RHI Magnesita

Squeeze-out: exclusion of minority shareholders of Didier-Werke Aktiengesellschaft planned

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Wien (euro adhoc) - RHI AG informed Didier-Werke Aktiengesellschaft ("the Company") in a document of today that RHI AG has decided to initiate the required steps acquire all shares in the Company still held by minority shareholders by means of a resolution by the Annual General Meeting in accordance with sections 327a et seq. of the Stock Corporation Act - AktG (squeeze-out). RHI AG, based in Vienna, Austria, holds, directly and indirectly, a total of approx. 97.54 % of the Company´s share capital. In order to enable the corresponding resolution at the coming Annual General Meeting of the Company, Didier-Werke Aktiengesellschaft has decided to postpone their Annual General Meeting to the end of August of this year. The cash settlement to be paid to the minority shareholders within the framework of the exclusion will be determined on the basis of a company valuation, which is yet to be carried out.

end of announcement                               euro adhoc

Further inquiry note:

Investor Relations
Mag. Barbara Potisk
Tel: +43-1-50213-6123
Email: barbara.potisk@rhi-ag.com

Branche: Refractories
ISIN: AT0000676903
WKN: 874182
Index: ATX Prime
Börsen: Wiener Börse AG / official dealing

Original-Content von: RHI Magnesita, übermittelt durch news aktuell

Weitere Meldungen: RHI Magnesita

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