Gentherm GmbH
W.E.T. Automotive Systems AG: Initiation of Squeeze-out-Procedure under German Stock Corporation Law by Gentherm Europe GmbH
W.E.T. Automotive Systems AG / Key word(s): Squeeze Out 22.03.2013 16:33 Dissemination 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. --------------------------------------------------------------------------- Gentherm Europe GmbH (formerly: Amerigon Europe GmbH) with its seat in Augsburg, Germany, has submitted to W.E.T. Automotive Systems Aktiengesellschaft, as of today, a request pursuant to Sec. 327a para. 1 sentence 1 of the German Stock Corporation Act (Aktiengesetz, AktG) that the shareholders' meeting of W.E.T. AG shall resolve upon the transfer of the shares of the remaining shareholders (minority shareholders) to Gentherm Europe GmbH as main shareholder against payment of an adequate consideration in cash (so-called squeeze-out under stock corporation law). Gentherm Europe GmbH holds more than 95% of the registered share capital of W.E.T. Automotive Systems Aktiengesellschaft and is therefore its main shareholder within the meaning of Sec. 327a para. 1 sentence 1 AktG. The transfer resolution shall presumably be voted upon at the next annual general meeting of W.E.T. AG in August 2013. Odelzhausen, this 22 March 2013 The Management Board 22.03.2013 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: W.E.T. Automotive Systems AG Rudolf-Diesel-Str. 12 85235 Odelzhausen Germany Phone: +49 (0)8134 933-933 Fax: +49 (0)8134 933-401 E-mail: shareholder.office@wet-group.com Internet: www.wet-group.com ISIN: DE0005081608 WKN: 508160 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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