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029 Group SE

M&A Activity Aug 30, 2010

4544_rns_2010-08-30_4921e930-bf28-4064-87bf-ad5071b35f2f.html

M&A Activity

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News Details

Takeover Bids | 30 August 2010 07:30

Takeover Offer;

Target company: SMARTRAC N.V.; Bidder: OEP Technologie B.V.

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.

—————————————————————————

Publication of the decision to launch a public takeover offer in accordance

with § 10 para. 1 in conjunction with § 34 and § 1 para. 3 of the German

Securities Acquisition and Takeover Act

Bidder:

OEP Technologie B.V.

Strawinskylaan 1135 WTC T B

1077 XX Amsterdam

The Netherlands

registered with the commercial register (Kamer van Koophandel) of Amsterdam

under register number 50528432

Target Company:

SMARTRAC N.V.

Strawinskylaan 851

1077 XX Amsterdam

The Netherlands

registered with the commercial register (Kamer van Koophandel) of Amsterdam

under register number 34241345

ISIN: NL0000186633

The offer document will be published on the internet at

http://www.oeptechnologie.nl upon approval by the German Federal Financial

Supervisory Authority (Bundesanstalt für Finanz­dienstleistungsaufsicht).

Information of the Bidder:

Today, OEP Technologie B.V. (the ‘Bidder’) has made the decision to offer

to the shareholders of SMARTRAC N.V. (hereinafter also referred to as the

‘Target Company’) to acquire their shares of SMARTRAC N.V., each

representing a pro rata amount of the registered share capital

(Grundkapital) of EUR 0.50 per share, by way of a voluntary public takeover

offer against payment of a cash consideration of EUR 20.00 per share.

The completion of the takeover offer will only be subject to the conditions

of anti-trust clearances and the issue of a clearance certificate by the

German Federal Ministry of Economics and Technology (Bundesministerium für

Wirtschaft und Technologie) and will, in particular, not be subject to a

minimum acceptance level. Apart from this, the offer will be made on and

subject to the terms and conditions yet to be communicated in the offer

document.

The Bidder, a company newly established for the completion of the

transaction, is an indirect subsidiary of One Equity Partners IV, L.P. with

registered office in New York, U.S.A. (http://www.oneequity.com).

Important information: This announcement neither represents an offer to

purchase or sell nor a solicitation of an offer to purchase or sell shares

in the Target Company. The final terms and conditions of the offer will be

published in the offer document after the approval by the German Federal

Financial Supervisory Authority. Investors and holders of shares in the

Target Company are strongly advised to read any relevant documents in

connection with the takeover offer as soon as such documents will be

published as they will contain important information.

Amsterdam, 30. August 2010

OEP Technologie B.V.

End of WpÜG announcement(c)DGAP 30.08.2010

—————————————————————————

Listed: Regulierter Markt Frankfurt (Prime Standard); Freiverkehr Berlin,

Düsseldorf, München, Stuttgart

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