Celanese Deutschland Holding GmbH
Celanese AG: SQEEZE-OUT CASH COMPENSATION SET AT 62.22 EURO PER SHARE
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Celanese Europe Holding GmbH & Co. KG (‘Celanese Europe Holding’) has set
the cash compensation in relation to the transfer of the shares held by
the minority shareholders of Celanese AG to Celanese Europe Holding at
62.22 Euro per share. The requisite transfer resolution must be voted on
by the shareholders’ meeting of Celanese AG. The amount of the cash
compensation has been set by Celanese Europe Holding on the basis of a
value appraisal report prepared by Ernst & Young AG
Wirtschaftsprüfungsgesellschaft, Stuttgart, Eschborn/Frankfurt a.M. office.
In connection with the determination of the amount of the cash compensation
by Celanese Europe Holding, Deutsche Bank AG has submitted the bank
guarantee required by law.
In early November of 2005, Celanese Europe Holding, the majority
shareholder of Celanese AG, had announced its intention to acquire the
shares of the minority shareholders of Celanese AG pursuant to the squeeze
out procedure.
It is expected that the management board of Celanese AG will decide shortly
to put the resolution to transfer the shares of the minority shareholders
of Celanese AG to Celanese Europe Holding on the agenda of the annual
shareholders’ meeting scheduled to take place on May 30th/31st, 2006.
(c)DGAP 10.03.2006
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language: English
emitter: Celanese AG
Frankfurter Str. 111
61476 Kronberg im Taunus Deutschland
phone: +49 (0)69 305 16000
fax: +49 (0)69 305 16006
email: M.Kraft@celanese.com
WWW: www.celanese.com
ISIN: DE0005753008
WKN: 575300
indexes:
stockmarkets: Amtlicher Markt in Frankfurt (General Standard); Freiverkehr
in Berlin-Bremen, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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