Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG

M&A Activity • Jun 29, 2009

News Details

Corporate | 29 June 2009 16:08

Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: Mandatory offer of INTRO-Verwaltungs GmbH concluded

Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG / Offer

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Munich, June 29, 2009 - The term for acceptance of the mandatory offer of
INTRO-Verwaltungs GmbH published on May 19, 2009, expired on June 19, 2009,
and, as notified by INTRO-Verwaltungs GmbH, was accepted for 947,921 shares
of LUDWIG BECK AG. This corresponds to 25.7 %. Consequently, the company
currently holds approximately 65.9 % of the shares in the Munich fashion
house.

Before that, the Reichenschwand-based investment company had increased its
share in LUDWIG BECK AG to 40.2 % through purchases from ATON GmbH and Hans
Rudolf Wöhrl Verwaltungs GmbH, and in compliance with its statutory
obligations, offered the shareholders of LUDWIG BECK AG to take over their
shares at the cash price of EUR 11.90 per share.

Within the scope of the tender offer, Rudolf Wöhrl AG, which had been the
largest single shareholder of LUDWIG BECK AG to that date, sold 810,000
shares in the Munich fashion house to INTRO-Verwaltungs GmbH, and currently
only holds 4.0 % of the shares in the company.

Furthermore, AD Investments, Ost-West-Beteiligungs- und
Grundstücksverwaltungs-AG and Rheintex Verwaltungs AG purchased shares in
free trade and joined the ranks of the shareholders of LUDWIG BECK AG
exceeding the 3 % threshold. AD Investments holds 3.5 % of the shares in
LUDWIG BECK AG, Ost-West-Beteiligungs- und Grundstücksverwaltungs-AG holds
5.0 %, and the participating interests of Rheintex Verwaltungs AG amount to
3.0 % of the shares in LUDWIG BECK AG.

Overview of the current shareholder structure of LUDWIG BECK AG:

INTRO-Verwaltungs GmbH: 65.9 %
Ost-West Beteiligungs- und Grundstücksverwaltungs AG: 5.0 %
Rudolf Wöhrl AG: 4.0 %
AD Investments: 3.5 %
Rheintex Verwaltungs AG: 3.0 %
Free float: 18.6 %

'We are pleased about the strong interest in our company. In spite of the
strained economic situation - especially for the textile retail trade - we
were able to motivate new investors to acquire shares in our company',
Dieter Münch, Member of the Executive Board of LUDWIG BECK AG stated. 'To
us, this is a welcome confirmation of our company's successful strategy
which shall make the Munich fashion house one of the most attractive and
strongest selling department stores in Europe', Münch concluded.

Investor Relations contact:
esVedra consulting GmbH
Metis Tarta-Steck
+49 89 28808-133
mts@esvedragroup.com

Group accounting contact:
Ludwig Beck am Rathauseck
Jens Schott
+49 89 23691-798
jens.schott@ludwigbeck.de

29.06.2009 Financial News transmitted by DGAP

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: info@ludwigbeck.de
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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