15.07.2014 Curanum AG  DE0005240709

DGAP-Adhoc: Curanum AG: Merger Squeeze-Out


 
Curanum AG / Key word(s): Squeeze Out 15.07.2014 12:41 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. --------------------------------------------------------------------------- Curanum AG: Merger Squeeze-Out Korian Deutschland AG announces its intention for an intra-group merger whereby Curanum AG will be merged into Korian Deutschland AG and its request that a merger squeeze-out of minority shareholders be implemented in this context. Korian Deutschland AG informed the Management Board of Curanum AG today that Korian Deutschland AG owns in the aggregate approximately 92,38% percent of the overall issued shares and, after deduction of the treasury shares held by Curanum AG, 93,27% of the share capital of Curanum AG. Korian Deutschland AG further informed the Management Board that it intends, as principal shareholder of Curanum AG, to take up negotiations on the execution of a merger agreement by which Curanum AG will be merged into Korian Deutschland AG. The merger agreement will include information to the effect that, in connection with the merger, the remaining shareholders of Curanum AG are to be squeezed out pursuant to Section 62 (5) sentence 1 of the German Transformation Act (Umwandlungsgesetz, UmwG) in conjunction with Sections 327a et seq. of the German Stock Corporation Act (Aktiengesetz, AktG) (merger squeeze-out). Accordingly, Korian Deutschland AG has simultaneously submitted to the Management Board a request pursuant to Section 62 (5) sentence 1 UmwG in conjunction with Sections 327a et seq. AktG to cause, in connection with the intended merger, a resolution to be adopted by the general meeting of Curanum AG regarding the transfer of the shares of all remaining shareholders (minority shareholders) to Korian Deutschland AG against payment of an adequate cash compensation. Munich, 15 July 2014 The Management Board 15.07.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Curanum AG Zirkus-Krone-Straße 10 80335 München Germany Phone: +49 (0)89 2420 65-0 Fax: +49 (0)89 2420 65-10 E-mail: [email protected] Internet: www.curanum.de ISIN: DE0005240709 WKN: 524070 Indices: Prime Standard Listed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------