09.12.2013
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DGAP-Adhoc: Sedo Holding AG: Squeeze out cash compensation determined at EUR 2.77 per share by United Internet Ventures AG
Sedo Holding AG / Key word(s): Squeeze Out
09.12.2013 18:15
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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Cologne, 9 December 2013 - United Internet Ventures AG with its registered
seat in Montabaur, Germany, registered in the commercial register of the
local court (Amtsgericht) Montabaur under HRB 23538, had informed Sedo
Holding AG's (ISIN DE0005490155) management board pursuant to Sec. 327a
para. 1 sentence 1 of the German Stock Corporation Act (AktG) on 10 October
2013 of its demand that the general meeting of Sedo Holding AG may resolve
the transfer of the shares held by the other shareholders (minority
shareholders) of Sedo Holding AG to United Internet Ventures AG as the
principal shareholder in return for an adequate cash compensation pursuant
to Sec. 327a et seqq. AktG (exclusion of minority shareholders -
squeeze-out). Furthermore, United Internet Ventures AG had informed that it
held 96.05% of the share capital of Sedo Holding AG and was thus a
principal shareholder within the meaning of Sec. 327a para. 1 sentence 1
AktG.
United Internet Ventures AG today notified Sedo Holding AG's management
board that United Internet Ventures AG has determined the amount of cash
compensation for transfer of the shares of the minority shareholders to the
principal shareholder pursuant to Sec. 327a et seqq. AktG (exclusion of
minority shareholders - squeeze-out) at EUR 2.77 per one registered
no-par-value share of Sedo Holding AG, thereby confirming and specifying
its demand.
A resolution regarding the squeeze-out shall be adopted in an extraordinary
general meeting of Sedo Holding AG, which is scheduled for 3 February 2014.
Contact:
Marcus Schaps
Head of PR
Sedo Holding AG
Elgendorfer Straße 57
56410 Montabaur
Germany
Phone: +49 (0) 2602 - 96 1076
Fax: +49 (0) 2602 - 96 1013
email: [email protected]
09.12.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Sedo Holding AG
Im Mediapark 6
50670 Köln
Germany
Phone: +49 - (0)221 / 34030-560
Fax: +49 - (0)221 / 34030-564
E-mail: [email protected]
Internet: www.sedoholding.com
ISIN: DE0005490155
WKN: 549015
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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