Hybrid Raising GmbH
Hybrid Raising GmbH
Hybrid Raising GmbH / Key word(s): Miscellaneous 25.01.2016 09:26 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad-hoc-Disclosure pursuant to § 15 of the WpHG Subject: LSF6 Rio S.à r.l. Tender Offer for the Hybrid Notes Issuer: Hybrid Raising GmbH, Koogstraat 4, 25870 Norderfriedrichskoog, Germany ISIN: DE 000A0AMCG6 (WKN A0AMCG) Frankfurt Stock Exchange; Official Segment of Euronext Amsterdam N.V. - - - - - - - - -- - - - - - - - - - - - - - - - - - - - - - - - - - Norderfriedrichskoog, 25 January 2016 LSF6 Rio S.à r.l. Tender Offer for Hybrid Notes This ad hoc-release by Hybrid Raising GmbH (the Issuer) relates to the offer dated 13 January 2016 by LSF6 Rio S.à r.l. (the Purchaser) to acquire any and all of the EUR 200,000,000 Perpetual Fixed Rate Notes with the payment of interest and principal conditional upon receipt of profit participations and repayment under a Silent Participation (Stille Beteiligung) in the commercial enterprise of IKB Deutsche Industriebank Aktiengesellschaft (ISIN DE000A0AMCG6, the Hybrid Notes) at a purchase price of 20% of the principal amount (the Purchase Price) per Hybrid Note (the Offer). The Issuer has taken note of the press release dated 13 January 2016 by the Purchaser (the Press Release) stating that the Purchaser, subsequently to the Offer, intends to convene a meeting of the holders of the Hybrid Notes (the Holders) to resolve on an amendment of the terms and conditions of the Hybrid Notes pursuant to which the Hybrid Notes "will be terminated and repaid at a redemption amount of 12.5% of their nominal value" and in which meeting of Holders the Purchaser might hold a sufficient number of Hybrid Notes to control the outcome of the vote. The Issuer has furthermore taken note of the tender offer memorandum dated 13 January 2016 issued by the Purchaser in connection with the Offer (the Memorandum) which states that the Purchaser will seek to amend the terms and conditions of the Hybrid Notes, through the intended meeting of Holders, "according to which the Notes can be terminated and repaid at an amount of 12.5% of their nominal value". The Issuer is hereby notifying the Holders that it is not making any recommendations to them as to the acceptance or refusal of the Offer. The Issuer is not in a position to, and will not, evaluate the fairness of the Purchase Price. The Issuer has not been approached by the Purchaser prior to or after publication of the Offer and has not been provided with the fairness opinion by Deloitte & Touche GmbH Wirtschaftsprüfungsgesellschaft referred to in the Press Release and in the Memorandum. The Issuer is furthermore notifying holders that the amendments of the terms and conditions of the Hybrid Notes referred to by the Purchaser will require the consent of the Issuer to become effective. The Issuer currently does not intend to consent to such amendments or to otherwise agree to, or effect redemption of, the Hybrid Notes at any price below their nominal value as it does not wish to prejudice the rights of those Holders who do not accept the Offer. Holders should take this position of the Issuer into account when deciding on the acceptance or refusal of the Offer. Hybrid Raising GmbH Management Contact: Hybrid Raising GmbH Koogstraat 4 25870 Norderfriedrichskoog Germany Mrs Margret Dircks Dr. Hans-Joachim Winter Phone: + 49 (0) 4864 / 10610 Fax: + 49 (0) 4864 / 1430 email: bueroservice-dircks@t-online.de 25.01.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Hybrid Raising GmbH Koogstraat 4 25870 Norderfriedrichskoog Germany Phone: +49 (0)4864 1061-0 Fax: E-mail: Internet: www.hybrid-raising.de ISIN: DE000A0AMCG6 WKN: A0AMCG Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Hamburg End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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