News
04/15/2015
Deutsche Wohnen AG: Minimum acceptance rate for takeover of Conwert not reached
DGAP-Ad-hoc: Deutsche Wohnen AG: Minimum acceptance rate for takeover of Conwert not reached
Deutsche Wohnen AG / Key word(s): Offer
15.04.2015 20:17
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
Minimum acceptance rate for takeover of Conwert not reached
Berlin, 15 April 2015. Today, Deutsche Wohnen AG ("Deutsche Wohnen") has announced that with respect to its voluntary public tender offer for all relevant shares of conwert Immobilien Invest SE ("Conwert"), on the basis of preliminary results, has not reached the minimum acceptance threshold of 50 percent + 1 share.
Given that the minimum acceptance threshold regarding the takeover offer for Conwert shares has not been reached, the offers for Conwert's convertible bonds as well as the anticipatory mandatory offer for the relevant shares of ECO Business-Immobilien AG ("ECO") are no longer effective.
Important note
This announcement is for information purposes only and neither constitutes an invitation to sell, nor an offer to purchase, Conwert or ECO securities. The offer document (in both German and English) is available for downloading at www.deutsche-wohnen.com under the heading "Investor Relations", and on the websites of the target company (www.conwert.com), as well as at the Austrian Takeover Commission (www.takeover.at).
The offer was made exclusively under the laws of Austria, especially under the Austrian Takeover Act ("Takeover Act") and certain applicable provisions of U.S. securities law. The offer was not executed according to the provisions of jurisdictions (including the jurisdictions of Australia and Japan) other than those of Austria and certain applicable provisions of U.S. securities law.
To the extent any announcements in this document contain forward-looking statements, such statements do not represent facts and are characterized by the words "will", "expect", "believe", "estimate", "intend", "aim", "assume" or similar expressions. Such statements express the intentions, opinions or current expectations and assumptions of Deutsche Wohnen and the persons acting together with Deutsche Wohnen. Such forward-looking statements are based on current plans, estimates and forecasts, which Deutsche Wohnen and the persons acting together with Deutsche Wohnen have made to the best of their knowledge, but which they do not claim to be correct in the future. Forward-looking statements are subject to risks and uncertainties that are difficult to predict and usually cannot be influenced by Deutsche Wohnen or the persons acting together with Deutsche Wohnen. It should be kept in mind that the actual events or consequences may materially differ from those contained in or expressed by such forward-looking statements.
Contact
Phone +49 (0)30 897 86-5413
Fax +49 (0)30 897 86-5409
ir@deutsche-wohnen.com
15.04.2015 The DGAP 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: Deutsche Wohnen AG
Pfaffenwiese 300
65929 Frankfurt am Main
Germany
Phone: +49 (0)30 89786-0
Fax: +49 (0)30 89786-5409
E-mail: ir@deutsche-wohnen.com
Internet: http://www.deutsche-wohnen.com
ISIN: DE000A0HN5C6
WKN: A0HN5C
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart
End of Announcement DGAP News-Service
Deutsche Wohnen AG / Key word(s): Offer
15.04.2015 20:17
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
Minimum acceptance rate for takeover of Conwert not reached
Berlin, 15 April 2015. Today, Deutsche Wohnen AG ("Deutsche Wohnen") has announced that with respect to its voluntary public tender offer for all relevant shares of conwert Immobilien Invest SE ("Conwert"), on the basis of preliminary results, has not reached the minimum acceptance threshold of 50 percent + 1 share.
Given that the minimum acceptance threshold regarding the takeover offer for Conwert shares has not been reached, the offers for Conwert's convertible bonds as well as the anticipatory mandatory offer for the relevant shares of ECO Business-Immobilien AG ("ECO") are no longer effective.
Important note
This announcement is for information purposes only and neither constitutes an invitation to sell, nor an offer to purchase, Conwert or ECO securities. The offer document (in both German and English) is available for downloading at www.deutsche-wohnen.com under the heading "Investor Relations", and on the websites of the target company (www.conwert.com), as well as at the Austrian Takeover Commission (www.takeover.at).
The offer was made exclusively under the laws of Austria, especially under the Austrian Takeover Act ("Takeover Act") and certain applicable provisions of U.S. securities law. The offer was not executed according to the provisions of jurisdictions (including the jurisdictions of Australia and Japan) other than those of Austria and certain applicable provisions of U.S. securities law.
To the extent any announcements in this document contain forward-looking statements, such statements do not represent facts and are characterized by the words "will", "expect", "believe", "estimate", "intend", "aim", "assume" or similar expressions. Such statements express the intentions, opinions or current expectations and assumptions of Deutsche Wohnen and the persons acting together with Deutsche Wohnen. Such forward-looking statements are based on current plans, estimates and forecasts, which Deutsche Wohnen and the persons acting together with Deutsche Wohnen have made to the best of their knowledge, but which they do not claim to be correct in the future. Forward-looking statements are subject to risks and uncertainties that are difficult to predict and usually cannot be influenced by Deutsche Wohnen or the persons acting together with Deutsche Wohnen. It should be kept in mind that the actual events or consequences may materially differ from those contained in or expressed by such forward-looking statements.
Contact
Phone +49 (0)30 897 86-5413
Fax +49 (0)30 897 86-5409
ir@deutsche-wohnen.com
15.04.2015 The DGAP 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: Deutsche Wohnen AG
Pfaffenwiese 300
65929 Frankfurt am Main
Germany
Phone: +49 (0)30 89786-0
Fax: +49 (0)30 89786-5409
E-mail: ir@deutsche-wohnen.com
Internet: http://www.deutsche-wohnen.com
ISIN: DE000A0HN5C6
WKN: A0HN5C
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart
End of Announcement DGAP News-Service