CANCOM SE — Delisting Announcement 2013

Nov 15, 2013

News Details

Ad-hoc | 15 November 2013 14:37

CANCOM SE: approval of offer document for voluntary takeover offer to stockholders of PIRONET NDH Aktiengesellschaft

CANCOM SE / Key word(s): Offer

15.11.2013 14:37

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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CANCOM SE: approval of offer document for voluntary takeover offer to
stockholders of PIRONET NDH Aktiengesellschaft

• German Federal Financial Supervisory Authority (BaFin) approves offer
  document

• Acceptance period runs from November 18, 2013 to December 16, 2013

• Offer price: EUR 4.50 per share

Munich, Germany, November 15, 2013 - CANCOM SE's offer document for the
voluntary public takeover offer to the stockholders of PIRONET NDH
Aktiengesellschaft was today approved by the German Federal Financial
Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht,
BaFin).

The offer document in German will be available for downloading from the
Investor Relations section of CANCOM SE's website at http://www.cancom.com
from November 18, 2013. It is also available free of charge from Landesbank
Baden-Württemberg, Equity Capital Markets (8640), Am Hauptbahnhof 2, 70173
Stuttgart, Germany (fax no. +49 (0)711 12725198).

From November 18, 2013, stockholders of PIRONET NDH Aktiengesellschaft can
tender their shares for EUR 4.50 per share in cash. To do this, they must
submit a written declaration to their depositary bank. The acceptance
period ends on December 16, 2013 at 24:00 hours CET, unless it is extended
in accordance with the statutory regulations. The additional acceptance
period will end on January 2, 2014 at 24:00 hours CET presumably.

The price of EUR 4.50 per share in cash represents a premium of around 6.64
percent over the three-month average price of the PIRONET share before the
announcement on October 10, 2013 of the decision to submit the offer.

The offer is subject to various conditions precedent. One of these is the
obtaining of merger control clearance from the German federal competition
authority (Bundeskartellamt).

Contact:
Beate Rosenfeld
Manager Corporate Communication

CANCOM SE
Erika-Mann-Straße 69
80636 München
Germany

Phone: +49 (0) 89 / 54054 5193
mail to: beate.rosenfeld@cancom.de
www.cancom.de

15.11.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language: English
Company: CANCOM SE
Erika-Mann-Straße 69
80636 München
Germany
Phone: +49-(0)89/54054-0
Fax: +49-(0)89/54054-5119
E-mail: info@cancom.de
Internet: http://www.cancom.de
ISIN: DE0005419105
WKN: 541910
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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