Ad-hoc | 12 December 2002 07:14
DEWB AG
english
DEWB successfully completes optic takeover
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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DEWB successfully completes optic takeover
84 percent of optic’s shares will be swapped for DEWB shares;
DEWB free float increases to 12 percent
DEWB AG (Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft) is to take
over about 84 percent of all the shares in optic – optical technology
investments ag, Glattfelden (Switzerland) currently in free float. The
additional acceptance period of the public swap offer expired yesterday. By then
a total of 179,106 of the 213,788 optic bearer shares, forming the subject of
the offer, had been offered to DEWB for swap.
The tendered optic shares are expected to be swapped for DEWB shares with a
value date of 20 December 2002. Shareholders will receive three DEWB shares for
each optic share. The issue of these new shares will increase the number of DEWB
shares by 5 percent 11.3 million. 1.3 million of these shares are in free
float. This will mean a rise in the percentage of DEWB shares in free float from
7 to 12 percent; the free float market capitalisation will be more than 9
million euros after completing the swap.
optic’s investment portfolio ideally compliments that of DEWB. optic currently
holds a stake in eleven companies. In future, the management of these investment
holdings will be carried out through DEWB. At the next Shareholders’ General
Meeting DEWB will propose the appointment of a new optic Board of Directors.
Contact: Steffen Schneider, DEWB AG, Investor Relations
Telephone / Telefax: ++49 3641 65 22 90 / 65 2157
E-Mail: steffen.schneider@dewb-vc.com, Internet: www.dewb-vc.com
end of ad-hoc-announcement (c)DGAP 12.12.2002
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WKN: 804100; ISIN: DE0008041005; Index:
Listed: Amtlicher Markt in Berlin und Frankfurt
120714 Dez 02