IKB Deutsche Industriebank AG

  • WKN: 806330
  • ISIN: DE0008063306
  • Land: Deutschland

Nachricht vom 08.09.2016 | 14:43

IKB Deutsche Industriebank AG: Lone Star informs IKB about decision to conduct a squeeze-out

IKB Deutsche Industriebank AG  / Key word(s): Squeeze Out

08.09.2016 14:43

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Lone Star informs IKB about decision to conduct a squeeze-out [Düsseldorf, 8 September 2016] LSF6 Europe Financial Holdings, L.P., Dallas, USA, ("LSF6") has informed IKB Deutsche Industriebank AG ("IKB") today as follows: "LSF6 will, after settlement of its voluntary public acquisition offer for the outstanding shares in IKB of 8 August 2016 hold more than 95% of the shares and the share capital in IKB. Settlement of the offer is expected to occur at the latest on 14 September 2016. LSF6 has decided as principal shareholder of IKB to conduct squeeze-out proceedings pursuant to sec. 327a et seq. German Stock Corporation Act after settlement of the offer. Therefore, LSF6 will, after settlement of the offer, request, pursuant to sec. 327a German Stock Corporation Act, the holding of an extraordinary shareholders' meeting of IKB that resolves on the transfer of the shares of the minority shareholders to LSF6 against payment of an adequate cash compensation." Contact: Dr Jörg Chittka, Corporate Communications, Telephone: +49 211 8221-4349, Armin Baltzer, Corporate Communications, Telephone: +49 211 8221-6236; E-mail: presse@ikb.de 08.09.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language: English Company: IKB Deutsche Industriebank AG Wilhelm-Bötzkes-Straße 1 40474 Düsseldorf Germany Phone: +49 (0)211 8221-4511 Fax: +49 (0)211 8221-2511 E-mail: investor.relations@ikb.de Internet: www.ikb.de ISIN: DE0008063306 WKN: 806330 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Open Market in Frankfurt End of Announcement DGAP News-Service

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