United Internet AG

M&A Activity • May 12, 2017

News Details

Takeover Bids | 12 May 2017 04:53

Takeover Offer ;

Target company: Drillisch Aktiengesellschaft; Bidder: United Internet AG

Dissemination of an announcement according to the German Securities

Acquisition and Takeover Act (WpÜG), transmitted by DGAP – a service of

EQS Group AG.

The bidder is solely responsible for the content of this announcement.

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Publication of the decision to make a voluntary public takeover offer

pursuant to Sec. 10 para. 1 in conjunction with Sec. 29, 34 of the German

Securities Acquisition and Takeover Act (Wertpapiererwerbs- und

Übernahmegesetz, WpÜG)

Bidder:

United Internet AG

Elgendorfer Str. 57

56410 Montabaur

ISIN: DE 0005089031 (WKN: 508903)

registered in the commercial register of the Local Court of Montabaur as

HRB 5762

Target Company:

Drillisch Aktiengesellschaft

Wilhelm-Röntgen-Str. 1-5

63477 Maintal

ISIN: DE 0005545503 (WKN: 554550) / DE 000A2DAPD0 (WKN: A2DAPD)

registered in the commercial register of the Local Court of Hanau as HRB

7384

Information by the bidder:

Today United Internet AG (‘Bidder’) decided to make a voluntary public

takeover offer to the shareholders of Drillisch Aktiengesellschaft to

acquire their no-par value bearer shares, each representing a pro rata

amount of the registered share capital of EUR 1.10 for a cash consideration

of EUR 50 per Drillisch share (‘Offer Price’)(‘Takeover Offer’).

The cash offer will be subject to the conditions set forth in the offer

document, notably subject to clearance by the antitrust authorities. The

publication of the offer document and further information regarding the

public takeover offer on the internet will take place on http://www.united-

internet.de/en/investor-relations/takeover-offer. The exact acceptance

period of the cash offer will also be published on this website.

Important information:

This announcement is neither an offer to purchase nor a solicitation of an

offer to sell Drillisch shares. The final terms and further provisions

regarding the Takeover Offer will be disclosed in the offer document after

the publication of the offer document has been approved by the German

Federal Financial Supervisory Authority (Bundesanstalt für

Finanzdienstleistungsaufsicht). Investors and holders of Drillisch shares

are strongly recommended to read the offer document and all documents in

connection with the public takeover offer as soon as they are published,

since they will contain important information.

If this announcement contains forward-looking statements, also with respect

to the takeover offer, such statements do not represent facts and are

characterized by the words ‘will’, ‘expect’, ‘believe’, ‘estimate’,

‘intend’, ‘aim’, ‘assume’ or similar expressions. Such forward-looking

statements express the intentions, opinions or current expectations and

assumptions of United Internet AG and the persons acting together with

United Internet AG. Such forward-looking statements are based on current

plans, estimates and forecasts which United Internet AG and the persons

acting together with United Internet AG have made to the best of their

knowledge, but which do not claim to be correct in the future. Forward-

looking statements are subject to risks, uncertainties and changes in the

accompanying circumstances that are difficult to predict and usually cannot

be influenced by United Internet AG or the persons acting together with

United Internet AG. These expectations and forward-looking statements can

turn out to be incorrect and the actual events or consequences may differ

materially from those contained in or expressed by such forward-looking

statements. United Internet AG and the persons acting together with United

Internet AG do not assume an obligation to update the forward-looking

statements with respect to the actual development or incidents, basic

conditions, assumptions or other factors.

Montabaur, May 12, 2017

United Internet AG

Management Board

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Listing: The shares of the Target Company are listed in the regulated

market in Frankfurt (Prime Standard).

End of WpÜG announcement

The 12.05.2017 DGAP Distribution Services include Regulatory Announcements,

Financial/Corporate News and Press Releases.

Archive at www.dgap.de

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Listed: Bietergesellschaft:

Regulierter Markt in Berlin, Frankfurt (Prime

Standard); Freiverkehr in Düsseldorf, Hamburg, Hannover, München,

Stuttgart, Tradegate Exchange

Zielgesellschaft:

Regulierter Markt in

Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München,

Stuttgart; Terminbörse EUREX