Target company: ISRA VISION AG; Bidder: Atlas Copco Germany Holding 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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Announcement of the decision to make a voluntary public takeover offer
(freiwilliges öffentliches Übernahmeangebot) pursuant to Section 10 para. 1
in conjunction with Sections 29, 34 of the German Securities Acquisition
and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz -'WpÜG')

Bidder:
Atlas Copco Germany Holding AG
Langemarckstraße 35
45141 Essen
Germany
registered in the commercial register of the local court (Amtsgericht) of
Essen under HRB 30601

Target:
ISRA VISION AG
Industriestraße 14
64297 Darmstadt
Germany
registered in the commercial register of the local court (Amtsgericht) of
Darmstadt under HRB 7722

ISIN: DE0005488100 (WKN 548810)

Atlas Copco Germany Holding AG (the 'Bidder') decided on February 10, 2020
to make a voluntary public takeover offer to all shareholders of ISRA
VISION AG for the acquisition of all non-par value bearer shares in ISRA
VISION AG, each share representing a proportionate amount of EUR 1.00 of
the share capital of ISRA VISION AG (the 'ISRA Shares') against payment of
a cash consideration in the amount of EUR 50.00 per ISRA Share (the
'Takeover Offer').

The Bidder is a wholly-owned subsidiary of Atlas Copco AB. The Bidder,
Atlas Copco AB and ISRA VISION AG today entered into a business combination
agreement, which contains the principal terms and conditions of the
Takeover Offer, as well as the mutual intentions and understandings
relating thereto.

Further, the Bidder today entered into definitive agreements with various
shareholders of ISRA VISION AG holding an aggregate of approximately 34.9%
of the share capital of ISRA VISION AG. On the one hand, shareholders
holding approximately 28.8% have irrevocably undertaken to accept the
Takeover Offer for all ISRA Shares held by them. In addition, a share
purchase agreement was entered into with another shareholder regarding the
acquisition of approximately 6.1% against payment of a purchase price of
EUR 50.00 per ISRA Share.

The offer document (in German and a non-binding English translation)
containing the detailed terms and conditions of the Takeover Offer, as well
as further information relating thereto, will be published by the Bidder
following approval by the German Federal Financial Supervisory Authority
(Bundesanstalt für Finanzdienstleistungsaufsicht) on the internet at the
Bidder's website www.technology-offer.com.

The Takeover Offer will be made subject to, inter alia, the clearance by
the cartel authorities and the Committee on Foreign Investment in the
United States (CFIUS). The Takeover Offer will not be subject to reaching a
minimum acceptance threshold.

The Takeover Offer will be made on and subject to the terms and conditions
to be set out in the offer document, and the Bidder reserves the right, to
the extent permissible by law, to deviate from the above described
parameters.

Important Notice:

This announcement is neither an offer to purchase nor a solicitation of an
offer to sell shares of ISRA VISION AG. The definite terms and conditions
of the Takeover Offer, as well as further provisions concerning the
Takeover Offer, will be published in the offer document only after the
German Federal Financial Supervisory Authority has granted approval to
publish the offer document. Investors and holders of shares in ISRA VISION
AG are strongly advised to read the offer document and all other relevant
documents regarding the Takeover Offer when they become available, as they
will contain important information.

The Takeover Offer will be made exclusively under the laws of the Federal
Republic of Germany, especially under the German Securities Acquisition and
Takeover Act (Wertpapiererwerbs und Übernahmegesetz - WpÜG), and certain
provisions of the securities laws of the United States of America
applicable to cross-border tender offers. The Takeover Offer will not be
executed according to the provisions of jurisdictions other than those of
the Federal Republic of Germany or the United States of America (to the
extent applicable). Thus, no other announcements, registrations, admissions
or approvals of the offer outside of the Federal Republic of Germany have
been filed, arranged for or granted. Investors in, and holders of,
securities in ISRA VISION AG cannot rely on having recourse to provisions
for the protection of investors in any jurisdiction other than the
provisions of the Federal Republic of Germany or the United States of
America (to the extent applicable). Subject to the exceptions described in
the offer document as well as any exemptions that may be granted by the
relevant regulators, a public takeover offer will not be made, neither
directly nor indirectly, in jurisdictions where to do so would constitute a
violation of the laws of such jurisdiction.

To the extent permissible under applicable law or regulation, the Bidder,
its affiliates or its brokers may, directly or indirectly, purchase ISRA
Shares outside of the scope of the public Takeover Offer, before, during or
after the period in which the offer remains open for acceptance. These
purchases may be completed via the stock exchange at market prices or
outside the stock exchange at negotiated conditions. If such purchases or
arrangements to purchase are made they will be made outside the United
States of America and will comply with applicable law, including the US
Securities Exchange Act of 1934. Any information on such purchases will be
disclosed as required by law or regulation in Germany or any other relevant
jurisdiction.

Essen, February 10, 2020

Atlas Copco Germany Holding AG

End of WpÜG announcement

The 10.02.2020 DGAP Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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