DGAP-News: Drillisch AG: Statement of Drillisch AG on the publication of the acceptance rate of the voluntary public tender offer
DGAP-News: Drillisch AG / Key word(s): Offer
Drillisch AG: Statement of Drillisch AG on the publication of the acceptance rate of the voluntary public tender offer
28.06.2017 / 12:35
The issuer is solely responsible for the content of this announcement.
Press release
Statement of Drillisch AG on the publication of the acceptance rate of the voluntary public tender offer
Maintal, June 28, 2017. In connection with the proposed acquisition of 1&1 Telecommunication SE by Drillisch AG, today United Internet AG, the parent company of 1&1, published the preliminary results of the voluntary public tender offer. As at the expiry of the acceptance period on June 23, 2017, the tender offer has been accepted for a total of 839,170 Drillisch shares. This corresponds to approximately 1.24 percent of the total number of Drillisch shares issued, i.e. approximately 67.7 million (as of June 7, 2017). Pursuant to the German Securities Acquisition and Takeover Act, shareholders who have not yet accepted the offer have two further weeks to accept the tender offer. This additional acceptance period commences today and expires on July 12, 2017, midnight (Frankfurt am Main local time).
Vlasios Choulidis, Executive-Board Spokesman of Drillisch, stated: "Also in the additional acceptance period our shareholders can retain their shareholding in Drillisch or tender their shares. Shareholders who do not accept the concurrent voluntary public tender offer from United Internet and therefore retain their shareholding in Drillisch can participate in the anticipated benefits of the overall transaction. Following the expiry of the additional acceptance period on July 12, the effective approval of the extraordinary general meeting on July 25, 2017 is the final requirement for the complete acquisition of 1&1 Telecommunication by Drillisch and the completion of the overall transaction. We're delighted to have received positive feedback on the planned transaction in just about all talks with our shareholders. We're therefore optimistic that the general meeting will approve our proposition."
About Drillisch
With 3.62 million mobile customers as of March 31, 2017, Drillisch AG is one of the largest network-independent telecommunications providers in Germany. The company offers a comprehensive portfolio of products and services for mobile voice and data services. In the premium segment, Drillisch concentrates on its brands smartmobil.de (with soccer star Lukas Podolski as its brand ambassador) as well as yourfone, which lends its name to the more than 200 stores Drillisch operates in top locations in German cities. In addition, many other successful mobile communications brands are part of Drillisch AG, including simply, sim.de, McSim, helloMobil, WinSim and discoTEL.
Contact Drillisch AG
Press:
Archibald Preuschat
Corporate Communications
Telephone: +49 06181 / 412-143
E-mail: presse@drillisch.de
Important note:
This publication is neither an offer to purchase nor a solicitation of an offer to sell shares of Drillisch Aktiengesellschaft. The terms of the takeover offer by United Internet AG as well as other terms pertaining to the takeover offer are contained in the offer document of United Internet AG as approved by the German Federal Financial Supervisory Authority. The offer document is available at www.united-internet.de. Investors and holders of shares of Drillisch Aktiengesellschaft are strongly advised to read the offer document and as well as all other documents related to the takeover offer when they are made available because they will contain important information.
To the extent that this publication contains forward-looking statements, also with respect to the takeover offer, such statements do not represent facts and are characterized by the words "will", "expect", "believe", "estimate", "intend", "aim", "assume" or similar expressions. Such forward-looking statements express the intentions, opinions or current expectations and assumptions of Drillisch Aktiengesellschaft. Such forward-looking statements are based on current plans, estimates and forecasts which Drillisch Aktiengesellschaft has made to the best of their knowledge, but which do not claim to be correct in the future. Forward-looking statements are subject to risks, uncertainties and changes in the accompanying circumstances that are difficult to predict and usually cannot be influenced by Drillisch Aktiengesellschaft. These expectations and forward-looking statements can turn out to be incorrect and the actual events or consequences may differ materially from those contained in or expressed by such forward-looking statements. Drillisch Aktiengesellschaft does not assume an obligation to update the forward-looking statements with respect to the actual development or incidents, basic conditions, assumptions or other factors.
28.06.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
Drillisch AG
Wilhelm-Röntgen-Straße 1-5
63477 Maintal
Germany
Phone:
+49 (0)6181 412 218
Fax:
+49 (0)6181 412 183
E-mail:
ir@drillisch.de
Internet:
www.drillisch.de
ISIN:
DE0005545503
WKN:
554550
Indices:
TecDAX
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
End of News
DGAP News Service
587141 28.06.2017