Baader Bank AG — M&A Activity 2002

May 14, 2002

News Details

Ad-hoc | 14 May 2002 18:32

Baader Wp.handelsbank AG english

Baader: Merger of KST Wertpapierhandels AG / Exchange ratio 1:1 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Baader: Merger of KST Wertpapierhandels AG Exchange ratio 1:1 Unterschleißheim, May 14, 2002 A proposal will be made to the General Meeting of Baader Wertpapierhandelsbank AG that, as from the point at which the merger takes effect, the shareholders of KST Wertpapierhandels AG will receive one no-par value bearer share in Baader Wertpapierhandelsbank AG with a notional value of EUR 1.00 per share for each no-par value bearer share with a notional value of EUR 1.00 per share. The exchange ratio is thus 1 : 1. No additional cash payment will be made. Baader Wertpapierhandelsbank AG has a majority interest in KST Wertpapierhandels AG. The General Meeting of Baader Wertpapierhandelsbank AG will take place on July 10, 2002 in Munich. The Executive Board ********************************* Issued by: Baader Wertpapierhandelsbank AG Contact: Nico Baader Edison-Park Haus C, Ohmstrasse 4 85716 Unterschleißheim Germany Tel. +49 (0)89/ 5150-1030 Fax +49 (0)89/ 5150-1111 Nico.Baader@Baaderbank.de http://www.Baaderbank.de end of ad-hoc-announcement (c)DGAP 14.05.2002 ——————————————————————————– WKN: 508810; ISIN: DE0005088108; Index: SDAX Listed: Amtlicher Handel in Frankfurt (SMAX), Berlin, München, Stuttgart, Freiverkehr in Bremen, Düsseldorf, Hamburg, Hannover 141832 Mai 02