Tarkett AG
Tarkett S.A. intends a squeeze-out at Tarkett AG
Ad hoc announcement §15 WpHG
Squeeze-Out
Tarkett S.A. intends a squeeze-out at Tarkett AG
Ad hoc announcement processed and transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Tarkett AG
Nachtweideweg 1-7, 67227 Frankenthal
ISIN DE 000 700 200 8
Frankfurt Stock Exchange, Official Market (General Standard)
Tarkett S.A. intends a squeeze-out at Tarkett AG
Tarkett S.A., Nanterre, France, which as principal shareholder directly and
indirectly holds approximately 97.15 % of the shares in Tarkett AG officially
transmitted to the Management Board of Tarkett AG, on 28 February 2005, its
formal request to bring about a resolution in the ordinary shareholders’
meeting of Tarkett AG scheduled for 20 June 2005 according to which the shares
of the minority freefloat of Tarkett AG shall be transferred to Tarkett S.A.
against granting of adequate cash compensation. Furthermore, Tarkett S.A.
disclosed that it intends to offer adequate cash compensation in respect of
each share up to an amount corresponding to the weighted average stock
exchange price of Tarkett AG shares in the three month period preceding the
publication of this ad-hoc notification in accordance with WpÜG offer
regulations (WpÜG-Angebotsverordnung). Based on the most recent information
obtained from the German Federal Financial Supervisory Authority this weighted
average stock exchange price amounts to EUR 16.17 as of 18 February 2005. In
order to determine the final amount of adequate cash compensation, Tarkett
S.A. will commission an expert auditor to conduct an evaluation of the company
which evaluation will then be confirmed by an independent audit of a court-
appointed expert auditor.
Frankenthal, 28 February 2005
Tarkett AG
The Management Board
Tarkett AG
Nachtweideweg 1 – 7
67227 Frankenthal
Deutschland
ISIN: DE0007002008
WKN: 700200
Listed: Amtlicher Markt in Frankfurt (General Standard); Geregelter Markt in
Berlin-Bremen; Freiverkehr in Düsseldorf, Hamburg, Hannover, Stuttgart
End of ad hoc announcement (c)DGAP 28.02.2005
282059 Feb 05
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