Corporate | 16 December 2005 08:01
Singulus Technologies AG publishes the takeover documents
Corporate-news transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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SINGULUS TECHNOLOGIES AG publishes the takeover documents
– SINGULUS offers EUR 2.40 per STEAG HamaTech share
– Acceptance period ends February 1, 2006
Kahl am Main, December 16, 2005 – The SINGULUS TECHNOLOGIES AG (SINGULUS)
publishes that the announced takeover offer for the shareholders of the STEAG
HamaTech AG was approved by the German Financial Supervisory Authority
(Bundesanstalt für Finanzdienstleistungsaufsicht BaFin) on December 15, 2005.
The offer is targeted at all shareholders of the STEAG HamaTech AG, located in
Sternenfels. The offer will be implemented according to German law, in
particular in accordance with Article 14, paragraph 3, 1st sentence, number 2
of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und
Übernahmegesetz [WpÜG]).
The offer includes the acquisition of all bearer no-par-value shares of the
STEAG HamaTech AG trading under ISIN DE0007309007 (WKN 730 900), each with a
proportional share of the nominal capital of EUR 1.00 and entitled for
dividends from January 1, 2005 at a price of EUR 2.40 per STEAG HamaTech
share. This price amounts to a premium of about 30 % based on the weighted
average stock price in the past three months prior to the announcement of the
transaction on November 6, 2005. On November 6, 2005, SINGULUS concluded a
share purchase agreement for approximately 66.28 % of the shares at a price of
EUR 0.51 per share with the majority shareholder of STEAG HamaTech, the SES-
Beteiligungs GmbH.
The term of the acceptance of this takeover offer commences with the
publication of these takeover documents on December 16, 2005 and ends on
February 1, 2006, 5:00 pm (Central European Time).
The acceptance has to be declared in writing to the custodian securities
services company of the respective STEAG HamaTech shareholder. It will take
effect with the transfer of the shares registered for sale into ISIN
DE000A0JBP47 (WKN A0J BP4). Except for any charges and commissions of
securities services companies outside of Germany the acceptance will be exempt
from charges and commissions for the shareholders of STEAG HamaTech.
These takeover documents are published in accordance with Article 14,
paragraph 3 WpÜG on the internet at http://www.singulus.de as well as through
provision of copies free of charge at the bank Sal. Oppenheim jr. & Cie. KGaA,
Equity Capital Markets, Untermainanlage 1, 60329 Frankfurt am Main, Fax: +49
(0) 69 / 7134 – 5169 as well as through notice in the Börsenzeitung on
November 16, 2005.
The takeover documents will only be published in German.
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
For further information please contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 6188 440 612
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 6181 9828020
End of announcement (c)DGAP 16.12.2005
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WKN: 723890; ISIN: DE0007238909; Index: TecDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart