RSE Grundbesitz- und Beteiligungs-AG
RSE Grundbesitz- und Beteiligungs-AG: Squeeze Out
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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On 5 October 2006, Klöckner-Werke AG notified RSE Grundbesitz und
Beteiligungs-AG (RSE AG) of a request in accordance with Article 327a (1)
sentence 1 of the Aktiengesetz (AktG – German Stock Corporation Act) for
the transfer of the shares of the minority shareholders to Klöckner-Werke
AG against an appropriate cash settlement (“squeeze-out”).
According to information provided by Klöckner-Werke AG, the latter owns
around 99.78% of the share capital of RSE AG. Klöckner-Werke AG will
shortly determine the appropriate cash settlement per share on the basis of
an expert report to be commissioned by the company. An independent auditor
to be appointed by the courts will examine the appropriateness of the cash
settlement.
The squeeze-out is expected to be resolved in the course of an
Extraordinary General Meeting, which has provisionally been set for the end
of December 2006.
Frankfurt/Main, 5 October 2006
The Management Board
(c)DGAP 05.10.2006
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Language: English
Issuer: RSE Grundbesitz und Beteiligungs-AG
Opernplatz 2
60313 Frankfurt am Main Deutschland
Phone: +49 (0)69 900 26 0
Fax: +49 (0)69 900 26 110
E-mail: info@rse-ag.de
WWW: www.rse-ag.de
ISIN: DE0008292079
WKN: 829207
Indices:
Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (General
Standard), Hamburg; Freiverkehr in Stuttgart, München
End of News DGAP News-Service
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