EQS-News: STEMMER IMAGING AG: Acceptance period for MiddleGround Capital’s voluntary public takeover offer for STEMMER IMAGING AG begins
EQS-News: STEMMER IMAGING AG
/ Key word(s): Takeover
Puchheim, September 02, 2024 STEMMER IMAGING AG: Acceptance period for MiddleGround Capital’s voluntary public takeover offer for STEMMER IMAGING AG begins
Puchheim, September 02, 2024 – Ventrifossa BidCo AG (“Bidder”), a holding company controlled by MiddleGround Capital, today published the offer document for the voluntary public takeover offer (“Takeover Offer”) for the shares of STEMMER IMAGING AG (ISIN DE000A2G9MZ9 / GSIN A2G9MZ). Prior to this, the German Federal Financial Supervisory Authority (BaFin) had approved the publication of the offer document. As of today, STEMMER IMAGING AG shareholders have the opportunity to accept the Takeover Offer and tender their shares at a price of EUR 48.00 per share. The offer price represents a premium of approx. 52% to the closing price of the STEMMER IMAGING AG share on July 19, 2024, and a premium of approx. 41% to the volume-weighted average share price of the past three months as of July 21, 2024. All relevant details regarding the acceptance of the Takeover Offer are set out in the offer document, which is available on the Bidder’s website at https://www.project-oculus.de. Shareholders should contact their depositary bank directly in order to tender their shares in the Takeover Offer. The acceptance period starts today and will end on September 30, 2024 at 24:00 (CEST). The Management Board and Supervisory Board of STEMMER IMAGING AG welcome and support the Takeover Offer, subject to their review of the offer document. The Management Board and Supervisory Board of STEMMER IMAGING AG will issue and publish the legally required reasoned opinion concerning the Takeover Offer after carefully reviewing the offer document. The Takeover Offer contains market standard closing conditions and no minimum acceptance threshold. The Takeover Offer is also subject to the required regulatory approvals. After completion of the Takeover Offer, the Bidder intends to take STEMMER IMAGING AG private, which could inter alia, be effected through a delisting.
About STEMMER IMAGING AG About MiddleGround
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02.09.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | STEMMER IMAGING AG |
Gutenbergstr. 9-13 | |
82178 Puchheim | |
Germany | |
Phone: | +49 89 80902-196 |
E-mail: | [email protected] |
Internet: | www.stemmer-imaging.com |
ISIN: | DE000A2G9MZ9 |
WKN: | A2G9MZ |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1979751 |
End of News | EQS News Service |
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1979751 02.09.2024 CET/CEST