Corporate | 7 February 2006 22:26
Singulus Technologies AG:Extended acceptance period until February 21, 2006
Corporate-news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Press release
SINGULUS holds 84.74 % of the STEAG HamaTech shares – Extended acceptance
period until February 21, 2006 amounting to € 2.40 per STEAG HamaTech share
Kahl am Main, February 7, 2006 – As of today, the SINGULUS TECHNOLOGIES AG
(SINGULUS) holds 84.74 % of the shares of the STEAG HamaTech AG. Thereof,
66.28 % of the STEAG HamaTech shares were purchased from the former
majority owner SES/RAG and the other 18.46% were acquired in the course of
the acceptance of the voluntary public tender offer as well as on the stock
market.
Pursuant to Art. 16 Para. 2 WpÜG the Extented Acceptance Period of the
public tender offer runs from February 8, 2006 to February 21, 2006, i.e.,
all remaining STEAG HamaTech shareholders are able to tender their shares
for two additional weeks. (“Extended Acceptance Period”).
The extended offer still 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 € 1.00 and entitled for dividends from January 1, 2005 at a
price of € 2.40 per STEAG HamaTech share. This price amounts to a premium
of nearly 30 % based on the weighted average stock price in the past three
months prior to the announcement of the decision to make a tender offer on
November 7, 2005. The acceptance has to be declared in writing to the
custodian securities services company of the respective STEAG HamaTech
shareholder. It will become effective with the transfer of the submitted
shares 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.
After the expiration of the Extended Acceptance Period the tender offer
cannot be accepted any longer.
SINGULUS and STEAG HamaTech complement one another through their respective
strengths in optical disc formats and will be able to offer their customers
a broader range of products and improved services in the future. The merger
of SINGULUS and STEAG HamaTech forms the basis for a technology and market
leadership in all optical disc formats especially in the course of the
launch of the upcoming once-recordable Blu-ray/HD DVD for the recording of
high-definition TV shows (HDTV).
For further information please contact:
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Maren Schuster, Investor Relations, Tel.: + 49 (0) 6188 440 612
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 6188 440 106 or
+49 (0) 170-9202924
(c)DGAP 07.02.2006
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language: English
emitter: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main Deutschland
phone: +49 (0)6188 440-105
fax: +49 (0)6188 440-110
email: maren.schuster@singulus.de
WWW: www.singulus.de
ISIN: DE0007238909
WKN: 723890
indexes:
stockmarkets: Geregelter Markt in Frankfurt; Freiverkehr in Berlin-Bremen,
Hannover, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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