and the shareholders' meeting of the Siemens Beteiligungen Inland
GmbH to be held on 10th October 2012 will be asked for their respective
efficacy required consent.

The object of the draft control agreement is, inter alia, the cash
settlement in accordance with § 305 of the German Companies Act (AktG) to
the sum of 6.90 EUR per IBS AG Share and an adjustment payment in
accordance with § 304 of the German Companies Act (AktG) to the gross sum
of 0.26 EUR (net value after corporate tax and solidarity contribution:
0.23 EUR) for each full financial year per IBS AG Share. The auditing
results obtained by the Dusseldorf-based court-appointed auditors, Warth +
Klein Grant Thornton AG Wirtschaftsprüfungsgesellschaft, are still pending.

The Board of Management of IBS Aktiengesellschaft excellence,
collaboration, manufacturing

Contact
Investor Relations IBS AG
c/o MLC Finance GmbH
Mussener Weg 7
95213 Muenchberg

Mr. Michael Lang
Tel.: + 49 (0) 9251 440 88 30
Fax: + 49 (0) 02624 9180 541
e-mail: investorrelations@ibs-ag.de


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Language:     English
Company:      IBS AG excellence, collaboration, manufacturing
              Rathausstrasse 56
              56203 Höhr-Grenzhausen
              Germany
Phone:        +49 (0)9251 44 088-30
Fax:          +49 (0)9251 44 088-31
E-mail:       investorrelations@ibs-ag.de
Internet:     www.ibs-ag.de
ISIN:         DE0006228406
WKN:          622840
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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