HairGroup AG
ESSANELLE HAIR GROUP AG: Merger-specific squeeze-out
ESSANELLE HAIR GROUP AG / Key word(s): Squeeze Out 10.02.2014 11:41 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Merger-specific squeeze-out Today, HairGroup AG, previously Omikron AG, informed the Executive Board of ESSANELLE HAIR GROUP AG that, including its own shares, it now holds approximately 91.2% of the share capital and the outstanding shares of ESSANELLE HAIR GROUP AG. Hair Group AG is a subsidiary company of Saxonia Holding GmbH, Wolfsburg. Moreover, HairGroup AG informed the Executive Board that, being the major shareholder of ESSANELLE HAIR GROUP AG, it intends to enter into negotiations regarding a merger agreement to ESSANELLE HAIR GROUP AG onto HairGroup AG. The merger agreement shall include the information that the remaining shareholders of ESSANELLE HAIR GROUP AG will be excluded from the company in the course of the merger according to Section 62 paragraph 5 sentence 1 of the German Transformation Act in conjunction with Sections 327a et seqq. of the German Stock Corporation Act (merger-specific squeeze out). Accordingly, HairGroup AG also made a request to the Executive Board of ESSANELLE HAIR GROUP AG according to Section 62 paragraph 5 sentence 1 of the German Transformation Act that, in the course of the planned merger, the next Annual General Meeting of Shareholders of ESSANELLE HAIR GROUP AG shall resolve upon the transfer of all shares of the remaining shareholders (minority shareholders) to HairGroup AG against payment of a reasonable cash compensation. The Executive Board of ESSANELLE HAIR GROUP AG plans to enter into negotiations with HairGroup AG concerning the conclusion of a merger agreement and, in response to HairGroup AG's request, to put the resolution upon the transfer of all shares of the remaining shareholders to the major shareholder HairGroup AG on the agenda for the upcoming Annual General Meeting which is planned for June 27, 2014. Contact: Michael Müller Stockheim Media 0049-2156-4928266 mm@stockheim-media.com 10.02.2014 DGAP's 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: ESSANELLE HAIR GROUP AG Himmelgeister Straße 103-105 40225 Düsseldorf Germany Phone: +49 (0)2156-4965-195 Fax: +49 (0)89-21027-598 E-mail: investor@essanelle-hair-group.com Internet: www.essanelle.de ISIN: DE0006610314 WKN: 661031 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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