Dr. Scheller Cosmetics AG
Dr. Scheller Cosmetics AG Plans Withdrawal from the Frankfurt Stock Exchange
Dr. Scheller Cosmetics AG / Delisting/AGM/EGM Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- The Management Board and the Supervisory Board have decided on 6 March 2007 to have the shareholders’ meeting on 17 April 2007 vote on the Management Board’s authorisation to apply for the revocation of the admission of the shares of Dr. Scheller Cosmetics AG to the official market (Prime Standard) of the Frankfurt Stock Exchange. In the context of the procedure for the complete discontinuation of the stock exchange admission of the shares of Dr. Scheller Cosmetics AG, the majority shareholder, Kalina International S.A., will make a compensation offer to the other shareholders for the acquisition of their shares at a price of € 7.20 per share including the dividend right for the business year 2007. The compensation offer begins on publication of the revocation of the admission and ends three months later, 28 September 2007 at the earliest. The offer price is approx. 18 % above the most recent available weighted average stock exchange price within the last three months preceding this announcement and published by the Financial Supervisory Authority (BaFin). In the event that within the two years of the settlement of the offer it should be resolved on the transfer of the shares of the minority shareholders to the majority shareholder in accordance with §§327a et seq German Stock Corporation Act (AktG), resulting in the payment of a cash compensation in excess of the offer price, the shareholders that have accepted the compensation offer shall receive a corresponding right to a supplement. The invitation to the shareholders’ meeting, including the foregoing resolution proposal and the compensation offer by the majority shareholder, will be published in the electronic Federal Bulletin (elektronischer Bundesanzeiger) and on the Internet at www.dr-scheller-cosmetics.de in the category 'Investor Relations' under 'General Meeting' in the next days. Eislingen, 6 March 2007 DGAP 06.03.2007 ---------------------------------------------------------------------- Language: English Issuer: Dr. Scheller Cosmetics AG Schillerstraße 21-27 73054 Eislingen/Fils Deutschland Phone: +49 (0)7161 803-0 Fax: +49 (0)7161 803-3 00 E-mail: aktie@dr-scheller-cosmetics.com www: www.dr-scheller-cosmetics.com ISIN: DE0007201303 WKN: 720130 Indices: Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Stuttgart, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
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