Delisting Announcement • Jan 18, 2024
Delisting Announcement
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EQS-Ad-hoc: Kontron AG / Key word(s): Mergers & Acquisitions/Takeover Kontron AG: Kontron AG, Linz/Austria acquires around 59% of KATEK SE shares through its wholly owned German subsidiary – mandatory offer planned for outstanding shareholders
18-Jan-2024 / 10:10 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The execution of the share purchase agreement is still subject to conditions precedent, in particular the issuance of the necessary antitrust approvals, and is expected to be completed by March 2024. After completing the acquisition of the shares and gaining control over KATEK SE, Kontron Acquisition GmbH will publish a mandatory offer to shareholders of KATEK SE following the provisions of the Securities Acquisition and Takeover Act.
In addition, Kontron Acquisition GmbH is aiming to delist KATEK SE from the regulated market of the Frankfurt Stock Exchange aftergaining control, whereby it plans to simultaneously structure the mandatory offeras a delisting acquisition offer. Kontron Acquisition GmbH is working with Bafin (Federal Financial Supervisory Authority) to verify whether, as part of the offer, treasury shares of the listed Kontron AG, which have been acquired through previous share buyback programs, can be offered as a voluntary alternative consideration. The share buyback program ends today. There are no plans fora capital increase at Kontron. The Chairman of the Supervisory Board Klaus Weinmann and the other Supervisory Board member Markus Saller will resign from their positions promptly after closing of the share purchase agreement.
With the execution of the share purchase agreement, the previously announced guidance for 2024 of Kontron will be increased to EUR 1.9bn in revenue (depending on the time of consolidation) and EUR 100m net profit.
Kontron AG(www.kontron.com,www.kontron.com ISINAT0000A0E9W5, WKNA0X9EJ, KTN) is a leading IoTtechnologycompany. For more than 20 years, Kontron has been supporting companies from a wide range of industries to achieve their business goals with intelligent solutions. From automated industrial operations, smarter and safer transport to advanced communications, medical and energysolutions, the companydelivers technologies that add value for its customers. Kontron is listed on the SDAX®and TecDAX®of the German Stock Exchange and has around 4,700 employees in more than 20 countries worldwide.
Barbara Jeitler Kontron AG– Investor Relations Tel: +43 (1) 80191 1199 ir@kontron.com
Alexandra Kentros Kontron AG– Communications Tel: +49 151 151 9388 149 [email protected]
JanLauer Profil MarketingOHG Tel: +49 (531) 387 33-18 [email protected]
End of Inside Information
18-Jan-2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com
Language: English
4020 Linz Austria Phone: +43 (732) 7664 - 0 E-mail: [email protected] Internet: https://www.kontron.com ISIN: AT0000A0E9W5 WKN: A0X9EJ Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; BX, Vienna Stock Exchange (Vienna MTF) EQS News ID: 1817399
End of Announcement EQS News Service
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