Ad-hoc | 10 October 2003 18:37

Drillisch AG english

Drillisch AG: 100 percent acquisition of VICTORVOX AG Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Drillisch AG: 100 percent acquisition of VICTORVOX AG Drillisch AG today announces that agreement has been reached in principle with the remaining shareholders for the company to acquire 100 percent of VICTORVOX AG. The complete acquisition of VICTORVOX AG by Drillisch AG is still contingent upon the successful performance of all due diligence audits. Moreover, the founding shareholders have a right of first refusal to the 28.1 percent of shares acquired. On 28 July Drillisch AG announced that agreement had been reached in principle with the founding shareholders for the company to acquire a majority stake in VICTORVOX AG, the Krefeld-based provider of mobile communication services. As such, Drillisch AG acquired a stake of 71.9 percent in VICTORVOX AG. The transaction was contingent upon the successful performance of all due diligence audits and the approval of two of the remaining shareholders in VICTORVOX, who had a right of first refusal. However, as Drillisch AG announced on 4 September 2003, these shareholders did not exercise these same rights within the periods stipulated. end of ad-hoc-announcement (c)DGAP 10.10.2003 ——————————————————————————– WKN: 554550; ISIN: DE0005545503; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hannover, München und Stuttgart 101837 Okt 03