DGAP-Adhoc: Elmos Semiconductor AG: Extension of public share buyback offer
DGAP-Ad-hoc: Elmos Semiconductor AG / Key word(s): Share Buyback NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN OR ANY JURISDICTION IN WHICH SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE PROHIBITED BY APPLICABLE LAW. OTHER RESTRICTIONS APPLY. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT. Extension of the offer period until March 26, 2020 Dortmund, March 23, 2020: The Management Board of Elmos Semiconductor AG ("Elmos" or the "Company") has decided today that the acceptance period according to no. 2.3 of the public share buyback offer for up to 1,540,000 no-par value bearer shares (ISIN DE0005677108 / WKN 567710) of March 16, 2020, 17.28 hrs. Central European Time ("public share buyback offer") will be extended until Thursday, March 26, 2020, 24.00 hrs. Central European Time. All other terms and conditions of the public share buyback offer remain unchanged. For further details of the public share buyback offer, please refer to the offer document available on the Company's website at www.elmos.com/english/about-us/investor/share under the category "Share Buyback" and published in the Federal Gazette. Contact Neither this announcement nor its contents may be published, sent, distributed or disseminated in the United States of America by any means or instrument of interstate commerce or of foreign trade or of the facilities of any national stock exchange of the United States of America. This includes, but is not limited to, fax transmission, electronic mail, telex, telephone and the Internet. Copies of this Offer and other related documents may not be sent or transmitted to or within the United States of America. This announcement does not constitute an offer of securities for sale or a solicitation of an offer to purchase any securities of the Company in the United States of America, Germany or any other jurisdiction. This announcement contains forward-looking statements based on assumptions and estimates made by the management of Elmos. Although we assume that the expectations contained in these forward-looking statements are realistic, we cannot guarantee that they will prove to be correct. The assumptions may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that could cause such differences include, among others, changes in the economic and business environment, fluctuations in exchange rates and interest rates, the introduction of competing products, lack of acceptance of new products and changes in business strategy. Elmos does not plan to update the forward-looking statements, nor does it assume any obligation to do so. About Elmos
23-March-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Elmos Semiconductor AG |
Heinrich-Hertz-Str. 1 | |
44227 Dortmund | |
Germany | |
Phone: | +49 (0)231 7549-575 |
Fax: | +49 (0)231 7549-111 |
E-mail: | [email protected] |
Internet: | http://www.elmos.com |
ISIN: | DE0005677108 |
WKN: | 567710 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1004323 |
End of Announcement | DGAP News Service |
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1004323 23-March-2020 CET/CEST
Elmos Semiconductor AG Stock
With 7 Buy predictions and not the single Sell prediction the community is currently very high on Elmos Semiconductor AG.
As a result the target price of 85 € shows a positive potential of 28.4% compared to the current price of 66.2 € for Elmos Semiconductor AG.