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029 Group SE

M&A Activity Jul 6, 2012

4544_rns_2012-07-06_23c37786-0ead-4846-b9d3-282868add641.html

M&A Activity

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News Details

Takeover Bids | 6 July 2012 07:30

Takeover Offer;

Target company: WMF Württembergische Metallwarenfabrik AG; Bidder: Blitz 12-463 GmbH

Dissemination of an announcement according to the German Securities

Acquisition and Takeover Act (WpÜG), transmitted by DGAP – a company of

EquityStory AG.

The bidder is solely responsible for the content of this announcement.

—————————————————————————

Announcement of the Decision to Make a Voluntary Public Takeover Offer

(freiwilliges öffentliches Übernahmeangebot) pursuant to Section 10 para. 1

in conjunction with Sections 29, 34 of the German Securities Acquisition

and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz – ‘WpÜG’)

Bidder:

Blitz 12-463 GmbH (to be renamed Finedining Capital GmbH)

c/o Hengeler Mueller

Leopoldstraße 8-10

80802 München

Germany

registered in the commercial register of the local court (Amtsgericht) of

Munich under HRB 199653

Target:

WMF Württembergische Metallwarenfabrik Aktiengesellschaft

Eberhardstrasse 17-47

73309 Geislingen an der Steige

Germany

registered in the commercial register of the local court (Amtsgericht) of

Ulm under HRB 540215

ISIN: DE0007803009 and DE0007803033 (WKN 780300 and 780303)

Today, Blitz 12-463 GmbH (to be renamed in Finedining Capital GmbH) (the

‘Bidder’), a holding company controlled by funds advised by Kohlberg Kravis

Roberts & Co. L.P., decided to make a voluntary public takeover offer to

the shareholders of WMF Württembergische Metallwarenfabrik

Aktiengesellschaft to acquire their ordinary bearer shares in WMF

Württembergische Metallwarenfabrik Aktiengesellschaft, each representing a

pro-rata amount of the share capital of EUR 2.56 (the ‘WMF Ordinary

Shares’), and their preference bearer shares in WMF Württembergische

Metallwarenfabrik Aktiengesellschaft, each representing a pro-rata amount

of the share capital of EUR 2.56 (the ‘WMF Preference Shares’), against

payment of a cash consideration of EUR 47.00 per WMF Ordinary Share and

against a cash consideration equal to the volume-weighted average domestic

stock exchange price of the WMF Preference Shares during the last three

months prior to the date hereof, but in any case not less than EUR 31.70

per WMF Preference Share (the ‘Takeover Offer’).

The offer document and further information relating to the Takeover Offer

will be published on the internet at www.finediningcapital-offer.com.

Further Information:

The Takeover Offer will be made subject to the clearance by the cartel

authorities. Apart from this, the Takeover Offer will be made on and

subject to the terms and conditions to be set out in the offer document.

Today, the Bidder entered into a share purchase agreement with Crystal

Capital GmbH on the acquisition of a total of 4,887,555 WMF Ordinary Shares

(corresponds to about 52.37 % of the WMF Ordinary Shares) against payment

of a cash consideration of EUR 47.00 per WMF Ordinary Share. In addition,

Crystal Capital GmbH committed itself to tender its 256,489 WMF Preference

Shares (corresponds to about 5.50 % of the WMF Preference Shares) into the

Takeover Offer. The conclusion of this share purchase agreement is subject

to certain conditions precedent, inter alia, the clearance by the competent

cartel authorities.

Important Notice:

This announcement is neither an offer to purchase nor a solicitation of an

offer to sell shares of WMF Württembergische Metallwarenfabrik

Aktiengesellschaft. The definite terms and conditions of the Takeover

Offer, as well as further provisions concerning the Takeover Offer, will be

published in the offer document only after the German Federal Financial

Supervisory Authority has granted permission to publish the offer document.

Investors and holders of shares in WMF Württembergische Metallwarenfabrik

Aktiengesellschaft are strongly advised to read the offer document and all

other relevant documents regarding the Takeover Offer when they become

available, since they will contain important information.

Munich, 6 July 2012

Blitz 12-463 GmbH (to be renamed Finedining Capital GmbH)

———————

Listed: Regulated Market (Regulierter Markt) in Frankfurt (General

Standard) and Stuttgart, unofficial dealings (Freiverkehr) in Berlin,

Düsseldorf, Hamburg, Munich

End of WpÜG announcement

06.07.2012DGAP’s Distribution Services include Regulatory Announcements,

Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de

—————————————————————————

Listed: Regulierter Markt in Frankfurt (General Standard), Stuttgart;

Freiverkehr in Berlin, Düsseldorf, Hamburg, München

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