Major Shareholding Notification • May 6, 2009
Major Shareholding Notification
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Corporate | 6 May 2009 17:22
Statement of LUDWIG BECK AG about obtainment of control by INTRO-Verwaltungs GmbH
Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG / Offer
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
Munich, May 6, 2009 - Today, the management of LUDWIG BECK AG was notified
by INTRO-Verwaltungs GmbH that INTRO-Verwaltungs GmbH has exceeded the
control threshold of 30 % of voting rights in LUDWIG BECK AG, thus
increasing its shareholdings in the Munich fashion house to approximately
40.2 %. Before that, the Reichenschwand-based investment company had
increased its shareholdings in LUDWIG BECK AG by additional purchases from
ATON GmbH and Hans Rudolf Wöhrl Verwaltungs GmbH. INTRO-Verwaltungs GmbH is
now the largest individual shareholder of the fashion house.
Furthermore, the company, in fulfillment of its statutory obligations,
announced its intent to submit a takeover offer for the acquisition of the
shares held by the LUDWIG BECK shareholders at the cash acquisition price
of EUR 11.90 per share - after approval of the takeover offer-related
documents by BaFin (Federal Financial Supervisory Authority).
After receipt of the relevant documents, the Executive Board of LUDWIG BECK
AG will thoroughly examine the offer in consideration of the interests of
LUDWIG BECK AG, its employees, its shareholders and its business partners.
The Executive Board will then deliver its founded opinion on the offer in
the legally prescribed form.
In his first response, Dieter Münch, CFO of LUDWIG BECK AG gave the
following comment: 'LUDWIG BECK AG is always interested in attracting
long-term orientated investors. For many years INTRO-Verwaltungs GmbH has
been a well meaning shareholder with which we placed 335,000 new shares in
the course of a cash capital increase in November 2007. As our experience
with this investment company shows, the interests of both companies have
been congruent at all times.'
The ad-hoc announcement of LUDWIG BECK AG concerning the obtainment of
control by and the intended takeover offer of INTRO-Verwaltungs GmbH can be
found on the corporate website www.ludwigbeck.de under the section Investor
Relations/Financial Publications. The report about the obtainment of
control and a detailed press release relating thereto published by
INTRO-Verwaltungs GmbH have been published on the website of the company on
www.introgroup.de.
Investor Relations contact:
esVedra consulting GmbH
Metis Tarta-Steck
t: +49. 89. 28 80 81 - 33
f: +49. 89. 28 80 81 - 49
[email protected]
Group accounting contact:
LUDWIG BECK am Rathauseck
Jens Schott
t: +49. 89. 23691 - 798
[email protected]
Language: English
Issuer: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG
Marienplatz 11
80331 München
Deutschland
Phone: +49 (0)89 2 36 91-0
Fax: +49 (0)89 2 36 91-600
E-mail: [email protected]
Internet: www.ludwigbeck.de
ISIN: DE0005199905
WKN: 519990
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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