Ad-hoc | 25 November 2002 08:10
DEWB AG
english
DEWB acquires 2/3 majority in optic.
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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DEWB acquires 2/3 majority in optic.
Interim result of the public swap offer is a great success;
DEWB grants remaining shareholders of optic an additional acceptance period.
DEWB AG (Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft) has taken over
a 2/3 majority in optic – optical technology investments ag, Glattfelden
(Switzerland), through its public swap offer for all shares of the company in
free float. Of the 213,788 bearer shares of optic, which are included in the
offer, 142,598 shares have been offered to DEWB for exchange during the swap
period. This corresponds to an acceptance quota of 67 percent. Including the
company’s own shares of optic, this quota amounts to 70 percent. DEWB is
declaring that the offer has thus been successful.
DEWB is granting those optic shareholders who have not yet taken up the swap
offer an additional acceptance period from the 28 November to 11 December 2002
in which to accept the offer. It is offering to swap three DEWB shares for every
optic share free of charges. In addition to the premium, the offer is also
attractive to optic shareholders for the following reasons: by swapping their
shares for DEWB shares they are participating in a considerably larger company
with a higher free float market capitalization and will benefit from DEWB’s
broadly diversified investment portfolio and its hidden reserves.
As set out in the offer prospectus dated 28 October 2002 DEWB now has the right
to convene an Extraordinary General Meeting with the aim of appointing a new
Board of Directors for optic. The Board of Directors has reserved the right to
de-list the optic shares if it feels that this is commercially appropriate. The
swap of optic shares for DEWB shares is expected to be completed with a value
date of 20 December 2002.
Contact: Steffen Schneider, DEWB AG, Investor Relations
Telephone / Telefax: ++49 3641 65 22 90 / 65 2173
E-Mail: steffen.schneider@dewb-vc.com, Internet: http://www.dewb-vc.com
end of ad-hoc-announcement (c)DGAP 25.11.2002
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WKN: 804100; ISIN: DE0008041005; Index:
Listed: Amtlicher Markt in Berlin und Frankfurt
250810 Nov 02