Jil Sander AG
Jil Sander AG: Specification of squeeze-out-demand
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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JIL SANDER AG
Christoph-Probst-Weg 4
20251 Hamburg
The majority shareholder of JIL SANDER AG within the meaning of Sec. 327a
para. 1 sentence 1 German Stock Corporation Act (Aktiengesetz – AktG),
Violine S.à r.l., Luxembourg (Luxembourg), informed the management board of
JIL SANDER AG today that it has determined the cash compensation for the
transfer of the shares of the minority shareholders of JIL SANDER AG to
Violine S.à r.l. as the majority shareholder according to Sec. 327a AktG
(Squeeze-out). The cash compensation has been determined at 256.83 € for
each share without a nominal value with regard to the common shares of the
minority shareholders of JIL SANDER AG and at 347.94 € for each share
without a nominal value with regard to the preferred shares without a
voting right of the minority shareholders of JIL SANDER AG.
The squeeze-out requires the consent by the meeting of shareholders of JIL
SANDER AG. The resolution on the squeeze-out is to be made in the ordinary
meeting of share-holders of JIL SANDER AG currently scheduled to take place
in Hamburg on the 5th and, if necessary, the 6th of September 2006.
JIL SANDER AG
(c)DGAP 10.07.2006
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Language: English
Issuer: Jil Sander AG
Osterfeldstraße 32-34
22529 Hamburg Deutschland
Phone: 040-55302-113
Fax: 040-55302-160
E-mail: jacqueline_chevalier@jilsander.de
WWW: www.jilsander.de
ISIN: DE0007164030
WKN: 716403
Indices:
Listed: Amtlicher Markt in Frankfurt (General Standard), Hamburg;
Freiverkehr in Berlin-Bremen, Stuttgart
End of News DGAP News-Service
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