BHW-Holding AG
BHW-Holding AG:Deutsche Postbank AG plans to squeeze out BHW Holding AG
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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Deutsche Postbank AG plans to squeeze out BHW Holding AG
Deutsche Postbank AG (Postbank), the majority shareholder of BHW Holding
AG, issued to the company’s Management Board today, Friday, a request
pursuant to Section 327a of the German Stock Corporation Act to resolve the
transfer of the shares held by minority shareholders to Postbank in return
for appropriate cash compensation (squeeze-out) at the Ordinary General
Meeting of BHW Holding AG, which is scheduled for 1 June 2006. Postbank
also informed the Management Board that it currently holds approx. 98.43%
of BHW share capital.
Postbank intends to announce the level of cash compensation per share and
explain the pre-conditions of the transfer and the basis on which the
compensation was calculated in a special written report to the Annual
General Meeting.
A specialist auditor appointed by the court will examine the adequacy of
the amount of cash compensation.
Contact:
Georg Jakobs T: +49 5151 18 4600 F: + 49 5151 18 5527
(c)DGAP 10.03.2006
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language: English
emitter: BHW Holding AG
Lubahnstraße 2
31789 Hameln Deutschland
phone: +49 (0)5151 18-0
fax: +49 (0)5151 18-4848
email: ir@bhw.de
WWW: www.bhw.de
ISIN: DE0005223903
WKN: 522390
indexes:
stockmarkets: Amtlicher Markt in Frankfurt (Prime Standard), Hannover;
Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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