AIG Century GmbH & Co. KGaA
Takeover Offer; <DE0006344211>
Target company: AIRE GmbH & Co. KGaA; Bidder: AIG Century GmbH & Co. KGaA
Dissemination of an announcement according to the German Securities
Acquisition and Takeover Act (WpÜG), transmitted by DGAP – a company of
EquityStory AG.
The bidder is solely responsible for the content of this announcement.
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– Convenience Translation –
Amendment to the announcement of the decision to launch a voluntary public
takeover offer in accordance with section 10 para. 1 and 3 in conjunction
with sections 29 para. 1, 34 of the German Takeover Act (Wertpapiererwerbs-
und Übernahmegesetz)
Bidder:
AIG Century GmbH & Co. KGaA
Taubenstraße 7-9
60313 Frankfurt am Main
Germany
registered with the commercial register of the local court Frankfurt am
Main under HRB 92579 (‘Bidder’)
Target Company:
AIRE GmbH & Co. KGaA
Speicherstraße 55 (‘WERFTHAUS’)
60327 Frankfurt am Main
Germany
registered with the commercial register of the local court Frankfurt am
Main under HRB 54695
ISIN: DE 000 634 4211
WKN: 634421
Stock Exchanges for target company: Frankfurt am Main, Berlin, Dusseldorf,
Munich, Stuttgart
Frankfurt am Main, May 18, 2012 – On April 30, 2012, AIG Century GmbH & Co.
KGaA (‘AIG Century’) announced its decision to make a voluntary public
takeover offer for all outstanding shares of AIRE GmbH & Co. KGaA (‘AIRE’).
AIG Century has decided to increase the offer price from EUR 17 to EUR
18.25 per AIRE share. AIG Century has entered into purchase agreements with
additional key AIRE shareholders and has now secured approximately 69.5
percent of the outstanding AIRE shares.
Further Information:
This increased offer price represents a premium of approximately 35.69%
compared to the (Xetra) closing price (EUR 13.45) on April 27, 2012, the
last trading day prior to the announcement of the offer, and a premium of
approximately 87.4% above the estimated volume weighted average stock
exchange (Xetra) price of AIRE shares (EUR 9.74) during the last 6 months
to close of trading on April 27, 2012
The final terms of the offer will be published in the offer document after
its approval by the German Federal Financial Supervisory Authority (BaFin).
Further information relating to the offer will be published on the internet
at http://www.aigglobalrealestate.com/aigcentury.
Important notice:
This announcement is neither an offer to purchase or sell nor a
solicitation of an offer to purchase or sell shares in AIRE GmbH & Co. KGaA
or any other securities. The final terms and conditions of the offer will
be communicated in the offer document still to be published. The Bidder
reserves the right to change the terms and conditions of the offer to the
extent legally permissible. Shareholders of AIRE GmbH & Co. KGaA are
strongly advised to read the offer document and all other documents in
connection with the takeover offer as soon as they have been published by
the Bidder since these will contain important information.
End of WpÜG announcement
18.05.2012DGAP’s Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Listed: Regulierter Markt Frankfurt (Prime Standard); Freiverkehr
Berlin,
Düsseldorf, Hamburg, München, Stuttgart
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