Lambda Physik AG
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Coherent announces tender offer for Lambda Physik outstanding shares
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Coherent Holding GmbH announces decision to launch a public tender offer for all
outstanding shares of Lambda Physik AG
Management Board and Supervisory Board of Lambda Physik AG support the tender
offer
Göttingen/Germany, April 22, 2003 Coherent Holding GmbH, a subsidiary of
Coherent Inc., California, USA and majority shareholder of Lambda Physik AG,
announced today its decision to launch a public tender offer for all outstanding
shares of Lambda Physik AG for a purchase price of Euro 9.25 per Lambda Physik
share. The tender offer will be contingent upon the bidder obtaining 95 percent
of all shares of Lambda Physik AG (inclusive of all shares already held by
Coherent Holding GmbH). The offer document with details on the offer will be
published within the legal time limits.
Management Board and Supervisory Board of Lambda Physik AG resolved in separate
resolutions to support the tender offer. Dr. Dirk Basting, CEO of Lambda Physik,
who holds 10.26 percent of the shares, announced that he intends to accept the
tender offer for all his shares.
Additionally, Dr. Basting informed the company about his resignation from the
office of CEO of Lambda Physik, when the quorum of 95 percent mentioned above is
reached or when his shares are transferred to Coherent. Dr. Basting will
furthermore support Lambda Physik in an advisory function.
Investor Relations Contact:
Lambda Physik AG
Claudia Thomé
Hans-Böckler-Str. 12
37079 Göttingen
Tel: 0551-6938-113
Fax: 0551-68691
E-Mail: cthome@lambdaphysik.com
end of ad-hoc-announcement (c)DGAP 22.04.2003
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
About Lambda Physik AG
Lambda Physik AG (SIN 549 427) is one of the pioneers and world leaders in the
development and production of pulsed UV lasers such as excimer lasers, diode-
pumped solid-state lasers, and dye lasers. Founded in 1971, the company is the
sole or leading supplier in growth markets for applications in industry,
science, and medicine and has become a major supplier in the area of
microlithography. The group has subsidiaries in the USA, Japan and Germany.
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WKN: 549427; ISIN: DE0005494272; Index: NEMAX 50
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
222053 Apr 03
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