Corporate | 19 September 2014 09:35

First Sensor AG: Additional acceptance period for voluntary public takeover bid by FS Technology Holding S.à r.l. to shareholders of First Sensor AG expires (news with additional features)

First Sensor AG / Key word(s): Offer

19.09.2014 / 09:35

Press release

First Sensor AG
Peter-Behrens-Str. 15
12459 Berlin, Germany

First Sensor’s Shares: ISIN DE0007201907 Ι WKN (German Securities Identification Number) 720190

Additional acceptance period for voluntary public takeover bid by FS Technology Holding S.á r.l. to shareholders of First Sensor AG expires

– Expiry of additional acceptance period for takeover bid

– 30% threshold reached

– Conditions for completion of takeover bid fulfilled

– Takeover bid expected to be settled on October 9, 2014

Berlin, September 19, 2014 – The additional acceptance period for the voluntary public takeover bid by FS Technology Holding S.á r.l. (bidder) ended on September 12, 2014, meaning that the takeover bid can no longer be accepted.

By way of a takeover bid dated July 28, 2014, FS Technology Holding S.á r.l. offered to acquire all of the no-par value bearer shares held by the shareholders of First Sensor AG, Berlin, in exchange for cash compensation of EUR10.33 per share. According to the bidder, the takeover bid was accepted for a total of 155,189 shares by the end of the extended acceptance period. This corresponds to around 1.54% of the share capital of First Sensor AG.

According to the bidder, the total number of First Sensor shares held by the bidder and persons acting in concert with the bidder and their subsidiaries at the end of the additional acceptance period, including the First Sensor shares for which the takeover bid was accepted, amounted to 3,095,189 (around 30.64% of the share capital). This means that the 30% threshold has been reached and the bidder will not be required to make a mandatory offer to the shareholders of First Sensor AG if it wishes to further increase its equity interest.

According to the bidder, the conditions for the completion of the takeover bid, i.e. a CDAX Performance Index (ISIN DE0008469602) daily closing price of at least 776.86 points on the last five banking days of the acceptance period, have now been fulfilled.

According to the bidder, the settlement of the takeover bid and the payment of the consideration are expected to take place on October 9, 2014.

First Sensor AG
The Management Board


About First Sensor
First Sensor AG is a leading provider of sensor solutions in the segments Medical, Industry, Mobility and Electronic Engineering & Manufacturing Services. First Sensor develops and manufactures high-quality, customer-specific sensor solutions for the detection of light, radiation, pressure, flow, level and acceleration. The company produces in-house and along the value adding-chain from component to system level. First Sensor was founded in Berlin more than 20 years ago and has been listed on the Frankfurt Stock Exchange since 1999 [Prime Standard Ι WKN (German Securities Code Number): 720190 Ι ISIN: DE0007201907 Ι SIS]. Further information on First Sensor can be found on the Internet at: www.first-sensor.com.

Legal Disclaimer
This Press release disclosure contains forward-looking statements – that is statements that do not describe past events or statements that express our assumptions and expectations. Such forward-looking statements contain words such as “expect”, “want”, “anticipate”, “plan”, “believe”, “strive”, “estimate”, “will”, “predict” and other similar terms. These statements relate to plans, estimates and forecasts that are currently available to the management of First Sensor AG. Forward-looking statements are thus only applicable on the day on which they are made. We accept no obligation to update and publish such statements in light of new information or future events. Any liability for such statements is expressly excluded.

Forward-looking statements involve inherent risks and are subject to uncertainties. A number of factors may mean that the actual results, achievements and performance of First Sensor AG differ substantially from the results, achievements and performance expressly or implicitly referred to in the forward-looking statements. Such factors include changes to the general economic and business environment as this may have a direct impact on processes, customers and suppliers. This may negatively impact our sales development and also capacity utilization. Other such factors may include changes to the competitive situation, exchange rate and interest rate fluctuations or national and international legislative changes.

Furthermore, the information contained in this press release disclosure is intended for information purposes only and does not represent a recommendation or an invitation to buy, sell or otherwise trade in First Sensor AG shares or other securities. First Sensor AG therefore assumes no liability for direct or indirect damages, including loss of earnings, that may result from the use of this information.

Contact:
Simone Herrmann Ι Head of Investor Relations
ir@first-sensor.com
T +49 30 639923-760 Ι F +49 30 639923-719

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Additional features:

Document: http://n.equitystory.com/c/fncls.ssp?u=NBNKLTWWMM
Document title: PM 140919

19.09.2014 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:	English
Company:	First Sensor AG
	Peter-Behrens-Straße 15
	12459 Berlin
	Germany
Phone:	+49 (0)30 63 99 23-760
Fax:	+49 (0)30 63 99 23-719
E-mail:	ir@first-sensor.com
Internet:	www.first-sensor.com
ISIN:	DE0007201907
WKN:	720190
Listed:	Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of News DGAP News-Service

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