General Reinsurance AG
Kölnische Rückversicherungs- Gesellschaft AG:General Reinsurance Corporation submits squeeze-out request to Kölnische Rückversicherungs-Gesellschaft 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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Today, General Reinsurance Corporation informed Kölnische
Rückversicherungs-Gesellschaft AG, that General Reinsurance Corporation
directly or indirectly through its wholly-owned subsidiary GRD Corporation
holds 95.217 % of the registered share capital (Grundkapital) of Kölnische
Rückversicherungs-Gesellschaft AG. At the same time, General Reinsurance
Corporation requested from the management board (Vorstand) of Kölnische
Rückversicherungs-Gesellschaft AG pursuant to § 327a para. 1 sentence 1 of
the German Stock Corporation Act (AktG), that all measures and steps were
taken to allow for an execution of the procedures set out in § 327a et seq.
of the German Stock Corporation Act (AktG) and to enable the shareholders’
assembly (Hauptversammlung) of Kölnische Rückversicherungs-Gesellschaft AG
to resolve on the transfer of the shares of the remaining shareholders
(minority shareholders) to General Reinsurance Corporation as majority
shareholder against payment of an adequate cash compensation (squeeze-out).
Cologne, 19 September 2006
Kölnische Rückversicherungs-Gesellschaft AG
The Management Board
Theodor-Heuss-Ring 11
50668 Cologne
(c)DGAP 19.09.2006
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Language: English
Issuer: Kölnische Rückversicherungs-Gesellschaft AG
Theodor-Heuss-Ring 11
50668 Köln Deutschland
Phone: 0221-9738-559
Fax: 0221-9738-695
E-mail: abader@genre.com
WWW: www.genre.com
ISIN: DE0008422007, DE0008422023
WKN: 842200, 842202
Indices:
Listed: Amtlicher Markt in Frankfurt (General Standard), Düsseldorf
End of News DGAP News-Service
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